
PIC 2023 FAQ
What is the President’s Innovation Challenge?
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
What types of technologies are expected to be used?
- A.I
- Machine Learning
- Block Chain
- IoT
What if I don’t know how to code to execute a tech idea?
It is preferable to have an IT team member. We will do our best to match you with someone in case you don’t
What if I don’t have a teammate?
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. Check iPark’s website for more
What are the requirements to apply?
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A capable team of at least 2 members with at least one AUBite team member (Students, Alumni, Faculty, Staff)
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Clear Value Proposition
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Business Model
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Innovation Potential
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Growth Potential
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Prototype is a plus
What perks will winners receive?
- Incubation at iPark Program
- Access to iPark investment and mentorship network
- Access to Ernst and Young consulting clinics