The University of Nevada, Las Vegas is looking for entrepreneurs and inventors for solutions to help the hospitality, entertainment and travel industries recover from the coronavirus pandemic.
The contest, founded by Greg and Ernest Lee of the Ted and Doris Lee Family Foundation in partnership with UNLV’s Lee Business School, includes the promise that the most effective ideas will get to market with investment awards totaling $1 million.
The competition reportedly has received applications from entrepreneurs and innovators from 32 states and nine countries. Currently, more than 250 hopefuls are in the running.
“We are pleased with the response to the call for ideas,” Leith Martin, executive director of UNLV’s Troesh Center for Entrepreneurship and Innovation, said. “Spearheading the development of solutions is what universities do through research and education, so it only makes sense that we are part of this initiative that will help our city and the hospitality, entertainment, and travel industries recover.”
The Lee School Prize Committee, which includes industry experts and the deans from UNLV’s business, sciences, engineering and hospitality schools, is reviewing submissions and will recommend ideas for funding.
Winners will be announced in September.
