Students have to create a 2 minute video about their idea and prepare a one-pager that shortly describes the business model of their idea.
The first round of the competition is a local one, where a first and a second prize is decided and is distributed to the local participants by the local HEI partner. The member HEI has to bear the 750 and 250 USD prize to the winner and for the second prize winner.
The local first and second place contestants go onto the international level, where an international panel of experts judge all projects. All member HEIs have to delegate an expert to be part of the virtual panel of judges.
The winners (first, second) is decided on the international level and awarded 750 and 250 USD prize respectively (the prize is donated by a company). The award ceremony will be broadcasted from Pecs via a videoconference channel.
Deadline of the local application: 19th March 2018
Local panel evaluates and makes decision on the local winner and second place: 20th March - 8th April 2018
International evaluates the local winners and second place projects: 11th April - 22th April 2018
Announcement of the winner of the IVP: 23th April 2018