Frequently Asked Questions ( FAQ)
PIC 2024
Q. What is the President’s Innovation Challenge?
A. PIC is a yearly competition held by iPark to select the best and most promising innovative ideas.
Q. What types of technologies are expected to be used?
A. Fintech, HealthTech, Social Innovation, Sustainability, Artificial Intelligence.
Q. What if I don’t know how to code to execute a tech idea?
A. It preferable to have an IT team member. We will do our best to match you with someone in case you don’t.
Q. What if I don’t have a teammate?
A. It is mandatory to have a multidisciplinary team (at least 2). You can use iPark’s Skills Match Hub to find a qualified team member.
Q. What are the requirements to apply?
A. A capable team of at least 2 members with at least one AUBite team member (Students, Alumni, Faculty, Staff), Clear Value Proposition, Business Model, Innovation Potential, Growth Potential, Prototype is a plus.
Q. What perks will winners receive?
A. Incubation at iPark Program, Access to iPark investment and mentorship network, Access to Ernst and Young consulting clinics