OPPORTUNITY DETAILS

Total reward

0 $

Nonprofit organization

Microsoft

Area

America

Host Country

United States of America

Deadline

17 Dec 2017

Study level

Undergraduate

Opportunity type

Competitions , Awards

Specialities

Engineering , Information technology and computer science , Science

Opportunity funding

Full funding

Eligible Countries

Eligible Region

Maghreb , Middle East , Western Europe , Central and Eastern Europe , Asia-Pacific , Africa , America , Online , Australia

Deadline: 17 December 2017
Open to: legal resident 18 years of age or older in the region in which they are participating within
Awards: 1st place – USD 1,000,000; A.I. For Good – USD 500,000

Description

The objective of this competition is to bring together the most promising early-stage startups tackling currently unsolved problems at scale using Artificial Intelligence (“AI”). Innovate.AI: a Global Startup Competition is Presented by Microsoft Ventures, Madrona Venture Group, Notion Capital, and Vertex Ventures Palestine. A global competition for startups harnessing the power of A.I. & machine learning. Helping high-potential startups gaining access to capital and further the development of A.I. to solve problems and improve people’s lives.

Eligibility

You must be a company legally incorporated or registered a business in a country that falls within one of the entry categories given in eligible region; and
The founder/operator of each company must be a legal resident 18 years of age or older in the region in which they are participating within
Your company must currently offer or intend to release a product, service, or platform which utilizes Machine Learning and/or A.I. techniques (as defined by relevant scientific research); such a product must be based on a model developed by the company, and/or be trained with data obtained/generated by the company or a 3rd party, and/or make use of pre-trained Machine Learning and A.I. APIs
Your company has raised no more than USD 4,000,000 USD (or equivalent amount using foreign exchange rates on the dates of funding) in equity funding and/or loans at day of application.

Awards

The prizes for each regional competition will be:

1st Place (Three (3) Total Winners)
A USD 1,000,000 investment USD split between Microsoft Ventures & our VC partners, along with USD 500,000 USD in Azure credits for 3 years, 100 Office 365 licenses for 1 year, and an Azure Standard support plan;
A.I. For Good (One(1) Winner)
A USD 500,000 USD investment from Microsoft Ventures, USD 500,000 USD in Azure credits for 3 years, 100 Office 365 licenses for 1 year, and an Azure Standard support plan.

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