Product Licensing: Extreme Award Potential with this Year’s Extreme Redesign

This year’s Extreme Redesign 3D printing Challenge applies the “extreme” label in a new way. It’s not just the redesigns but the potential winnings that are extreme.

Upping the ante for finalists in the College Engineering category, Stratasys is partnering with Edison Nation: matchmaker between inventors and manufacturers who aim  to commercialize fresh ideas. Edison Nation also operates the TV series, Everyday Edisons, which seeks new product ideas. If a student submits a good design and it happens to fit a manufacturer’s search criteria, the entrant could have a shot at a lucrative licensing contract.

In its ninth year, the contest takes submissions on inventive new product designs, redesigns of existing products, or original or redesigned works of art or architecture.

Besides a chance at turning their idea into a commercial product, Students will compete for scholarship money in the annual contest. Nine student winners will receive awards: $2,500 for first place and $1,000 for second and third in the categories of Middle School and High School Engineering, College Engineering, and Art & Architecture. Designs are awarded based on creativity, usefulness, part integrity and aesthetics.

For video, photos, and descriptions of previous winning designs, visit Extreme Redesign 3D Printing Challenge. For contest rules and regulations, visit ER Rules & Regulations.

To get in on the potential licensing action, I think I'll enroll in Industrial Arts 101.

Link to news release: Edison Nation and Stratasys Partner for Ninth Annual Extreme Redesign 3D Printing Challenge