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IYA PRIZEs



prize categories



Welcome participants! The Academy is excited to offer three competition categories this year:

Iovine and Young Prize 2018
Dean's Development Prizes
Social Impact Prize

The registration deadline for all three prize categories is April 16 11:59PM (PDT). We will no longer accept new applications after this time.



IYA Prize Overview

The Iovine and Young Prize, endowed in honor of entertainment and technology entrepreneurs Jimmy Iovine and Andre Young (Dr. Dre), is awarded annually to a student or student team in the USC Iovine and Young Academy. Teams must have at least one Academy student, who is a rising senior, in a leadership role and may include students from all USC schools. Students may compete for the $10,000 award by submitting proposals that demonstrate exceptional creativity and feasibility in the design of a breakthrough business, technology, product, service or system. Proposals should have significant potential for practical application in new or existing businesses, industries or fields, and for societal transformation or impact. The award will be used to fund further development or implementation of the selected proposal. There will also be a Sophomore Development Prize of $5,000; and, a Freshmen Development Prize of $2,500. 



criteria

A jury consisting of Academy faculty, industry advisors, and leaders from relevant fields will evaluate submitted proposals. The prizes will be awarded based on the following criteria:

-Originality and creativity -Level of completion, including number and nature of remaining steps to implementation
-Feasibility, including costs to manufacture, distribute, market, implement, etc.
-Potential reach or scope in terms of numbers and types of individuals, groups or communities that may benefit from the proposed idea




documentation

Project submissions should include all applicable documentation or materials, including but not limited to:

- Working prototypes 
- Schematics 
- Business model
- Marketing and communication plans 
- Feasibility studies 
- Supporting data or analytics
-Originality and creativity -Level of completion, including number and nature of remaining steps to implementation 
-Feasibility, including costs to manufacture, distribute, market, implement, etc. 
-Potential reach or scope in terms of numbers and types of individuals, groups or communities that may benefit from the proposed idea




application process

1. Complete the ApplicationApplications must be completed no later than 11:59 PM (PDT) Monday, April 16, 2018


Rules:
- Each team must have at least one Academy student in a leadership role.
- No student may serve as the qualifying student, as described above, for more than one team.
- All team members must be USC students in good standing.
- There is no entry fee.
- Each team shall not submit more than one proposal.
- The subject of the proposal must be the original idea of that particular team or a member thereof.
- If a team is found to have submitted an idea that is not original, it will be disqualified.
- Teams may not consist of more than five members, but can be as few as one member.

2. Presentations: Finalist teams will be asked to make a five-minute presentation to the judging panel on May 1, 2018 (10 a.m. - 12 p.m.)

3. All prize winners will be announced May 1, 2018.

4. Funds from the Iovine and Young Prize, the Sophomore Development Prize, and the Freshmen Development Prize are intended to be used for necessary actions consistent with the strategies outlined in your plan and may be used for such expenses as web site development; hiring a corporate or patent attorney, accountant, bookkeeper, or similar service; purchase of a market study; etc., but may not be used for team member compensation.



QUESTIONS? CONTACT:

Please email jennifme@usc.edu


APPLY HERE