Bell Labs Offers Cash Incentive to Innovators
PARIS -- Bell Labs, the research arm of Alcatel-Lucent (Euronext Paris and NYSE: ALU), today announced expansion of its university collaboration program with a new award for the institution that gives rise to the winning application for the new Bell Labs Prize.
Bell Labs will offer a U.S. $100,000 donation to the accredited university or institution of higher learning in which the overall winner of the Bell Labs Prize is enrolled at the time of their application. The donation will be directed to a selected professor of the university or institution whose areas of research and study are foundational to the subject matter of the winning application.
In May, Bell Labs introduced the Bell Labs Prize, a competition that will give any researcher, in participating countries around the globe, the opportunity to collaborate with world-renowned Bell Labs researchers. The Bell Labs Prize winners will take home cash awards worth as much as $100,000, and the chance to further develop their ideas at Bell Labs. The call for entries closes on July 15, 2014. The program will be judged by a global panel of industry luminaries, university professors and major corporations.