Audio/Video, Business, Cloud Computing, Enterprise, Graphics, Hardware, Mobile Computing, VR World

Nvidia Launches $100,000 GPU Startup Prize

Nvidia GPU Logo Nvidia GPU Logo

As a part of Nvidia’s (NASDAQ:NVDA) GPU Technology Conference (GTC) the company holds a parallel track of presentations and events called the emerging companies summit (ECS). The ECS for next year’s GTC 2015 is coming with an even bigger bonus with the fact that the company with the best GPU technology startup will get $100,000 on the spot at GTC 2015’s ECS.

Nvidia has always been one to promote emerging companies and to support startups in the best ways that they can. In fact, some of Nvidia’s most famous attendees of their GPU Technology conference include GAIKAI which was sold to Sony (TYO: 6758) for $380 million. Don’t forget there’s also Oculus who makes the Oculus Rift VR headset which was sold to Facebook (NASDAQ: FB) for $2 billion as well as Natural Motion who was acquired by Zynga for $527 million.

Obviously Nvidia’s GTC attracts a decent amount of successful companies that want to get involved with Nvidia and GPU technologies and there’s clearly no end in sight. This is especially true now that Nvidia’s GPU technologies have finally found their way into mobile. In fact, we spoke with Nvidia and were informed that companies utilizing either discrete or SoC GPU graphics are eligible to apply for this prize, so there’s no reason to think too narrowly of what’s possible.

Nvidia states that it is looking for seed-funded companies, which have raised no more than $1 million and use GPU technologies in areas such as computing, visualization, analytics, entertainment, automotive, cloud or mobile. But I wouldn’t necessarily limit myself to those categories if you’ve genuinely got a novel idea and think that Nvidia might find it interesting how you utilize its GPUs. If you’d like to have your company enter, just follow this application and get your application in before January 19th, 2015.