My preso on the 2014 Verizon Powerful Answers Award program -- 1 million dollars to startups in healthcare, sustainability, transportation and education

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Verizon Powerful Answers Award
2014
1 million dollars to startups in education, healthcare,
sustainability and transportation
Jeff Medaugh
Verizon Product Marketing

2. Confidentialand proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosureor distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 2
Powerful Answers Award 2014
Healthcare Education
TransportationSustainability
The world’s biggest problems deserve even bigger solutions. That’s why we’re awarding
millions of dollars in prizes for ideas so big they have the power to change everything.
www.powerfulanswersaward.com
AWARD
Innovative Solutions Wanted:
Accepting applications starting April 3, 2014.
Submission deadline June 30, 2014.

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• Design goal: find and fund startups with game-changing
technologies applied to hard problems
• 4 categories, prizes are awarded to top startup in each
category
• Education
• Healthcare
• Sustainability
• Transportation
Powerful Answers Award

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• Anytime, Anywhere Learning
– How can you make education fun and relevant to a student anytime and anywhere with
solutions that enable mobility for educational tools?
• Student & Teacher Analytics
– How can students and teachers learn and benefit from the smart collection and analysis
of such data while enabling advanced educational performance metrics?
• Collaboration & Gamification
– With mobile and social solutions, how can you enable educational collaboration and find
ways to gamify learning that augment educational interactions?
Education: Key categories

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• Personalized Medicine
– Smart analytics and recommendations for medicine and/or actions in either professional
or self-service models.
• Communications & Care Coordination
– Bring the power to the patient by enabling them with their own data and the ability to
communicate in real-time, and in a secure and intuitive way with healthcare professionals
and doctors for immediate diagnosis and treatment.
• Active Living / Wellness
– What solutions can help enable and encourage active lifestyles and, find smarter ways to
capture and interpret your activity data, leading to more targeted relevant changes to
better your health and wellness?
Healthcare: Key categories

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• Green Energy
– With today’s advanced technology, how can renewable energy be harnessed for
maximum usage with minimum waste? And how can we preserve or reduce consumption
of natural resources?
• Energy Efficiency
– How can we create smart ways to reduce energy consumption by finding efficiencies with
technology, communications, data and other analytical solutions?
• Smarter Living
– How can we create more efficient homes, enabling smart food production, distribution of
clean water, cleaner methods for urban areas. What solutions enable data capture that
can be interpreted into useful and efficient actions applicable to an individual’s daily life?
Sustainability: Key categories

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• Smarter Driving
– Can your Dashboard be smarter than your phone? How can you/your vehicle operate and
communicate with the world around it to create safer, smarter solutions for transportation?
• Urban Solutions
– With an increasing global population, Urban Sprawl is creating traffic problems never
before seen. How can technology and communications reduce traffic, waste and other
hazardous conditions in Urban areas thus transforming them into cleaner more efficient
habitats?
• Logistics
– How can digital and mobile technologies better connect the physical world and help
transport people/goods from point to point in the most efficient way possible?
Transportation: Key Categories

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• Winner: $1,000,000
1 winner per category
• Runner-Up: $250,000
2 runners up per category
• Free access to technology and infrastructure (mobile SDKs, cloud services,
business plan advice, venture capital networking)
• You must “declare” a category and sub-category when entering.
Details

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Submit your
idea
April 3 to
June 30
Semi-finals
July 15 to
Aug 15
Finals
Oct 20 to
Oct 31
Timeline
Winners receive coaching, resources in addition to money
Winners receive awards at CES in Las Vegas
In January 2015

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• Pay close attention to the sub-categories. Transportation is a new category
• Think globally, your solution should be useful in more than one country or region
• Best if your solution leverages some Verizon technology – cloud services, mobile
networks, internet of things, big data/analytics
• Study the 2013 winners (on website) for good ideas
Hints for Success

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http://www.verizon.com/powerfulanswers/award/
jeffrey.medaugh@verizon.com
@jeff_medaugh