$100,000 Live EDGE International Challenge

Premier Farnell plc (LSE:pfl) announced their Live EDGE international competition Live EDGE. The competition is designed to provide a forum where electronic design engineers and students can design products that are environmentally-friendly through the use of electronic components.

The competition is open to anyone aged 18 or over. Electronics engineers, students and inventors around the world are invited to submit designs for an innovative product that utilizes electronic components and has a positive impact on the environment, for example by increasing energy efficiency or reducing carbon emissions. Entries can be submitted between October 1, 2008 and January 31, 2009. Judging will start on February 1, 2009 and winners will be announced on April 2, 2009.

The winning entrant for both the full-time student and the general/open category will receive a cash prize of $25,000 as well as design support package valued at an additional $25,000 to move their design towards production. The support package will include the services of an electronic design consultancy to help develop the design to prototype stage, assistance with legal matters and IP registration, some marketing and publicity, as well as Premier Farnell’s help in securing investment funding. The Group will actively market the end product to millions of customers globally through their leading edge website, catalog and direct marketing.

In addition, up to 3 entrants for the full-time student category and 3 entrants for the general/open category will be eligible for ‘honorable mentions’, each receiving a cash prize of $5,000.

More info: Live EDGE 2008