§03 · What you earn
Real money for real work, plus a project that actually goes on a resume.
The money
Up to $5,000 stipend, plus a $10,000 grand prize.
- ·$1,000 per milestone met, per team. Five milestones — up to $5,000 per team across the cycle.
- ·Catch-up counts. Miss M2 in week 4, ship it at M3 in week 6, the stipend pays retroactively.
- ·$10,000 grand prize at Demo Day to the team that hits all 5 milestones AND scores best with the judge panel.
- ·Stipends are real income. W-9 paperwork, splits among team members per your application — not a gift card.
The experience
A working internship, not a school project.
- ·Ship physical hardware that runs at a working pharmacy, in front of pharmacists, every two weeks.
- ·Direct technical feedback from MedDots' engineering staff — controls, mechanical, electrical — every Wednesday and on demand.
- ·Walk away with five milestones' worth of design documentation, BOMs, firmware, and demo footage you can put in front of any future employer or admissions panel.
The IP trade
Anything your team designs, codes, prototypes, or documents during the cycle is assigned to MedDots and MedRock. That is the trade for the stipend, the pharmacy access, the engineering support, and the grand prize. You keep authorship credit, the experience, the relationships, and the right to talk about your role in interviews and applications. You don't keep commercialization rights to the machine. If that's not your trade, that's fair, and you shouldn't apply.