[Techtaffy Newsdesk]

Best Buy has launched a ‘College Innovator Fund’ – a national search to find, mentor and advance the next big ideas in the areas of technology, sustainability, education or a related field. Through August 14, 2012, participants can submit a two-minute video on the Best Buy Facebook page describing their innovation for a chance to win one of four cash prizes totaling $100,000 to bring their idea to life.

A panel of judges will narrow the entries down to 10 finalists. On August 17, Best Buy will announce the top 10 College Innovator Fund finalists that will move on to consumer voting for a chance to win the Fan Favorite spot. Voting ends on September 7. The four winners will be revealed nationally the week of September 17.

The grand prize includes a $50,000 cash purse plus mentorship opportunities.