The iDesign@Penn Prize will prioritize the design of physical objects. The criteria for the competition are as follows:

  • A creative design that solves a real problem in the world
  • A designed tangible object that is critical to the business proposition
  • A commercially viable and socially valuable product
  • An innovative idea: either entirely new to the world, a fundamental improvement on something that exists, or something that is translated from one domain to another in a new way
  • A holistic offering, with fleshed out design, effective engineering strategy and specifications, and a compelling business case

A team might consist of 1 person, or as many people as desired. Teams are typically 2 - 5 people. The team must designate a teamleader, who must be a graduate or undergraduate degree-candidate student at the University of Pennsylvania. This team leader must lead the team and drive the product development and will be the only person with whom the iDesign Prize@Penn leadership staff will communicate.

iDesign Prize@Penn submission requirements are as follows. Please submit a pitch deck of no more than 20 slides that includes the following information:

  • your team members and how they contribute
  • the market problem/opportunity
  • the size of your target market
  • a description of your product or service and how it will meet this opportunity
  • an assessment of the competitive landscape
  • an articulation of the what makes your product innovative or unique
  • how your firm will generate revenues and profit
  • a development plan
  • a proposed budget for how you would use the $50,000 over the course of a year
Also, upload a video pitch explaining your product story. See Kickstarter for product video ideas. Maximum 3 minutes.

Have questions about iDesign? Email us at:  askaboutidesign@gmail.com