Email your question to the judges.
Collaboration among several areas of expertise is an important part of so many of the innovations we’ve implemented over the years. By making the prize per team member, we hope to encourage bigger, more diverse teams. If your team wins, you personally get the same amount of money whether your team is large or small.
A team can submit more than one idea or innovation. However, each one must be submitted as a separate entry.
We tried to be intentionally vague. We did not want to make cost/saving analysis a requirement of the project, or the only focus. But the more information you can provide to make a compelling case for your entry the better. Cost and/or savings projections would probably be one of those things. If you are going to include this type of information, focus on reasonable projections and not trying to get it down to an exact number.