Frequently Asked Questions ( FAQ)
PIC 2023
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 in the following verticals: HealthTech, AI, Web3, Social Innovation.
Q. What types of technologies are expected to be used?
A. AI, Machine Learning, Blockchain, IoT .
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