STEPHEN
TRANOVICH
Stephen Tranovich
INTERVIEW
60
A good thing to keep in mind is that 20
projects from each of those categories
win $1000, and then go on to the finals,
so we still have 40 projects that are
going through. Even if you don’t think
your project is going to win, even if you
think your project is in no way ready, just
entering makes you a member of a really
incredible online community. I’ve written
a few emails to people who were like,
“What? I never thought that was going
to happen! Thank you, thank you, thank
you”. So, you really never know.
HS And that big prize money, is that
in the form of seed money to get the
product on the market, or can the
winners just take the cash and go home?
ST People can take the money and go
home and never work on it again, if they
are so inclined. Normally if they’ve put in
enough energy to actually make a project
worthy of winning the top 20 round,
they’re pretty dedicated to the project
and to taking it forward, so I would be
surprised if that happened.
The top 20 projects are always
impressive. I’m always impressed by
them. Someone who’s put that much care
into their project and got to that stage
- they’ve got more to do. Engineering –
there really is no end to it.
What we have seen is people who
have a more or less complete prototype,
take the money, and then try to use that
money to solidify it for manufacturing
and make it manufacturable. On our list
of success stories, there’s a very long list
of people who left the prize and had very
Right
Not much of a
mechanic? It doesn’t
matter – if your idea’s
good, you can build
it in cardboard – just
build it!