The Idea Center at MDC launches $50K Innovation Prize competition

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The Idea Center at Miami Dade College announces a $50K Innovation Prize from the Veronica and Gaston Taratuta Foundation. It is an exciting entrepreneurship competition open to all MDC students and recent alumni, within last three years, who have innovative business solutions.

The winners will share in the $50,000 in prize money with a potential for up to $250,000 in follow-on investment. In addition to the funds, the Idea Center will support entrepreneurs to develop their ideas through educational workshops and mentorship.

The Idea Center is looking for entrepreneurs and innovators who can bring fresh ideas forward to solve critical problems affecting lives in our community. Their business should have a direct positive impact on the community while demonstrating the potential for business growth and sustainability. Some areas of focus can include tackling climate change, income inequality and poverty, public transportation, housing or healthcare. There are no restrictions to the type of problem being addressed, however, applicants should demonstrate their business solutions to be repeatable and scalable.