After receiving numerous requests from pre-registered participants to extend the registration deadline, Valeo is extending it by 15 days. Students worldwide can submit their application in one of two categories: 'technological innovation' or 'idea for new ways of using cars'.

The winning team from each category will take home a grand prize of €100,000 and the second-place team in each category will receive €10,000.

To participate, students need to form a team of two to five people, write up the first draft of their project and register on the contest's dedicated website by January 31, 2016, noon, Paris time, at the latest.
Students worldwide can learn more and register for the contest via three applications:
- A dedicated website provides contest-related information and allows students to register: https://valeoinnovationchallenge.valeo.com/
- A Facebook page keeps you updated on the latest Valeo and contest news: https://www.facebook.com/Valeo.Group
- A Twitter page keeps you posted on related information: https://twitter.com/Valeo_Group

Timetable
September 29, 2015 - January 31, 2016 Teams formed and projects submitted
March 18, 2016 24 semi-finalist teams announced
March 18, 2016 - July 23, 2016 Teams each given €5,000 to develop their project
September 23, 2016 Eight finalist teams announced
October 2016 Projects presented to the panel and winners announced

With the Valeo Innovation Challenge, Valeo is demonstrating once again that innovation and R&D are the Group's top priorities. Day in, day out, its teams are guided by a constant commitment to innovation as they work to invent the car of tomorrow.

Valeo invests 10% of its original equipment sales on R&D. Most of Valeo's research and development programs are focused on the design of technologies that reduce motor vehicle carbon emissions and promote intuitive driving. Ranking among the leading patent filers in France, Valeo has close to 11,000 researchers in 50 research and development centers around the world. Valeo has developed a wide array of innovative products and technologies that represented 35% of its order intake in 2014.

Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO2 emissions and to the development of intuitive driving. In 2014, the Group generated sales of €12.7 billion and invested over 10% of its original equipment sales in research and development. Valeo has 135 plants, 16 research centers, 35 development centers and 15 distribution platforms, and employs 82,700 people in 30 countries worldwide.
Valeo is listed on the Paris stock exchange and is a member of the CAC 40 index.
For more information about the Valeo Group and its activities, please visit our website, www.valeo.com

Valeo SA issued this content on 2015-12-16 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-16 15:29:32 UTC

Original Document: http://www.valeo.com/en/journalists/news/2016-valeo-innovation-challenge-an-extra-15-days-to-participate-registration-ends-january-31-10689.html