Building sustainable energy and infrastructure solutions? Apply now to join the Salzburg Innovation Challenge! (Sponsored)

Startup-Innovation-Challenge

The Austrian energy and infrastructure company Salzburg AG is bringing together the brightest minds to launch pilot projects for a smarter, more sustainable world. It’s calling for startups innovating in the areas of affordable and clean energy, industry and infrastructure, sustainable cities and communities, and climate action to join its fourth Innovation Challenge.

Salzburg AG believes that sustainable development cannot be achieved without significantly transforming the way we manage our energy systems and urban spaces, and that new technology solutions are needed to reduce greenhouse gas emissions and advance people’s quality of life.

For this transformation, Salzburg AG wants to attract the best minds and most innovative startups to build solutions using the potential of 5G, as well as digital infrastructure services and products. The partnerships will offer opportunities for co-innovation, expert know-how, a funded prototype and access to a huge customer base, as well as a large network for participating startups.

Participants of the 4-month-pilot-project are eligible for the following benefits:

  • Exposure to the huge customer base of Salzburg AG
  • The chance to-create a prototype in startup-corporate partnership
  • Financial support for pilot acceleration (up to €50,000 for each project – no equity deal)
  • The winning team receives up to €100,000 for the pilot rollout
  • Receive expert support and a business know how boost
  • Secure the potential for a long-term business opportunity with Salzburg AG
  • Become a trusted partner for energy and technology companies – beyond Salzburg
  • Exposure to Salzburg AG’s corporate venture team
  • All travel costs will be refunded

If your startup is innovating in clean energy, sustainability, or industry with 5G or digital services, apply now before 18 July 2019 for your chance to participate in the programme.

Successful past projects include ocean maps for smart inspection and visualization of the underwater storage space of hydroelectric plants using airborne and underwater drones, digital video and image processing, as well as digital twin technology. Past projects have also utilized AI to predict and optimize the maintenance of power plant components using “predictive analytics” and “predictive maintenance”.

The selection process will begin with the application deadline on 18 July, followed by a pitch presentation on 3 September at the Startup Fair in Salzburg. The pilot program will start end of October 2019, and the demo day will be on 4 March 2020.

The call for applications ends soon – so apply now!