A Great Verizon Idea is Worth $1 Million Bucks

Verizon announced the Powerful Answers Award, which offers $10 million dollars for the most innovative solutions in healthcare, education and sustainability.

The Powerful Answers Award is a global challenge to inspire and reward innovative solutions that address society’s biggest challenges in education, healthcare, and sustainability utilizing Verizon’s unique combination of network, device and platform technologies. A total of $10 million in cash prizes will be awarded.The award is open technology, academic, government, and not-for-profit industries and communities.

verizonThe deadline for submissions is June 30, 2013. 1st place: $1 million 2nd place: $850,000 3rd place: $700,000 4th place: $500,000 5th place: $285,000

Entries must be submitted to powerfulanswersaward.com by June 30, 2013. Entrants selected to submit full proposals will have until August 15, 2013 to do so. The final phase of the contest will begin on or around October 1, 2013, where the top 10 proposals in each core area will be asked to pitch their idea to a panel of renowned judges. Winners will be announced at the 2014 International CES event in Las Vegas.