As part of its centennial anniversary, global security and aerospace company Lockheed Martin Corporation has announced a worldwide innovation contest with cash awards totaling $50,000.
The "Innovate the Future" contest is intended to create a global forum for interested participants to share ideas on how innovation can enable a more secure future for the planet. Participants are invited to submit their thoughts on a range of topics facing the world community, including the need for sustainable energy, cyber security, and health care.
To enter the contest, participants must complete a brief submission online at the program's Web site. Up to five ideas will be selected for cash awards. There will be one $25,000 grand prize, one $10,000 second place prize, and three $5,000 third place prizes. The grand prize winner will also receive an incubation contract with the Maryland Technology Enterprise Institute at the University of Maryland to help validate and develop the idea.
Visit the Lockheed Martin Web site for complete program guidelines and submission procedures.