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PennVention 2010 registration is now open! Click here to register.

PennVention is the annual student inventors competition at the University of Pennsylvania. Students learn how to turn their "good ideas" into commercial products or services.



Judging Criteria

Each PennVention judge is provided a sheet containing the following judging guidelines. Judges will evaluate submissions using a holistic judging process.

Invention
  • The team has clearly articulated the purpose of the invention and outlines any alternative approaches.
  • The team has proven that the invention is the best of the alternatives.
  • The team has clearly described the invention with appropriate sketches, models, design drawings, or other visuals.
  • The team has developed a unique and innovative concept.

Market Analysis
  • There is a sizable market for this invention, and the team has identified appropriate customer types and market segments.
  • The team has demonstrated that the invention’s benefits outweigh the cost of a change in customer behavior.
  • The team has identified all prospective competitors and differentiated its products.
  • The team has described and addressed the expected challenges in entering the market.

Implementation and Commercialization
  • The team has identified and addressed the risk factors in developing, producing, and/or delivering the inventions.
  • The team has considered the basic economics of the invention (price vs. cost.)
  • The team has validated the functionality of the invention.

Intellectual Property
  • The team has demonstrated how a patent could effectively exclude competitors from meeting the articulated need.
  • The team has identified regulatory and legal hurdles.

Social Responsibility
  • The team has demonstrated the potential value of the invention to society (socially, environmentally, and/or economically).

Team Qualifications
  • The team has the vision and commitment to build a successful prototype.
  • The team has consulted appropriate advisors to assist in the process.

* Note: All submissions to the PennVention Competition undergo an intellectual property review. For more information about this process, see our rules and regulations.

 

 

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