Silicon Valley International Invention Festival  The Silicon Valley International Invention Festival is an annual business exhibition held in Santa Clara, California. Silicon Valley International Invention Festival is an international innovation competition and also a business exposition organized by the International Federation of Inventors IFIA and Palexpo. The inaugural festival took place in July 2018. The second edition of the festival occurred in June 2019 in Santa Clara, California, with about 400 competing inventions. The SVIIF event is supported by Wipo and City of Santa Clara the Swiss Consulate General of San Francisco   At the exhibition, inventions are reviewed based upon their marketability, readiness for market, and patent, by a panel of about twenty judges. Medals are awarded to those selected as best rated among these three qualifications.