EIT Digital together with the international exhibition formnext 2015 launched the formnext start-up challenge. This competition is aimed at young, innovative companies in additive manufacturing. The exhibition formnext 2015 on additive technologies and tool-making takes place in Frankfurt from November 17 to 20.
Prizes will be awarded to start-ups who impress the jury with an innovative and viable business idea and have a product ready to market. To enter the competition, a start-up must be incorporated in the European Union and not be older than five years. Together with formnext, EIT Digital will award the five winners a booth in the start-up area of formnext 2015, including booth construction and paid travel and hotel expenses. The winners will also have the opportunity to be integrated into the Cyber-Physical Systems Business Community and thus, benefit from consulting with business development and communication experts as well as contacts to potential investors and customers throughout Europe.
An international jury consisting of analysts and representatives of companies, research institutes and universities will select the five winners. The jury will evaluate the overall business concept of the start-ups. Criteria include, for example, consideration of what makes the product special and valuable as well as the team, marketing strategy, and financial planning.
Start-ups can submit their application by e-mail to startup_formnext@mesago.com. Please ensure that you completely fill out the application forms, which are now available on the formnext Web site at formnext.de/startupchallenge.
