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Date: February 18, 2008

Bright Minds, Bold Ideas

If you’ve got a great idea the University of Victoria’s tech transfer office wants to hear from you.

UVic’s Innovation and Development Corporation (IDC) is launching a new entrepreneurial competition for student visionaries and researchers across Vancouver Island. The “Ideas Competition” challenges faculty, staff and students at UVic, Camosun College, North Island College, Malaspina University-College, Royal Roads University and the Queen Alexandra Centre for Children’s Health to formulate their ideas, engage with other entrepreneurs on Vancouver Island and compete for over $18,000 in cash prizes while having lots of fun.

“Our contest gives inventors and entrepreneurs a chance to generate and share innovative ideas,” says Havind Sehmi, IDC’s co-acting president. “Aside from the obvious benefit of receiving prize money, the competition will give entrepreneurs a chance to thrive and bring new energy to Vancouver Island’s business community, technology sector, and academic institutions.”

For more information or to enter, visit www.idcideas.ca. The Ideas Competition builds on two other very successful IDC contests: the IDC Challenge and the IDC Invention Competition. These two events have enabled the start-up of five companies that now employ over 15 people and have raised, collectively, close to $950,000 in financing.

IDC is the link between UVic’s faculty, staff, students, and alumni, their inventions and innovations, and the marketplace. Its mandate is to move research into the public and private sectors through partnerships, licensing of technologies, and the formation of new spin-off companies.
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Media contacts:
Jennifer Rog (Innovation and Development Corporation) at 250-472-4328 or jenrog@uvic.ca
Maria Lironi (UVic Communications) at 250-721-6139, cell 250-213-1705 or lironim@uvic.ca

UVic media releases and other resources for journalists are available on the World Wide Web at http://communications.uvic.ca/media

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