Hewlett Packard, one of the largest companies in the information technology world, has partnered with Ideame, the largest crowdfunding platform in Latin America, to launch the HP Entrepreneur competition and to support the most interesting entrepreneurship ideas being thought up in Mexico .The competition is open until 30 June.

To be thorough as possible and discover high-level candidates, HP relied on the collaboration of Opinno and its Competitions team, experts in the organization of programs aimed at entrepreneurs, which through its extensive global network of innovation, have reached major universities, technology centers, networks of entrepreneurs, incubators and institutions from entrepreneurial ecosystem in Mexico.

Working

In Mexico there are bright young people with excellent projects, yet they don’t  have sufficient funds to carry them out and don’t manage to reach an interested audience. HP, with this competition, wants to offer a solution to this problem and work in both directions: fund the best projects and promote them worldwide. Participants should describe their project or idea on the Ideame platform, much like the famous Kickstarter. Besides obtaining funding for the project from the Ideame community, all ideas will be judged by a jury of experts from HP, which will select the 20 most interesting projects.

These 20 finalists will be invited to the presentation of projects at HP headquarters in Mexico, where the 5 ideas with the greatest potential will be chosen. The winners will be those who receive funding to implement the project, ranging from 5,000 mexican pesos for fifth place, up to 200,000 pesos for the best proposal. Among other conditions, which can be seen on the web, to be among the elected one must show a well prepared business model and applicable anywhere in the world. That is, the most important requirement is to present a global project.