E Ink announced it has joined hands with the Massachusetts Institute of Technology to promote innovative technological solutions for solving some of the most pressing global issues. As Liberty Times Net reported, this is going to be under the MIT Solve initiative where E Ink will be providing up to $100,000 a year over the next 3 years as prize money for anyone coming up with solutions to solve some of the most pressing problems faced by humanity as of now.
“E Ink’s collaboration with MIT Solve demonstrates our commitment to using e-paper technology to solve the world’s most pressing challenges,” said E Ink Chairman and CEO, Jason Lee. “We believe that by supporting innovation, we can profoundly impact global issues and drive sustainable change.”
Applications for the ‘E Ink Solve Global Challenge’ are being accepted. The winning team will be announced in August, with the project officially slated to begin operations by September this year. Anyone willing to use e-paper material or technologies to solve global issues in architecture, education, and cross-cultural understanding will be considered eligible to participate in the competition.
“It’s a meaningful moment for us to be working with E Ink again on this innovation challenge, as E Ink was originally incubated at the MIT Media Lab in 1997,” said Hala Hanna, Executive Director of MIT Solve. “Support of this magnitude drives innovation to scale and has a transformative impact. We look forward to working with E Ink to advance critical technology solutions and create a better future together.”
MIT Solve aims to stimulate global innovation and create a sustainable development environment. Four teams will be declared the winners of the competition. Further, E Ink will provide all the support they need to execute their projects successfully.
With a keen interest in tech, I make it a point to keep myself updated on the latest developments in technology and gadgets. That includes smartphones or tablet devices but stretches to even AI and self-driven automobiles, the latter being my latest fad. Besides writing, I like watching videos, reading, listening to music, or experimenting with different recipes. The motion picture is another aspect that interests me a lot, and I'll likely make a film sometime in the future.