As you know, new products are very often the result of trying to overcome some challenge or create something that makes life easier or more enjoyable. It’s the same case here.
The Future of Manufacturing Scholarship challenges students seeking to pursue an engineering degree to address a challenge they see (or something they believe makes life easier) and design a new product to overcome that challenge. There are no limitations on what a product can be; i.e., we’re not limiting this to medical devices, new screw technology, childrens’ toys or a better mousetrap. The applicants have to make a written submission describing the problem or challenge and then propose a product as a response to the challenge just as they would in the real world. This includes drawings, marketing plans, etc. This should give us a fairly wide array of ideas and submissions from which the IMA Education Board of Directors will choose five finalists.
Those finalists will then have the opportunity to prototype their product this summer utilizing the facilities of mHub in Chicago. Once prototyped, the ED Foundation will choose the top three products and award scholarships to the winner of the best overall proposal, design and prototype, a first runner up and a second runner up. The winner receives a $10,000 scholarship, first runner up, $5,000 and second runner up, $2,500. Winners will be announced at the 125th Annual Luncheon of the IMA on December 7 in Chicago.