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?

        •  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

          What perks will winners receive?

          • Incubation at iPark Program
          • Access to iPark investment and mentorship network
          • Access to Ernst and Young consulting clinics