English: Logo of Best Buy, US-based retail chain

Best Buy Co., Inc. is a leading multi-channel global retailer and developer of technology products and services. Recently they announced the launch of its College Innovator Fund – a national search to find, mentor and advance the next big ideas in the areas of technology, sustainability, education or a related field.

Best Buy is looking for inventors that have created a product, service or piece of software that may change the way we interact with the world around us. Now through August 14, 2012, participants can submit a two-minute video describing their innovation for a chance to win one of four cash prizes totaling $100,000 to bring their idea to life.

On August 17, Best Buy will announce the top 10 College Innovator Fund finalists that will move on to consumer voting for a chance to win the Fan Favorite spot.

The four winners will be revealed nationally the week of September 17: One grand prize – $50,000*** cash prize plus mentorship opportunity with Best Buy Brands
Two runners-up – $20,000 cash prize each
Fan favorite – $10,000 cash prize

Invention contests are a great way to get your idea noticed. If you or anyone you know needs help with their invention idea, please contact us at New Product Consulting.