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Cisco Systems Announces I-Prize Competition

From the Wall Street Journal: Networking giant Cisco Systems announced a repeat of last year's successful I-Prize competition. Winners take home $250,000 and years of Cisco's support - in-house development, funding and staff - as Cisco hopes to turn the idea into a concrete business initiative.

Last year's winning idea, chosen from more than 2,500 submissions, was aimed at improving energy efficiency in the home. This year, Cisco has identified video, clean tech, education and health care as priorities. Business plans are due over the winter, with a selection named by spring 2010.


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