The I2P Global Competition
Idea to Product Global is a competition in commercialization of research aiming to fill the gap between university research and business plan competitions. Founded by the VP of Research at University of Texas (UT) at Austin, the competition has run for 10 consecutive years. Each year at least one team has gone on to business plan competitions, to receive additional research funding, or to create a new company.
This year we aim to repeat the success of the I2P® Global that took place in Stockholm over the last 2 years. It was then the first time that the competition was held outside of Austin, Texas. The event will be held at Fundacao Getulio Vargas in Sao Paulo, Brazil, now for the first time in Latin America. In total, 15 to 18 teams will be competing in 3 parallel championships: ICT, Energy and Life Science. In each team, students will have created new value based on emerging technology.
In participating in the competition, student groups present assessments of their technology-based products or services. The entries should be unique and innovative, be feasible to implement, address an identified market need, and they must have an underlying technology component. Teams are encouraged to focus on the benefits of their technology and its associated market potential, rather than the technical features.
During this three day event, the main goal is to educate the competing teams of students, ranging from Bachelor to Ph.D. levels. The success of the I2P program is based on the success of the students and their ability to commercialize innovation. There are also a number of important secondary goals of the competition:
- To promote Brazil, FGV and UFJF as a centers of innovation.
- To facilitate the international networking and knowledge sharing between top universities, and between these schools and the specialist competencies provided by the judges.
- To fill the gap between university research and business plan competitions.