The MAKO Student Innovation Award is a business pitch competition hosted by Ryerson University in Toronto, Canada. The competition will reward recipients and their invention ideas $10,500 from MAKO and the Brookfield Institute to assist them in transforming their prototypes into products and successful businesses.
Applications opened on February 5, 2018, and will close on March 5, 2018. You have a month to get those applications in! From there, applicants will be shortlisted and finalists will be notified in March. Finalists will then be invited to present their invention ideas in front of the selection committee in April 2018. The selection committee will attend the adjudication event, watch the presentations, and make the final selection of the recipient based on the following weighted criteria:
25% – Innovation in Product Design and Concept
25% – Marketability and Commercialization
25% – Business Model
25% – Social Impact
- Students must currently be part of the Ryerson Zone network and in good academic standing
- Students must have a physical mock-up/prototype of their invention ideas and business plan by the adjudication date
- Evidence of cross-zone collaboration is encouraged, but not mandatory
- At least one team member must meet the eligibility conditions
How to apply
So if you’re a student that has a big business or invention ideas that could change the world, enter for a chance to turn your idea into reality.
Want to know more? There’s an info session happening February 27th where you can learn everything you need to know to enter. RSVP here.
About: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop-shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and manufacturing services. To assist our startup and inventor clients, in addition to above, we help with business strategy, product strategy, marketing, and sales/distribution for all consumer product categories. Also, our founder Kevin Mako hosts The Product Startup Podcast, the industry's leading hardware podcast. Check it out for tips, interviews, and best practices for hardware startups, inventors, and product developers. Click HERE to learn more about MAKO Design + Invent!