Valeo set to launch its second innovation challenge

Launched by Valeo in September 2013, the Valeo Innovation Challenge is a global contest open to engineering students around the world, invited to play an active role in automotive innovation by designing the product or system that will create smarter, more intuitive cars by 2030.

Nearly 1,000 teams from 55 countries signed up for the first edition. Only 20 have been shortlisted.

At the 2014 Paris Motorshow, Valeo will reveal the names of the winners. But also, the OEM supplier will announce the terms and conditions of this year’s contest.

Comprising teams of two to five people, engineering students can take part by presenting a relevant, innovative project in English on the contest’s website, https://valeoinnovationchallenge.valeo.com/
The aim is to stimulate the students’ creativity, enabling them to form multidisciplinary teams. In this way, engineering students can join forces with students in the social sciences or any other scientific discipline that they think could be useful for their innovation project.

The teams will then be asked to create a model in the format of their choice (physical mock-up, application or other). Each team will be given €5,000 to put their idea into practice and build a functioning demonstrator. The finalists will present their projects to the Challenge jury of Valeo experts and outside partners, chaired by Valeo CEO Jacques Aschenbroich, at the 2015 Frankfurt Auto Show.

The winning team will take home a €100,000 prize.