Qualcomm has launched its annual Qprize 2015 international seed investment competition. The competition identifies and provides seed funding in early-stage companies with unique and promising wireless technologies. Companies worldwide are invited to participate, with one finalist chose from each region.

The finalist, from regions Australia, China, Europe, India, Israel, Korea, Latin America and North America will be awarded up to USD 250,000 in convertible note financing from Qualcomm as seed funding and will be invited to contend in the QPrize Grand Finals competition against other regional finalists on 9 September.

The Grand Finals winner will receive an additional USD 250,000 of convertible note financing to aid in converting their business plan into reality. The deadline to submit business plans is 10 July.