The Challenge Has Ended

The Status of All Challenge Entries.

After the close of the SemanticHacker Innovators’ Challenge, we began a rigorous vetting process with 17 entries.  A combination of internal teams and a group of 10 external, independent judges were organized to review and score the entries. Through this process, we have eliminated a group of entries from consideration. 

A small remaining group of entries were deemed to require “further review.” In light of this, we have found it necessary to extend the deadline to reach a decision.  We anticipate that this final process will be completed no later than the first Friday in October. During that time we will contact the remaining entrants for more details on the submission to determine if any of the last round entries might qualify for the reward as submitted. All entrants will be contacted by the end of the day today notifying them of their submission status.

Sincerely,

The Challenge Team 

Challenge Details

Thank you for your interest in the SemanticHacker Innovators’ Challenge (SHIC).

SHIC concluded at 11:59pm EST on Wednesday, June 18, 2008.
From March 19, 2008 through June 18, 2008 we achieved the following results:

  1. Visits to SemanticHacker.com: 18,740
  2. Number of entries: 17

We will notify all Challenge participants of the outcome on or before Wednesday, September 10, 2008 per the Official Rules.


Award

The SemanticHacker Innovators' Challenge is a unique opportunity to be awarded for identifying and jumpstarting a new semantic discovery application for TextWise.

The judging panel will choose up to 3 award recipients. Each recipient is awarded:

  1. $100,000 immediate payout
  2. Development and rollout of the application and/or business plan by TextWise
  3. Become a part of the team
  4. Up to an additional $900,000 during the first year after the application is released

See the terms of the Revenue Sharing Agreement.


How to Win

What will make you a winner in the SemanticHacker Innovators' Challenge?

  1. Develop a software prototype, business plan or both that will have demonstrable commercial viability and the potential for significant financial impact on the application space to which it is applied.
  2. Focus your submission on a vertical market. Areas such as finance, health and pharmaceuticals are just a few of the industries that might be a good place to start.

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