Deadline:

10 NOVEMBER , 2019.1:59 PM EST

Location:

Online.

USA (Final Event).

(Prize)

Description

WEGE PRIZE 2020

Wege Prize, organized by Kendall College of Art and Design’s Wege Center for Sustainable Design with support from the Wege Foundation, Wege Prize is an annual competition that ignites game-changing solutions for the future by inspiring college/university students around the world to collaborate across institutional, disciplinary, and cultural boundaries to redesign the way economies work. Participants contend for over $30,000 (USD) in total cash prizes, all while helping to show the world what the future of problem solving looks like.

More Details

WEGE prize 2020

For Wege Prize 2020 we will be revisiting the following wicked problem: How can we create a circular economy?

Wege Prize teams must leverage their transdisciplinary makeup to collaboratively design and propose a solution to a wicked problem of their choosing that can, in turn, help solve the wicked problem of transitioning from a linear economic model to a circular economic model. Possible solutions include, but are not limited to:

  • Products

  • Services

  • Businesses/non-profit organizations

All teams must consider the economics and viability of their solution within natural, social, and financial systems.

Over the course of nine months and four distinct phases, Wege Prize teams will grow their ideas from an informal research plan into a fully-developed solution that can be prototyped and tested in the real world. Guided by direct feedback from competition judges, teams will work to rethink and redesign the way economies work by creating regenerative solutions that have a widespread and lasting positive impact.

Opportunity Focus Areas:

  • Economics
  • Finance
  • Business

Required Languages

English.

Eligible Countries

ALL WORLD COUNTRIES.

Program Period

The Timeline 

  • 10 NOVEMBER 2019 PHASE I DEADLINE Team Application and Research Plan
  • 24 NOVEMBER 2019: Judges’ Feedback on Phase I submissions
  • 12 JANUARY 2020 : PHASE II DEADLINE Project Summary 1st Draft
  •  26 JANUARY 2020 : Judges’ Feedback on Phase II submissions
  • 8 MARCH 2020 : PHASE III DEADLINE Project Summary 2nd Draft
  • 22 MARCH 2020: Judges’ Feedback on Phase III submissions
  • 24 MAY 2020:PHASE IV DEADLINE Final Project Summary Final Presentation Materials
  • 29 MAY 2020 : Final Presentation  AWARDS EVENT

Eligibility Requirements (Criteria)

Individual Participation RequirementsTo be eligible to participate on a Wege Prize 2020 team, you must:

  • Attend a college, university, or equivalent institution of higher education anywhere in the world
  • Be a student enrolled in a full-time (or equivalent) undergraduate or graduate program for the duration of the competition*

NoteBoth undergraduate and graduate level students are eligible to compete. Teams can be composed of both undergraduate and graduate students if they so choose. 

Team Participation Requirements

To be eligible to participate in Wege Prize 2020, teams must:

  • Represent at least three (3) different academic disciplines*
  • Represent at least two (2) different institutions of higher education, such as colleges, universities, or separate colleges/schools within a larger university. (For instance, a team member from Example University’s School of Engineering and a team member from Example University’s School of Earth Sciences would be considered as representing two different institutions.)*

Note: These are the minimum requirements. Teams with the greatest disciplinary and institutional diversity will likely have a higher probability of success.

 Successful solutions Criteria :

Wege Prize judges are looking for solutions that address the shortcomings of a linear economic model on a systemic level. The most successful solutions will:

  • Think in systems by demonstrating an understanding of how parts influence one another within a whole, as well as the relationship of the whole to the parts.
  • Consider the economics and viability of the solution within natural, social, and financial systems.
  • Preserve and enhance natural capital by controlling finite resource stocks and balancing renewable resource flows.
  • Optimize resource yields by circulating products, components, and materials at their highest utility at all times in both technical and biological cycles.
  • Foster system effectiveness by designing out waste and negative externalities such as pollution, toxicity, and climate change.

Note: To win, teams must have at least one member in attendance to present at the final presentation and awards event.

Have exactly five members

Opportunity Cost

(Prize )

Winning teams will split the following awards evenly between their five members:

  • First Place: $15,000 (USD)
  • Second Place: $10,000 (USD)
  • Third Place: $5,000 (USD)

How to Apply

First Step: Please fill in the required application form here

Please make sure you do the following first:

  1. Verify that your team meets the individual and team participation requirements.
  2. Read the Wege Prize 2020 Design Brief
  3. Compose your Team Application (500-1000 words) – REQUIRED TO APPLY
  4. Compose your Research Plan (500-1000 words) – REQUIRED TO APPLY

Apply Now

More Details

Know more about this opportunity:

Official Website

Marj3 recommended links

To learn how to write CV, Essays, Personal statement,  and know about recommendation letters click here:

Marj3 recommended links

This Scholarship Published by:
Mohamed karam/ Egypt 

Reviewed by” Salma Elkhashab /Egypt
MARJ3 Intern
MARJ3 Scholarships team