The Office of Technology and Innovation (T&I) invites CUT students to participate in this exciting initiative. The competition is aimed at financially incentivising students from all faculties and fields of study with especially meritorious innovative ideas for the development of new products, processes or services.

Such developments, possibly culminating in the registration of patents, designs or trademarks, may eventually be commercialized in the interest of both the inventors and the university. Depending on circumstances, participants may eventually enter the formal CUT Incubation Programme as well.

Prospective participants are welcome to enter projects – not project plans – completed during 2015 for the competition by submitting a written description of the particular project of not more than four pages for consideration by an assessment committee.

Project descriptions should include:

• A project title page including the project title, as well as name and full contact details of the entrant,
• A description of the project indicating the uniqueness of the developed product, process or service,
• The cost associated with its possible production/commercialisation and potential commercial benefits thereof,
• A marketing strategy and a roll-out budget.

Submissions should be handed in not later than 30 October 2015 at the relevant lecturers for forwarding to T&I. Projects can be entered for the competition only once – hence those entered for the 2014 competition do not qualify for resubmission.