ideas Techn ologytitansinnovationchallenge Sponsor Opportunities&Benefits
Overview of the Technology Titans Innovation Challenge Objectives and Benefits The Technology Titans Innovation Challenge is an idea competition designed to recognize and educate college students in the State of Utah who want to impact the world with new science, technologies, or products. Tech Titans is an opportunity for these students to earn training and prizes while they develop their marketable ideas. The numerous objectives and benefits of this competition include: Educate students in the process of transforming an idea to marketability Identify promising Utah-based inventions, research projects, and partnerships Foster relationships among inventors, universities, businesses, and investors Promote the work of students, researchers, and industry, especially in Utah Encourage further research, innovation, and collaboration Assist students and budding inventors in nurturing and protecting their ideas What Is a Technology Titan? According to Greek mythology, titans were budding young gods whose mother challenged them to gain rule of the world. Upon obtaining power, these titans ruled during what Greeks called the Golden Age, or the first era of Humanity. The mythological titan Atlas, for example, held the heavens on his shoulders; for this reason, a modern atlas is a collection of maps perhaps from Atlas s point of view. In modern times, technology titans can rule with new products or services that make the world a better place. Like the titans of old, technology titans are not satisfied with the status quo. Technology titans, however, rule the world with ideas and innovation. Modern titans can emerge from any race, creed, gender, or other background. The Technology Titans Innovation Challenge empowers students with the tools to take their ideas to the next stage of development and marketability. Entry Process Judging Criteria Judging of entries is based on the following criteria: Effectiveness of the description of the product or service idea (but not how it works) Presence of innovation or improvement over existing alternatives Benefit or impact to the environment, society, or a target market Plan for advancing the idea to a production stage, even if years are required Discussion of strategy for protecting the product or service First Round Students in good standing at colleges and universities in the State of Utah are eligible to submit ideas by means of a two-page summary that follows the submission guidelines listed at the website page www.techtitans.org/subid.html. These submissions will receive a "blind read" by a panel of judges made up of industry experts who unite to combine technical, business, and product development experience.
Second Round Chosen finalists will be invited to present their idea in person to the judging panel. Semifinalists will discuss their idea in more detail based on the criteria above and will take time to answer questions from the panel. This finalist event is scheduled for Saturday, March 31, 2007. Notification of Winners Final winners will be notified by April 14. Winners, judges, and sponsors will be invited to attend the awards dinner. Competition Timeline September-January February 17, 2007 March 2 March 19 March 31 April 19 Competition promotion and education Registration deadline Deadline for idea summary Announcement of finalists Finalist presentations Awards dinner Benefits of Sponsorship Meet tomorrow s innovators today. The Technology Titans Innovation Challenge is designed to stimulate, educate and support breakthrough ideas from promising inventors in Utah to impact our community and possibly change the world. Sponsoring this Tech Titans competition gives you the opportunity to recognize the highly creative achievement of the students of today and the industry leaders of tomorrow. We need your support and assistance to build the Technology Titans Innovation Challenge into a world-renowned competition. A wide range of monetary and in-kind sponsorship plans are available. To become a sponsor or contribute to the Technology Titans Innovation Challenge, visit the website at www.techtitans.org, send an e-mail to sponsor@techtitans.org, or call (801) 213-3576 today!
Technology Titans Innovation Challenge Sponsorship Options Benefits ($10,000 or more) Sponsor name, logo, and/or hyperlink on www.techtitans.org website as a Platinum Sponsor Sponsor name included in e-mails sent to all Tech Titans participants At the final awards banquet on April 19, 2007: o Promotion. Sponsor name, logo, and/or description in banquet brochure for every guest, on competition Wall of Honor, and at strategic locations (i.e., via television monitors) throughout the event Opportunity to provide a take-away gift, product, or service to selected winners or all banquet attendees o Admission. Six admission tickets, including meal, for representatives and/or other guests chosen by the Platinum Sponsor o Networking and Sourcing. Access to post-event reception for winners Benefits ($5,000 - $9,999) Sponsor name, logo, and/or hyperlink on www.techtitans.org website as a Gold Sponsor Sponsor name included in e-mails sent to all Tech Titans participants At the final awards banquet on April 19, 2007: o Promotion. Sponsor name or logo in banquet brochure for every guest and on competition Wall of Honor Opportunity to provide a take-away gift, product, or service to selected winners or all banquet attendees o Admission. Four admission tickets, including meal, for representatives and/or other guests chosen by the Gold Sponsor o Networking and Sourcing. Access to post-event reception for winners
Benefits ($2,000 - $4,999) Sponsor name, logo, and/or hyperlink on www.techtitans.org website as a Silver Sponsor At the final awards banquet on April 19, 2007: o Promotion. Sponsor name or logo in banquet brochure for every guest Logo displayed on the competition Wall of Honor o Admission. Two admission tickets, including meal, for sponsor representatives and/or other guests chosen by the Silver Sponsor o Networking and Sourcing. Access to post-event reception for winners Upon remitting a contribution, sponsors will receive a receipt from the University of Utah for the amount of the contribution, less the value of goods and services received. For other ways to contribute to or participate in the Technology Titans Innovation Challenge, please contact us. Technology Titans Innovation Challenge Utah Entrepreneur Center 85 Fort Douglas Boulevard Salt Lake City, Utah 84113 info@techtitans.org (801) 213-3576 phone/voicemail Student Directors Katie Trieu, junior: katie@techtitans.org Jeff Walker, senior: jeff@techtitans.org Brad Stoker, graduate student: brad@techtitans.org Note: The Student Directors and other members of the Tech Titans organizing team are charged with managing the competition and will not participate as entrants. As organizers and directors of the Technology Titans Innovation Challenge, we want to advance the cause of generating ideas that bring a better life to people in Utah and throughout the world. We invite you to support the Technology Titans challenge and help promote a higher level of achievement for the students of the State of Utah. Please feel free to contact us with questions or comments. The Technology Titans Innovation Challenge is a not-for-profit competition. Tech Titans is a joint partnership among the colleges and universities in the State of Utah. Your information will not be shared with third parties who are not involved with the Technology Titans Innovation Challenge.
Advisory Committee The Technology Titans Advisory Committee supports the Innovation Challenge by providing guidance about the competition structure and facilitating the distribution of information. This Advisory Committee symbolizes the breadth of the Tech Titans competition across schools and disciplines. Brigham Young University College of Eastern Utah Southern Utah University University of Utah Utah College of Applied Technology (UCAT) Utah State University Utah Valley State College Weber State University Westminster College Brent Strong, professor of engineering and founder of BYU s Advanced Manufacturing & Engineering Center David Kardelis, Professor of Engineering and Physics Michael Bouniaev, Dean, College of Computing, Integrated Engineering and Technology Richard Brown, Dean, College of Engineering Jared Haines, Vice President of Student Services Joan Smith, Career Advisor, College of Engineering Kent Millington, Entrepreneur in Residence Warren Hill, Dean, College of Applied Science and Technology Paul Hooker, Program Chair, Physical Sciences Participating Schools The Technology Titans Innovation Challenge www.techtitans.org