More than 400 people register interest in Callaghan's C-Prize Challenge
By Rebecca Howard
June 23 (BusinessDesk) - So far more than 400 people have registered interest in entering Callaghan Innovation's biennial C-Prize Challenge, where innovators have been invited to create the next generation of wearable technology.
"In 2015 we had 318 registrations of interest so we are anticipating a high number of final entries. Final entries close off July 2, 2017," said Callaghan Innovation's C-Prize marking and communications specialist Tina Smith.
The inaugural 2015 C-Prize focused on Unmanned Aerial Vehicle or drone technology for the screen industry.
Entrants need to create a hardware-software wearable solution that captures and processes user data and communicates feedback allowing the user's actions enhance their outcome. They can participate in one or more of three challenges: live healthier, work safer and play smarter.
Smith said there wouldn't be any details about the entries until the closing date but "anecdotally we know that people have been thinking about applying their ideas to more than one of the three scenarios."
She said most gravitate towards play smarter/sport to start but then begin to recognise market potential in other areas, particularly health.
Up to 10 finalists will receive a $35,000 prize package to develop prototypes of their ideas while the overall winner will receive a $100,000 prize package, including a trip to a major overseas technology trade show.
(BusinessDesk receives assistance from Callaghan Innovation to cover the commercialisation of innovation)