Florida’s inventors now have the opportunity to earn a little more cash to fund their creations.
The Cade Museum Foundation of Gainesville is sponsoring its first competition to recognize Florida innovators with a cash prize of $50,000 for the most innovative project.
The deadline for entries is March 31.
The foundation is part of The Cade Museum for Innovation and Invention, which is scheduled to open in 2013 in downtown Gainesville. It is named for Dr. James Robert Cade, the lead inventor of Gatorade.
“It’s a continuation of the legacy of Cade and fostering the creative spirit in Gainesville,” said program director Monika Oli.
The Cade Prize for Innovation will also consist of one year of free office space at the Gainesville Chamber of Commerce and access to the Gainesville Technology Enterprise Center.
“We’ve had a decent number of submissions, but I expect many to come in the last 48 hours,” Oli said.
The 500-word project summaries should show the idea is innovative, creative, interdisciplinary and have problem-solving characteristics and commercialization potential.
Three finalists will be picked by May 31 by a local panel of judges, and the winner will be announced after a final pitch on June 12 in front of a panel of nationally renowned judges.
Abstracts can be submitted at the Cade Museum Web site at cademuseum.org/prize.aspx.
