Second Annual Valeo Innovation Challenge Set to Launch This Fall

This fall, Valeo will kick off its second annual global innovation contest, the Valeo Innovation Challenge. Engineering students from around the world will compete to win the €100,000 grand prize.Currently, there 20 teams still in the running: AEM, Aero Commander, Ardra, CU-ICAR Tigers, Falcons, Hawkeye, Hill Team, Master Bolt, Metamorphists, Neuro on Board, Newera, Nikola Motors, Sadec, Tarascontrol, Team Windy, ThreeVemaColleagues, Uottawa, UTS Unleased, Warning Brothers and Zeitgeist.With this challenge, Valeo is offering young engineers worldwide the opportunity to create the equipment that will make cars more intelligent and intuitive by 2030. Valeo will announce the terms and conditions of this year’s contest at the 2014 Paris Motorshow in October.Teams will consist of two to five engineering students who will participate by presenting a relevant, innovative project in English on the contest’s website, valeoinnovationchallenge.valeo.com. The aim of this contest is to stimulate the students’ creativity,enabling them to form multidisciplinary teams.Students will be able to join forces with students in the social sciences or any other scientific discipline they think will be useful for their innovation project.The 20 shortlisted 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 and the winning team will take home a €100,000 prize.