This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

BBVA Open Talent Encourages International Participation In Its Fifth Annual Competition For Entrepreneurs

MADRID, March 19, 2013 /PRNewswire/ -- Since it started, BBVA Open Talent has attracted more than 1,600 projects. In 2012 there were more than 500 participants of which 35 percent came from Latin America. The rest were submitted from a dozen other countries including Germany, France, Russia and the United States.

This year BBVA is emphasising the competition's global nature by boosting international participation. "The main goals of BBVA's open innovation strategy are to create a global knowledge network and establish interaction with ecosystems of entrepreneurs in each geographic region," said Hugo Najera, BBVA's chief innovation officer.

Motivating entrepreneurs and detecting talent are some of the goals of BBVA Open Talent. The program endeavours to capture knowledge that will help the bank remain at the leading edge of technology and uncover innovations that are applicable to banking.

The only condition that BBVA imposes is that not more than two years have passed since the company was incorporated or the project started. Participants compete in one of two categories.

  • New banking: for projects related to new ways of banking such as greater focus on customers or those that improve the user's experience.
  • Innovation & Technology: for projects related to society (health, education, work, travel, tourism, smart cities, etc); to technology platforms (mobile app security, cloud computing, hardware and software, etc); to e-business, e-commerce, gaming and social networks; or related to web 2.0, etc.

Phases of the competition

Phase 1 ( March 19 - May 8). Presentation of projects: The call for projects will open on March 19 via BBVA's Innovation Center web site: https://www.centrodeinnovacionbbva.com/blogs/opentalent.

Entries will be accepted up to 11 a.m. (CET) on May 8, 2013.

Phase 2 ( May 13-27). Voting: During this period the public can vote on-line via the BBVA Innovation Center web site.

Internet votes represent 10 percent of the points needed to reach the final stages of the competition. This means a project may be one of those with most public votes and still not be one of the 20 finalists.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,399.67 +19.26 0.12%
S&P 500 1,904.01 +17.25 0.91%
NASDAQ 4,316.0740 +57.6360 1.35%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs