Friday, July 31, 2009

Qualcomm Extends QPrize Deadline

San Diego-based Qualcomm reports today that it is extending the deadline for the firm's wireless business plan competition, its Qualcomm Ventures QPrize Business Plan Competition, to August 21st. The firm said it is extending the deadline for the prize to allow additional entrepreneurs to enter the prize, which will provide $550,000 in seed funding to entrepreneurs developing wireless technology in North America, Europe, China, and India. The deadline for the business plan competition was originally today, July 31st. Qualcom also said it will now award its grand prize winner a trip to the Mobile World Congress in Barcelona. Qualcomm is awarding $100,000 in funding from Qualcomm Ventures to companies in each of its major markets, with another $150,000 in convertible note funding to the grand prize winner.

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