NEC Innovation Challenge
NEC Innovation Challenge
Deliver the solutions of tomorrow – NEC is looking for startups with Healthcare & Life Science, Metaverse and Carbon neutral solutions to collaborate together!
Participation are now closed.
WELCOME TO THE NEC INNOVATION CHALLENGE
Internationally renowned IT and electronics group, NEC, and its Partner companies, are on a quest to find innovative companies worldwide with solutions in Healthcare & Lifesciences, the Metaverse and Carbon neutral. Could you be the perfect fit?
The rewards for the most innovative solutions include funding of up to US$20,000 to develop a full Proof of Concept (PoC), support to enter the Japanese and US markets, and other unrivalled collaboration opportunities with NEC and its Partner companies!
This once in a lifetime opportunity to work alongside a leading global brand is not to be missed! What are you waiting for?
THEMES TO TACKLE
NEC's mission is to bring together the smartest minds on the planet to develop the new unicorn ideas of tomorrow. The NEC Innovation Challenge invites startups and NEC employees to deliver a proof of concept for a new innovative product or technology service, which addresses one of the 3 key themes below.
Healthcare & Life Sciences
Metaverse
Carbon Neutrality
TIMELINE
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Application Phase
Oct 14 - Dec 4
Create an account and submit your 10 slides proposal in PPT/PDF format.
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First online voting
Dec 5 - Dec 18
The NEC judging panel will select up to 30 participants for the next phase.
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Interviews
Jan 9 - Jan 19, 2023
Semi-finalists will be invited to online interviews with the NEC judges and top 10 will be selected as finalists.
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Mentoring
Feb 6 - March 3
Top 10 Finalists will be paired with NEC specialists to help them improve their presentation for the final event.
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Final event
March 10, 2023
Top 10 Finalists will pitch online in front of the judges and results will be announced on the spot.
PRIZE & INCENTIVES
4 different types of prizes await our selected startups!
NEC Prize
Proof of Concept of up to US$20,000
NEC X Prize
Access to the NEC X venture studio and travel to Silicon Valley for the kickoff week (flight and hotel expenses covered for 1 person)
NOFF Prize
Discussions for funding from NOFF
*NOFF (NEC Orchestrating Future Fund) is a multi-LP corporate venture capital managed by Translink Capital as a GP. NEC is an Anchor LP for the fund
Final Event
March 10, 2023 - Online
The final of The NEC Innovation Challenge will be attended by the 10 selected finalists. They will have the opportunity to pitch their solution to a panel of senior management from NEC.
SPONSORING PARTNERS
OPERATIONAL PARTNERS
