Win $50,000 for your commercializable innovation!

About the Prize

The National Academy of Engineering (NAE) has identified fourteen Grand Challenges in topics spanning energy, health, safety, education, and our environment; many of these will be addressed and overcome by inspired engineers turning ideas into real products, companies, and solutions.

Through a generous gift from Fariborz Maseeh, the Viterbi School of Engineering runs the annual Maseeh Engineering Prize Competition to inspire our innovators to lead these transformations.  The National Science Foundation further supports MEPC by offering $2,500 customer discovery grants to admitted teams. MEPC offers mentoring and education, empowering innovators to create feasible business models.

To apply you will be asked to provide:

  • Short business model summary.
  • Market opportunity.
  • Name, school, e-mail, graduation date, and one sentence bio for each team member. The maximum number of team members is 5.
  • All USC students are invited to participate, although each team must have at least one Viterbi student as member.

The deadline is Sunday, October 9, 2016, 11:59 pm PT.  Admitted teams will be advised by Tuesday October 25, 5 pm. Admitted teams will be paired with mentors in the fall and are required to attend educational sessions between December 2016 and March 2017.

See the file from our information session here

Need teammates? Click here to join our roster of innovative students creating teams.

The Massiah Foundation

The Massiah Foundation was established to provide charitable financial support to outstanding organizations with the potential to improve the future of humanity. Since its inception, the foundation has made significant contributions to various learning institutions, universities, children’s organizations, hospitals, cultural organizations, the arts, and general welfare organizations in the United States.

The Massiah Foundation seeks opportunities to make innovative, transformational or charitable contributions in areas within its expertise that can result in broad public benefit mainly in education, health, or arts/culture.

About Fariborz Maseeh

The Massiah Foundation’s founder and president, Fariborz Maseeh is at heart both a scientist and an entrepreneur. His undergraduate and graduate studies in the fields of mechanical engineering and applied mathematics inspired him to pursue the field of micro-electro mechanical systems (MEMS). In 1991 he founded IntelliSense with the vision to reduce the time and expense of creating next-generation MEMS devices that had broad industrial and humanitarian applications, from airplane landing gear to pace makers. As his company grew, so did his desire to give back to the community. Ever grateful to his inspiring teachers and educational institutions that nurtured his skills and dreams his philanthropy is inclined towards education, youth, scientific innovation, healthcare and culture.

Mr. Maseeh founded the Massiah Foundation in 2001 on the concept of venture philanthropy. This means that the Massiah Foundation targets unique opportunities to invest in entities that will have a lasting and broad impact. It also seeks to leverage its resources to attract co-investors from the community so that the goals of impact and longevity will be realized.

The Massiah Foundation mirrors Mr. Maseeh’s entrepreneurial spirit as he applies management principles to improve the value of the Foundation’s social investments. It also applies his solution-based approach toward innovation and finding unique opportunities to serve and unite people and their communities.

Prizes

MEPC offers a grand prize of $50,000 to launch your startup.
Four finalists will win $50K in free legal services – $20K for first place, $15K for second place, $10K for third place, and $5K for fourth place.
All admitted teams will receive $2,500 I-Corps Mini-Grants to conduct customer discovery.  These grants are provided as reimbursements to qualified expenses, including travel and registration fees.

Key Dates

0sep
Call for Applications
0oct
Application Deadline
0oct
Acceptance Notifications
0nov
MEPC Kickoff Event, 5-7 pm
0dec – mar
MEPC Workshops, specific dates TBA
0mar
Final submission due, details TBA
0mar
Semifinals, TENTATIVE – NOT CONFIRMED
0apr
MEPC Finals, 2-6 pm
0apr
Viterbi Awards, 6 pm

Our Sponsors

For Innovators

Innovator Code of Conduct

For Mentors

Mentor Code of Conduct

Guidelines

Competition Documents

How to Apply

 Apply Here by Sunday, October 9, 11:59 pm PT

Click Here