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Chip Shot: ‘Intel Innovators’ Calling All Young American Entrepreneurs

Starting today Facebook users can weigh in on the top ideas submitted by young entrepreneurs through a new social platform called “Intel Innovators.” Submissions of business ideas and startup plans by adults 18-24 years old continue to span such diverse fields and topics as business-to-business solutions, medical research innovations and revolutionary social networking site proposals. The objective is to grow a fanbase, receive real-time feedback and have a chance to win startup capital from Intel. For the next 3 months, cash prizes will be awarded to participants with the best tech-based ideas according to an expert panel of judges. Together, the judges will award one $50,000 prize; the Intel Innovators Facebook fan that accumulates the most “social capital” will award another $50,000 to one of the five finalists. Selected finalists also will receive an Intel®-inspired Ultrabook™, the Asus Zenbook UX31E, and an invitation to NCIIA’s VentureLab, a hands-on mentorship program. This program will officially be announced at noon PST today during a live webcast hosted by Deborah Conrad, chief marketing officer at Intel.