SANTA MONICA, Calif. — November 5, 2013 — Edmunds.com, the premier resource for car shopping and automotive information, today began accepting applications to its second annual Hackomotive event. The event, which will be held at Edmunds.com's headquarters in the heart of Silicon Beach in Santa Monica, Calif. on February 25-27, 2014, will award $35,000 in cash prizes to the participants who present the best products and ideas that promote a better car shopping experience.
The 2014 event is open to companies, individuals and teams of individuals working to bring a new car shopping product or service to the market. Participants selected through the application process will come to Santa Monica for three days of inspiring talks, networking opportunities and brainstorming sessions to further develop their products or ideas. The participants will present their products or ideas in a "Shark Tank"-style format to a panel of judges, who will award a $20,000 grand prize to the first place winner, $10,000 for second place and $5,000 for third place. Edmunds may also select a winning product or idea for acceleration.
The deadline to submit an application is February 7, 2014. Companies, individuals and teams interested in learning more and in applying to Hackomotive 2014 can visit http://www.hackomotive.com/ and follow @hackomotive on Twitter.
Over 120 consumers, dealers, automaker representatives, designers and technologists participated earlier this year in the inaugural Hackomotive, in which $28,000 was awarded to the creators of the top four ideas. The two grand prize-winning teams proposed social media sites that would help car buyers identify and work with salespeople whose expertise and specialties best fit their needs. More details on last year's winning prototypes can be found at http://www.hackomotive.com/hackomotive2013/results.html.
About Edmunds.com, Inc.
Edmunds.com is a car-shopping Web site committed to helping people find the car that meets their every need. Almost 18 million visitors use our research, shopping and buying tools every month to make an easy and informed decision on their next new or used car. Whether you're at the dealership or on the go, we're always by your side with our five-star Edmunds.com iPhone and iPad apps and our Edmunds.com Android App. Our comprehensive car reviews, shopping tips, photos, videos and feature stories offer a friendly and authentic approach to the automotive world. We're based in Santa Monica, Calif., but you can connect with us from anywhere by following @Edmunds on Twitter or by becoming a fan of Edmunds.com on Facebook.