Innovation Challenge for Circular Economy | Startup Challenge
Create a better future for the next generations through the Circular Economy!
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This challenge is open to startups across the world
Application Phase
November 12, 2020 - January 8, 2021 [23:59 GMT+9]
- Issue addressed by your project and value of the solution
- Overview of the project and technology used
- Addressed market (target area, market size)
- Business model
- Obstacles to implementation and required resources
- Nice to have: ecosystem and stakeholders involved in the project
Mentoring Phase
January 25, 2021 - February 19, 2021
Final Event
March 23 2021
Selection Criteria
The projects will be assessed following the criteria below:
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Value of the addressed issues:
Is there a real need in the market to address this issue? How many people are impacted by it?
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Potential to create a strong customer base:
How big is the market you are targeting? Who (companies/individuals) make up the target segment?
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Innovativeness of the technology and business model:
How innovative is the technology used and the business model? How are they different from others?
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Feasibility:
How feasible is the solution to put into practice? Does the solution make sense financially? Will the solution be sustainable over the long term?
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Impact:
What is the scale of potential social impact? How broad is the impact? How many people will your solution reach? How significant is the impact?
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Synergy with Hitachi (Mentoring phase only):
To what extent is your solution in line with Hitachi’s values of social innovation?