Do you want to encourage innovation? Try offering a prize.

In the midst of March Madness, another sort of contest was taking place on the San Diego State University campus as five technically focused

Irwin Zahn

teams battled in the first Zahn Incubator Prize competition.

The prize is named after entrepreneur Irwin Zahn, who sold his company — Autosplice — last August.

“In my company, I solved problems by setting up design challenges — competitions which used internal teams that then created solutions — and were rewarded,” said Zahn, who contributed $700,000 to launch the Zahn Prize and the Zahn Center, an on-campus incubator that provides mentoring, prototype assistance and coaching to faculty and students who are developing technical products or services.

Rest the rest at UT San Diego.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>