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

Evaluation criteria

• Submissions will be assessed on innovativeness, feasibility and scalability of the idea according to the themes as well as the joint business potential. Please also take a look at our solution and product catalog and links within the NOIC pages.
• The Executive Jury will also assess the suitability and the fit of the submission with respect to the Nokia Future X Network architecture. This will be the main criteria for finalists and their solutions. Finalists will have an opportunity to get familiar with the Nokia Future X Network concepts later in the NOIC process. We encourage applicants to browse through the available material at the end of the themes page.
• Additionally we will pay attention to great founding teams, who can demonstrate their deep domain expertise and prove they have the abilities to scale their business globally.