Qualcomm has launched its QPrize™ 2012 international venture investment competition to identify and fund promising, early-stage technology companies.
The QPrize competition is open to entrepreneurs across eight areas and countries like China, India and Eastern Europe.
One finalist from each of the eight regions will be awarded $100,000 in convertible note financing from Qualcomm as seed funding and will be invited to compete against other regional finalists in the QPrize Grand Prize competition.
The Grand Prize winner will receive an additional $150,000 of convertible note funding to help transform his or her innovative business plan into reality. The deadline to submit business plans for most regions is August 17, 2012.