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Cisco 1 Million USD in PrizesCalling All #TechForGood Startups

Submit your solution by January 29, 2021, at 5 pm PT!


Cisco is committed to positively impacting 1 billion people by 2025. As part of our work, we seek to inspire and empower a generation of global problem solvers who will not only survive – but drive and thrive – in our increasingly digital economy. With the Internet of Things (IoT) and digital technologies connecting devices and data, good ideas now have the ability to make a difference more quickly than ever before – and we’re here to help.




Their fifth annual Cisco Global Problem Solver Challenge aims to recognize new business ideas that leverage technology for social impact from entrepreneurs around the world. Their goal is to advance early-stage projects that are beyond the concept or idea formation stage, but which have not yet generated over $1M USD in funding and/or revenue.


$1,000,000 USD in prize money will help accelerate the adoption of breakthrough technology, products, and services that drive economic development and/or solve social or environmental problems.


PRIZES

  • $250,000 USD Grand Prize A single team will be designated as the grand prize winner.

  • $75,000 USD Regional First Runners-Up Three teams from Americas, EMEAR and APJC will be designated the regional first runners-up and will receive $75,000 USD each.

  • $50,000 USD Second Runners-Up Three teams will be designated the second runners-up and will receive $50,000 USD each.

  • $25,000 USD Third Runners-Up Three teams will be designated the third runners-up and will receive $25,000 USD each.

  • $10,000 USD Fourth Runners-Up Three teams will be designated the fourth runners-up and will receive $10,000 USD each.

  • $10,000 USD People's Choice The finalist entry that receives the most votes will receive the People’s Choice Award.

  • $10,000 USD Cisco Employees' Choice The finalist entry that receives the most votes will receive the Cisco Employees' Choice Award.


SPECIAL 2021 PRIZES

  • $50,000 USD Greenhouse Gas Solutions Prize A single team will be designated as the winner of this prize.

  • $50,000 USD Ethical AI Prize A single team will be designated as the winner of this prize

  • $50,000 USD Digital Inclusivity Prize A single team will be designated as the winner of this prize.

  • $50,000 USD HBCU Startup Prize A single team will be designated as the winner of this prize.

  • $50,000 USD Pandemic Response Prize A single team will be designated as the winner of this prize.


HOW TO PARTICIPATE


The Cisco Global Problem Solver Challenge 2021 is a worldwide search for early-stage technology-enabled solutions and services that can enable economic development and/or benefit society and/or the environment. The goal is to advance early-stage projects that are beyond the concept or idea formation stage, but which have not yet generated over $1M USD in funding and/or revenue.


Register to Participate

You can participate as an individual, as part of a team, or as a business entity. Teams may have a maximum of 5 members. If you are registering as part of a team, your team leader will need to register first and then can invite you to register as a member of the team, using your email address. For detailed eligibility requirements, please review the rules. Once you are ready, click here to register.


Prepare your Submission

There will be two distinct submission rounds. Round one opens October 27, 2020, and closes January 29, 2021, at 5:00 pm PT. To prepare your submission you will need to complete an online questionnaire which will cover the following topics:

  • Defining the problem you are solving

  • Explaining the solution, including:

  • Its benefits and how it uses IoT or digital technologies

  • How it is unique and will be taken to market

  • Risks associated with the solution

  • 90-second pitch video explaining the solution

Once you are ready, click here to register (or login) and prepare your submission. 

OFFICIAL WEBSITE


Apply Now!

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