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Prize and opportunities

Cash prize

NOIC Executive Jury will have the power of discretion to allocate the cash prize to the best fitting submission or submissions.

  • $100,000 1st place
  • $50,000 2nd place
  • $25,000 3rd place

Evaluation criteria

  • Innovativeness, feasibility and scalability of the idea according to the category requirements and examples of Industrial IoT (please take a look of our IoT examples and definitions).
  • Submissions will be assessed considering the joint business potential as well.





Co-innovation and joint business opportunities


Business and technology boost by accessing Nokia's technologies, products and resources


Access to Nokia's global market


Investment opportunities