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SOURCE Conrad Foundation
Teams of innovative STEM entrepreneurs from around the world compete for $45,000 in prizes
HOUSTON, Feb. 21, 2014 /PRNewswire-USNewswire/ -- Officials with the Conrad Foundation today announced the names of 20 high school and middle school teams from the U.S., China, India, Israel and Sri Lanka to compete in the final round of the 2013-2014 Spirit of Innovation Challenge. Selected from 133 innovative semifinalist teams from around the world, these young entrepreneurs will attend the 2014 Innovation Summit and compete for $45,000 in prizes.
Presented by Lockheed Martin, the annual business and technical plan competition challenges teams of students ages 13-18 to combine innovation and entrepreneurship, along with STEM (science, technology, engineering and math), to create commercially-viable products to benefit humanity and support global sustainability.
"We believe young people have an amazing capacity to imagine, design and create products and services to benefit humanity," said Nancy Conrad, founder and chairman of the Conrad Foundation. "The Spirit of Innovation Challenge provides the tools and the resources students and educators need to learn how to collaborate, investigate and make their ideas a reality, while simultaneously bringing valuable context to lessens in the classroom."
Finalist teams will present their product concepts April 7-8 before a panel of industry experts, leading entrepreneurs, government officials and world-renowned scientists at NASA Johnson Space Center in Houston. Products will be evaluated for technical content and marketplace viability. Presentations will be available for public viewing via live stream at www.conradawards.org.
The finalist teams in each category include:
Aerospace & Aviation
Cybertechnology & Security
Energy & Environment
Health & Nutrition
The winning team in each category will be recognized as Pete Conrad Scholars in honor of Apollo 12 astronaut, Charles "Pete" Conrad, and his three-decade pursuit of innovation and entrepreneurship. These teams also receive a Next Step Grant of $10,000 to continue product development, as well as a chance to receive a $5,000 grant from the Intellectual Property Owners Education Foundation for patent applications.
For more information about the Spirit of Innovation Challenge or how to contribute to the Conrad Foundation, visit www.conradawards.org.
About The Conrad Foundation
The Conrad Foundation is a not-for-profit organization dedicated to 21st century, immersive learning, where students use their imagination and innovation to enrich their classroom studies by adding context to content. The Foundation is the only organization of its kind whose programs combine education, innovation, and entrepreneurship to inspire solutions for achieving global sustainability. For more information, visit www.conradfoundation.org.
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