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International
Invention
Day

Enter the contest now

invention day
invention day
invention day

Let's celebrate the world’s greatest innovations!

International Invention Day, celebrated on May 16, is a global holiday that honors human creativity and ingenuity and showcases groundbreaking innovations that shape our world. From life-changing technologies to revolutionary concepts, this global observance honors inventors and their contributions to progress and problem-solving across diverse fields.

The best part? The celebrations and a special incubator run until June 28th, unleashing six weeks of innovation, inspiration, and imagination.

International Invention Day is all about:
Posting about your greatest invention on socials
Submitting your company to the 2024 In:Vention Incubator to win Vention’s custom software development services

What’s your greatest invention? Why are you driven to innovate and develop next-gen solutions? Share your story and recognize your impact.

Use #InventionDay and tag @ventionteams for a chance to be featured!

📎Download Invention Day assets
post
@Vention
Insights from today’s brightest minds

Get inspired by the fantastic innovations driving our world’s tomorrow.

Blockchain Integration in AI
#Fintech#AI#Blockchain
Generative AI and blockchainBlockchain built its name on crypto, but with the rise of generative AI, blockchain’s newest challenge is to distinguish robots from humans.Sep 19, 2023
travel-tech-main
#Traveltech
The future of travel techWhat the future will hold? In this article, Pitchup.com CEO Dan Yates shares how the pandemic affected his company's technology choices — and his observations on how the travel industry has transformed.Jan 6, 2022
Machine learning
#Fintech#AI
Machine learning in fintech and why it mattersWith AI stealing the show, it can be easy to forget how fundamental machine learning is to modern fintech operations. So don’t.Dec 7, 2023
Cloud_Computing_Carbon_Footprint_00_hero.original
#Development#Cloud
Cloud computing can reduce carbon footprintGoogle, Microsoft, and AWS all offer cloud services that can make a company more “green” — and spawn “big picture” thinking about how to lay the groundwork for energy efficiency.Apr 28, 2023
The Future of AI in software development
#Development#AI
The Future of Software Developers: AI and Prompt EngineeringAI won’t replace engineers anytime soon, but it can become that elusive 10x productivity multiplier the industry has been talking about for years.Jul 13, 2023
femtech startups
#Healthtech
How femtech startups transform women's healthcareInnovative yet affordable solutions from groundbreaking companies help women navigate puberty to old age.Nov 16, 2023

The 2024 In:Vention Incubator is open for applications!

To the US businesses striving to bring their product to fruition, we want to help! The 2024 In:Vention Incubator welcomes US businesses across selected industries to apply for a contest to win Vention’s custom software development services market valued at approximately $150K USD. Entries close on Friday, June 28, 2024, at 5:00 PM ET.

 

Service offering: The 2024 In:Vention Incubator is a three-month program offering the selected winner access to Vention’s custom software development services. 

Service value: The incubator offers custom software development services market valued at approximately $150K USD.

Criteria for participation: Those who are interested in participating in the 2024 In:Vention Incubator must be companies incorporated in the US, have been in business for no more than 10 years, and operate within the selected industries/sectors in compliance with all applicable laws without any restrictions or prohibitions and with all necessary licenses and permits.

Fill out the form to apply

The 2024 In:Vention Incubator Official Contest Rules

IN:VENTION INCUBATOR FAQ

How do I apply?

Fill out the entry form with as much detail as possible for your submitted project. You are expected to complete all required fields and confirm your acceptance of the contest’s Official Rules and our Privacy Policy

When do submissions open and close?

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

Who is eligible to enter the 2024 In:Vention Incubator?

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

Can I apply more than once?

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

How many winners will be selected?

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. 

How will the winner be selected?

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

When will participants be notified of ‘winner’ status?

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.

What is the post-competition process?

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.”

What is the prize for the contest?

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.

When can I start services upon winning?

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.

I have more questions. Who do I contact?

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

Learn more in the Official Rules.

invention day

Need more info?

If you have any questions, drop us a line at PR@ventionteams.com.