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Decided by the panel of expert judges during the final round, the first-place winner or winning team will receive $15,000 to continue development of their invention or product.
Also decided by the judges' panel during the live final round, the second-place team will receive $10,000 in funding of their invention or product.
$5,000 is given to the fans' favorite invention, as determined by online and text voting during the televised final round. The winner will be announced live onstage once polling has closed.
* All prize money will be allocated to the awardees according to the institutional policies of their school.