09/18/2015 12:06PM

University of Arizona contest offers $10,000

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The University of Arizona Race Track Industry Program announced Friday it will award a $10,000 prize as part of a contest to encourage new ideas and technologies to improve the horse racing industry.

The Innovators’ Circle, organized in conjunction with the program’s gaming partners Hai Ng and Vin Narayanan, is a first-pitch competition. The competition is open to anyone with an “idea, product, or business that has the potential to revolutionize” the industry. Finalists will be provided space in the exhibit area at the Global Symposium on Racing & Gaming and will make a 10-minute pitch to a panel of judges.

“We’ve seen this type of pitch competition produce results in other industries,” RTIP director Doug Reed said in a press release. “By soliciting ideas from a diverse group, there are no limits to what talented people can accomplish.”

This year’s symposium will be held Dec. 7-9 at the Loews Ventana Canyon Resort in Tucson, Ariz.

For complete contest rules and more information go here.