Engineering students from around the world have two months to submit projects for the global Valeo Innovation Challenge.

The deadline for the submission has been set for February 2 next year, which participants can sign up now at the challenge’s website, said a statement.

The contest participants are to develop bold, revolutionary solutions to design equipment that, between now and 2030, will make cars more intelligent and intuitive.

More than 113 teams from 33 countries have signed up for the second Valeo Innovation Challenge, to date.

The 20 teams shortlisted by Valeo for outstanding creativity, boldness and originality will be granted €5,000 ($6,218) to create a functioning prototype.

The six teams that submit the most innovative projects will be chosen on September 1 to present their project to a jury chaired by Jacques Aschenbroich, Valeo chief executive officer, and comprising members of the group’s senior management team, as well as eminent figures from the worlds of science and design.

The jury will designate the winning team, which will receive €100,000, with the second and third-place teams each receiving €10,000. - TradeArabia News Service