Created by Penn President Amy Gutmann to strengthen the University of Pennsylvania’s commitment under the Penn Compact 2020 to innovation, the President’s Innovation Prize awards a graduating Penn senior, or a team of graduating seniors, $100,000 (plus a $50,000 living stipend per team member) to envision and implement an innovative, commercial venture that makes a positive difference in the world.
PCI supports the prize by providing advice, technical assistance and pitch practice to applicants and teams as they seek to refine their ideas and prepare the proposal and pitch as part of the prize application process. PCI hosts both formal and ad hoc office hours and continues to support all applicants after the prize is awarded each year.
I-Corps and the President’s Innovation Prize
The Penn Center for Innovation’s I-Corps Program has supported several undergraduate startup ideas that went on to win the President’s Innovation Prize. Participating in the Program allows teams to test their ideas with customers, practice their pitch with customers and investors, and get feedback from leaders in the Penn and Philadelphia startup community.Join the Next I-Corps Cohort
I-Corps program participants that went on to win the President’s Innovation Prize, include: