Solvers will compete for an overall prize purse of $350,000.
All Solvers will compete for an invitation to Stage II. Five Stage I semi-finalists will compete for a portion of the $100,000 interim prize. Two final stage Solvers will compete for a portion of the $250,000 final prize.
USDOT will carry out this challenge prize competition under the authority of 15 U.S.C. 3719 – Prize Competitions.
The Three Stages of the Challenge:
Stage I, Ideation
Solvers develop ideations. Five Stage I semi-finalists will be invited to develop their ideations into proofs of concept and compete for a cash prize.
Stage II, Concept
Five semi-finalists develop ideations into proofs of concept and compete for part of a $100,000 prize purse. Two semi-finalists advance to Stage III.
Stage III, Tool
Two finalists develop proofs of concepts into working tools and compete for a $250,000 prize purse, with each receiving a minimum of $50,000.