The
Entrepreneurial
Challenge

Presented by Sikorsky Innovations


Spark What’s Next™

Sikorsky Innovations is continuing its search for game changing ideas in the 4th Entrepreneurial Challenge. Whether your product can enhance Sikorsky's core business or create opportunities in new markets, the Entrepreneurial Challenge is used to identify future potential partners and increase collaborative efforts between the small business community and a world leader in vertical flight solutions. Selected entrepreneurs will join an extensive network of technical experts, business mentors, strategic partners, potential customers, and experienced investors working together to Spark What's Next™.

Apply today! Click here to create an account and submit your application.

 

Mission

The Entrepreneurial Challenge is a competition held by Sikorsky Innovations to highlight and support revolutionary ventures in aerospace and beyond. Sikorsky is looking for agile small businesses and entrepreneurs to complement the qualities of an established industry leader and creatively address the toughest problems in vertical flight. Teams incubating new ideas as well as small businesses looking to expand through a relationship with Sikorsky are encouraged to apply.

 

Prizes

Winners of the Entrepreneurial Challenge will have the opportunity to:

  • Collaborate with Sikorsky to validate their product and explore partnership opportunities.
  • Leverage Sikorsky's industry knowledge and relationships to potentially grow their client base.
  • Be incubated in the Stamford Innovation Center with free workspace and use of their shared business services for up to one year. (Optional)
  • Access mentoring programs, education workshops, and events across Connecticut's entrepreneurial network, CTNEXT, for one year.
  • Receive an investment evaluation from the Sikorsky Entrepreneurial Panel during incubation.

 

Past Awardees

  www.pankl.com www.smartrotorsystems.ca www.evo-lux.com www.rescale.com www.evo-lux.com EvoLux Video

 

Challenge Questions

  1. How can your offering utilize vertical flight to better serve or create new markets?
  2. How can your offering enhance transportation and mass transit using mobile devices and apps?
  3. How can your offering detect or learn to detect patterns in big, complex, unstructured data sets?
  4. How can your offering stop a speeding projectile or prevent an object from being seen, heard or identified?
  5. How can your offering allow a complex machine to know more about its own health and capabilities?

 

Schedule

The current schedule for the 4th Entrepreneurial Challenge is as follows:

July 2013 Challenge Questions Released
November 1 2013 (5PM EDT) Application Period Ends
Mid November 2013 Final Round Contestants Notified
Early to Mid-December 2013 Final Round Competition at Sikorsky
January 2014 Winner Notified
February 2014 Winner Begins Leveraging Sikorsky Innovations' Network

 

Eligibility

The Entrepreneurial Challenge is open to any company, U.S. based or international, including newly formed and pre-revenue entities, which meet the requirements defined in the Application Kit.

Those requirements include:

  • The applicant team must have between 1 and 100 full time employees.
  • The company is a recognized legal entity (or in the process of registering as one).

The full list of rules, terms and conditions for the Entrepreneurial Challenge can be found here

If you do not meet the application requirements, but are a small business (under 500 employees) and have a compelling opportunity for collaboration with Sikorsky, please contact us at EChallenge@sikorsky.com.

 

Application Submission

Click here to create an account and submit your application to the Entrepreneurial Challenge in the form of a 5 page business summary.
Sample Application
FAQ

 

In the News


 

Sikorsky Innovations Launches a Transformed Entrepreneurial Challenge to Embrace Entrepreneurial Agility

 Click here for more

 

Sikorsky Innovations Announces Awardees of Second Entrepreneurial Challenge Competition

 Click here for more

 

Winner of Sikorsky Innovations' First Entrepreneurial Challenge

 Click here for more
05.03.13 Sikorsky Honors EvoLux for Innovative Helicopter Booking Software (AINonline)Sikorsky Innovations has selected EvoLux Transportation the winner of its second "Entrepreneurial Challenge Competition" for its in-development helicopter reservation system, targeted at... more
03.04.13 Industry Using Prize Challenges To Stimulate Innovation (Aviation Week) As budgets are cut and margins squeezed, and business becomes more competitive, industry is turning to challenges to seek diverse views on difficult problems. ... more
07.09.12 Pankl wins first Sikorsky Entrepreneurial Challenge (Boston Business Journal) A new spinoff of Pankl Aerospace based in Cerritos, Calif. that has developed an aircraft technology demonstrator incorporating... more
06.18.12 H.E.R.O Wins Entrepreneurship Competition (Aero News Network) A portfolio of potentially transformational technologies packaged into an aircraft technology demonstrator named H.E.R.O. has won the first... more
02.21.12 Generating High-Tech Ideas Ensconced in Historic Stamford (New York Times) STAMFORD, Conn. — TThe old Town Hall here, a Beaux-Arts building on the National Registry of Historic Places, has sat unused for 25 years... more
02.13.12 Incubate to Innovate (Aviation Week) One company taking on the issue of how to stay innovative across a broad front is helicopter manufacturer Sikorsky Aircraft. ... more
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