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EChallenge

The
Entrepreneurial
Challenge

Presented by Sikorsky Innovations


Spark What’s Next™

Sikorsky Innovations is continuing its search for game changing ideas in the 5th 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 technology leaders and a world leader in vertical flight solutions. Selected awardees 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 ideas, ventures and innovators with applications to aerospace and beyond. Sikorsky is looking for agile technology leaders across all industry domains that embody the entrepreneurial spirit, passion, and management style to complement the qualities of an established industry leader and creatively address the toughest problems in vertical flight. Individuals or teams incubating new ideas around the globe, whether working in a garage or in a Fortune 500 company 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

  http://www.visionengineered.com http://www.plasmonics-inc.com http://www.nanosonic.com www.smartrotorsystems.ca http://www.micoy.com www.pankl.com www.smartrotorsystems.ca www.evo-lux.com www.rescale.com www.evo-lux.com EvoLux Video

 

Challenge Questions

How can your offering:
  1. Utilize vertical flight to better serve or create new markets?
  2. Revolutionize aircraft parts and system tracking?
  3. Utilize wearable computing or mobile devices to improve the travel experience?
  4. Augment or improve repairs and maintenance?

 

Schedule

The current schedule for the 5th Entrepreneurial Challenge is as follows:

May 14, 2014 Challenge Questions Released
October 3, 2014 (5PM EDT) Application Period Ends
End October 2014 Final Round Contestants Notified
Mid-November 2014 Final Round Competition at Sikorsky
January 2015 Winner Notified

 

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.

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

 

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

 

Frequently Asked Questions

Click here for frequently asked questions.

 

In the News


 

Sikorsky Innovations’ Entrepreneurial Challenge Continues to Evolve as Latest Winners are Named

 Click here for more

 

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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