The U.S. Coast Guard Ready for Rescue Challenge is a $255,000 prize competition seeking boater safety solutions that will help make it easier to find people in the water. The first phase of the three-phase competition is a “call for concepts” that are effective, affordable and hold the potential for wide adoption by recreational boaters. Concepts could include ideas such as a new or updated life jacket or personal floatation device.

The deadline for concept submissions is Monday, October 15, 2018. The judges will evaluate the submissions and select up to five monetary prize winners and up to five non-monetary honorable mention award winners. In Phase Two, winners will pitch their solutions and compete for a total prize pool of $120,000. This prize will help winners develop their concepts into a working prototype. In the last phase, the Coast Guard will field test prototypes and the judging panel may award a total $110,000 in additional monetary prizes.

For more information, visit readyforrescuechallenge.com.