U.S. Markets open in 6 hrs 56 mins

$25,000 in New Challenge Awards in the UC Davis Big Bang! Business Competition

DAVIS, Calif.--(BUSINESS WIRE)--

Three challenge awards new to the 2017 UC Davis Big Bang! Business Competition will support innovative solutions in synthesis gas (syngas), organizational transformation, and increasing resource efficiency in agriculture or food systems.

These new competition awards totaling $25,000 are sponsored by Sierra Energy ($10,000 for teams interested in syngas), EVCO Plastics (for teams interested in honing their skills in transforming an existing company), and Gowan Co. and AGR Partners ($10,000 for teams interested in increasing resource efficiency in agriculture or food systems).

The sponsors for each challenge award will participate in selecting the winning team, which are “challenged” to present an innovative solution in the specific area.

“We couldn’t be happier to receive such a strong vote of confidence from the business community about the power of UC Davis to drive innovation in agriculture, food, environment, and energy sectors,” said Cleveland Justis, executive director of the Mike and Renee Child Institute for Innovation and Entrepreneurship, which organizes and hosts the competition.

A Call for Aspiring Entrepreneurs

Teams of aspiring entrepreneurs must register and submit several deliverables by 11:59 p.m. on April 11. Teams register to compete for the challenge awards here: https://beta.younoodle.com/competition/uc_davis_big_bang_competition

Teams that enter the Big Bang! competition at this time will only be considered for the challenge awards and are not eligible for other Big Bang! prizes.

More details about the challenge awards are available here: http://gsm.ucdavis.edu/post/big-bang-business-competition-challenge-awards

The 2017 Big Bang! Final Presentations and Awards Ceremony takes place at UC Davis on May 25. RSVP to attend at: https://www.eventbrite.com/e/2017-big-bang-final-presentations-awards-ceremony-tickets-32894880473

Up to $65,000 in Awards at Stake

In addition to the new challenge awards, the 2017 Big Bang! will award at least $40,000 in other prizes:

  • First Place: $10,000 cash
    Second Place: $5,000 cash
    People’s Choice Award: $2,500
  • Local Innovators Award: $10,000 in-kind services
    Sponsored by Davis Roots
  • Biomedical Innovation Award: $4,000
    Sponsored by UC Davis Office of Research, School of Veterinary Medicine, School of Medicine and College of Engineering
  • Global Poverty Alleviation Award: $3,000
    Sponsored by UC Davis Blum Center for Developing Economies
  • Innovation in Food & Agriculture Award: $3,000
    Sponsored by the UC Davis World Food Center
  • CleanTech Award: $2,500
    Sponsored by Gary Simon and CleanStart

Full prize information: http://gsm.ucdavis.edu/program-detail/big-bang-business-competition-prizes

More about competition: http://gsm.ucdavis.edu/big-bang-business-competition

About the UC Davis Mike and Renee Child Institute for Innovation and Entrepreneurship http://www.gsm.ucdavis.edu/entrepreneurship

The institute serves as the nexus for entrepreneurship education and research—and as a springboard for entrepreneurial initiatives—on the UC Davis campus. The institute brings science, engineering and business students and faculty together with experienced entrepreneurs, investors and corporate leaders in a highly collaborative environment that blends effective theory with hands-on participation and solution-driven innovation. The institute is a Center for Excellence at the UC Davis Graduate School of Management.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170404006523/en/