Friday, November 30, 2007

Cisco I-Prize, Social Networking At One Of It's Best Forms.

I was at a Cisco Blog and I noticed the information about Cisco I-Prize. Cisco I-Prize is created by Cisco knowing that our global community is an amazing resource of creativity and innovation, socially networked brain, sort of. So Cisco going out side of it's corporate walls and accessing this Human Network to identify its next major business opportunity. So bring your brain and join with other excellent ones to win the I-Prize. But before you submit your idea, taking into consideration what problems it addresses, how it's new and different, and who comprises your target market. It must also appeal to the others that are joining the groups.
There are three phases to the program,
Phase I: Brainstorm = October 31, 2007 to January 15, 2008 Innovators register and submit ideas and summary proposals. Other registered participants comment and vote on submissions. Find like-minded innovators and form your dream idea team.
Phase II: Refine = February 1 to 29, 2008 Semifinalist teams collaborate to build their business and technology plan. Define the market opportunity, technology and unique insights that will make this a business.
Phase III: Present = March 15 to April 30, 2008 Finalist teams present their business plans to the final judging panel of industry luminaries and Cisco senior executives using Cisco TelePresence to communicate your ideas, your passion, and your drive.

As teams advance through the phases, the Cisco I-Prize program will ask for more specific information and provide templates for structuring your pitches and business plans.

Cisco will select up to 100 semifinalist teams that will work with Cisco experts using state-of-the-art collaboration tools to build a business plan and presentation. Next, up to 10 finalist teams will present to a judging panel for the ultimate prize: the opportunity to start a new business unit with access to the resources that Cisco has to offer.
Go Get your I-Prize.
Cisco Blog post.

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