The Australian Innovation Challenge is open to both individuals and teams in a range of professional categories and one general public category.
A panel of eminent judges will shortlist five entries in each professional category (Categories 1–7) as finalists to be featured in a dedicated section for the awards in The Australian and The Weekend Australian and online. From this set of finalists, a winner from each category will be selected and awarded a cash prize of $5000.
Each professional category winner becomes eligible for the final round of judging, with the overall winner taking out a further $25,000 in prize money.
In the Backyard Innovation category (Category 8), judges will select seven finalists to be covered in The Australian and The Weekend Australian and online. From this set of finalists, the judges will select an overall winner to receive a cash prize of $10,000.
In the event of a tie in any of the categories, the judges will reconvene to decide on a final winner.