International
Invention
Day

Submissions open on May 16, 2024, at 12:00 am ET and close on June 28, 2024, at 5:00 pm ET.

The contest is open to companies incorporated in any state of the US, including DC, that legally operate without restrictions or prohibitions and maintain all licenses and permits required by applicable laws and regulations.  
 
Companies must be in operation for no more than ten (10) years and operate within the following industries/sectors:  

• Agriculture  

• Ecommerce  

• Education  

• Financial and professional services

• Food and drink 

• Gaming  

• Health services 

• Manufacturing 

• Marketing and AdTech 

• Real Estate 

• Telecommunications  

Not eligible to participate in the contest: 

• Current and former clients of Vention; 

• Companies that are owned or controlled, directly or indirectly, by employees, contractors, officers, and directors of Vention, or by members of their immediate families, or by persons living in the same household as them;  

• Companies subject to any economic, trade, or financial sanctions, or with whom Vention is prohibited from doing business.

Learn more in the Official Rules. 

Participants can only apply once. Additional submissions from the same participant will be disqualified.

Only one (1) winner will be selected for the 2024 In:Vention Incubator. This approach guarantees that our support results in significant and tangible advancements for the winner. 

The winner will be selected from among all eligible entries received based on the following criteria: Readiness (20%), Innovation (20%), Market potential (20%), Feasibility and scalability (20%), and Quality and clarity of the presentation (20%). 

Vention will select the team of judges who will evaluate the entries and select the winner. Each judge will independently evaluate each eligible entry, rating each one based on the above criteria. The top entries are then included on the shortlist and further evaluated. In the event of a tie between any eligible entries, an additional judge will break the tie based on the listed criteria. The decisions of the judges will be final and binding.   

Learn more in the Official Rules. 

The winner will be notified via the contact information provided in the entry form by July 15, 2024. Please keep an eye on your email, as well as our social channels and our official landing page for updates.

Once the 2024 In:Vention Incubator winner is selected, we’ll be your partner every step of the way. Find the full outline of post-competition activities in the Official Rules, under “Winner Notification. Dates and Deadlines.”

The prize is custom software development services performed by Vention and/or its affiliates. The duration of the services is three months. Vention will select and assign a team of up to three software engineers to perform the services. The exact scope and objectives of the services will be mutually defined by the winner and Vention based on the details of the winner’s entry.  

The approximate market value of the prize is $150K USD. The prize is not exchangeable, transferable, substitutable, or redeemable for cash. Any difference between the stated market value and the actual value of the prize will not be awarded.  

Only one prize will be awarded in the 2024 In:Vention Incubator. 

Learn more in the Official Rules.

Services will begin on a date mutually agreed by Vention and the winner after all the post-competition activities referred to in question “What is the post-competition process?” above have been completed, but no earlier than August 1, 2024.

Learn more in the Official Rules.

You can reach out to our team at PR@ventionteams.com.  

Learn more in the Official Rules.