Arctic Innovation Competition

Finn Oestgaard holds up giant check at AIC photobooth.
Arctic Innovation Competition main division winner Finn Oestgaard, center, holds awards with CBSM Dean Cameron Carlson, left, and Usibelli Coal Mine Vice President of Public Relations Lisa Cassino, right. Also representing Usibelli, in the back row, are Jared Rhea, left, and Justin Seavey, right. By Sarah Lewis Photography.

Congratulations to 2024 Arctic Innovation Competition (AIC) winner Finn Oestgaard! Their idea was a durable storage tote for expeditions. 

Oestgaard won the top prize and $15,000 in the main division (ages 18 and above) with his idea, FINN — Redefining Rigid Gear Storage. The tote is specialized for gear storage and outdoor excursions in the Arctic and other places with extreme weather. Oestgaard also received two $2,000 kicker awards in the competition’s sustainable and Arctic categories.

“They’re super tough, you can jump on them,” Oestgaard said as he sprang onto his prototype. “Potential users are endless: mining, oil, gas, guiding companies and more. It seamlessly integrates with platforms used in remote, rural areas, including snowmachines, four-wheelers, boats and airplanes.” - Finn Oestgaard

Started in 2009, AIC is Alaska’s original idea contest that awards $45,000 in cash prizes and awards.

Some unique features of this competition include:

  • Ideas do not have to be Arctic-related
  • Free to enter
  • No business plan or prototype required (but recommended)
  • Individuals and teams of all ages may enter
  • Multiple ideas may be entered

The deadline to submit an idea for AIC 2025 is Friday, February 28 by 11:59 p.m. 

The AIC 2025 Award Ceremony will take place on Saturday, April 19th, in-person at the Westmark Fairbanks Hotel, or on our livestream from 1:00 - 5:00 p.m. 

Learn more below!

Visit the AIC website!

AIC

Contact us
Schedule an advising appointment