"We see so many great ideas from students, but some don't get the proper support from industry or mentors that they deserve."
TokBox, a US-based video communications company, has started its IncuBox competition for student application (app) developers.
The team that submits the best app using the company’s OpenTok’s online face-to-face technology will be invited to work out of its San Francisco headquarters for eight weeks and get a $2,500 living allowance per team member for up to two people.
The team will also retain full ownership of any intellectual property created and have a launch party at the end of the IncuBox programme to pitch to potential funders.
Ian Small, chief executive at TokBox, which is funded by venture capital firms Sequoia Capital, Bain Capital Ventures, DAG Ventures, and Youniversity Ventures, said: "We see so many great ideas from students, but some don’t get the proper support from industry or mentors that they deserve. IncuBox is our way of reaching out to support these ideas and these developers and helping them create something real and sustainable."
Applications should be sent to incubox@tokbox.com no later than February 24, 2012 at 11:59 pm PST.
