It’s been a few weeks since Qualcomm Ventures kicked off the fourth edition of its international QPrize competition, an initiative that seems to be taking on a life of its own.
The contest began in 2009 as a kind of global hunt for innovation—a way to find the next generation of promising, early stage companies developing new mobile and Web technologies. It is now open to startups in seven regions—North America, Israel, Latin America, South Korea, India, Europe, and China. Each regional winner gets a $100,000 loan (which converts into an equity investment), and a chance to win another $150,000 in a final round of the Q Prize competition.
To read the original article: Qualcomm Ventures’ QPrize Contest Pulls in VCs, Especially Overseas | Xconomy
