The Nokia Open Innovation Challenge 2016 call for innovative ideas, technologies, or business models addressing opportunities in IoT scope. Arranged in partnership with venture firm Nokia growth partners, is looking for futuristic technologies, the next big ideas and new business models in the Internet of things (IoT) domain.
Innovators, startups or academia from around the world can participate in this challenge and take a leap towards making the programmable world happen. The rewards for the finalists include receiving a technology boost by entering the Nokia innovation accelerator program, access to the internal and global market of Nokia and investment opportunities from Nokia Growth Partners (NGP) and other venture capital firms. What’s more the top three teams will share incubation prize money of €100,000.
Rapidly developing Internet of Things (IoT) technology is opening up multiple new business opportunities for operators and enterprises, spanning many industries – public safety, healthcare, connected mobility, smart cities and more. Nokia’s vision is to expand the human possibilities of technology to improve people’s lives and help them thrive by enabling a programmable world where billions of people, things, sensors and devices are connected.
Why you should apply?
- Opportunity to enter the Nokia Innovation Accelerator Program to work with Nokia experts on creating joint business models while receiving a technology boost by accessing Nokia’s products, services and resources.
- €100,000 incubation prize will be shared between the top three teams!
- Access to Nokia’s global market and the opportunity to form valuable partnerships.
- Investment opportunities from Nokia Growth Partners (NGP) and other venture capital firms
Who should apply?
The Nokia Open Innovation Challenge is open to innovators around the world aiming to find the next big idea! It can be a new technology, a business model or a combination of both that will help us make lives better!
You can submit your proposal here. Please keep in mind that a working proof of concept is required to enter to challenge.
Applications are being accepted from June 6 to August 15, 2016.
For more information, visit the official Nokia Open Innovation Challenge 2016 page.