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Qualcomm Ventures

Qualcomm Incorporated (NASDAQ: QCOM), through its venture investment arm Qualcomm Ventures, presents the company’s annual QPrize™ 2015 international seed investment competition. The competition aims to identify and provide seed funding into early-stage companies with unique and promising wireless technologies. India finalist will be awarded up to US$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 September 9, 2015. The Grand Finals winner will receive an additional US$250,000 of convertible note financing to aid in converting their business plan into reality.

Since inception, QPrize winners have collectively raised more than $238 million in total venture funding. Past winners include Capillary Technologies, Reverie Technologies, Deckapp, Konotor & Mavin Technologies. The deadline to submit business plans is July 10th, 2015. Upon receipt of entries, Qualcomm Ventures will select up to eight finalists from India. The chosen finalists will participate in QPrize India competition where each of the finalists will have the opportunity to showcase their technology in front of a panel. The panel will evaluate not only the merits of the technology innovation and its commercial potential, but also the company’s leadership capabilities and the attainability of the proposal’s financial projections.To get additional details of the competition, rules and regulations, or to submit your business plan, please visit www.qprize.com.

About Qualcomm Incorporated

Qualcomm Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm’s licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm’s engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.