€100.000 Available for Innovative Ideas Internet of Things

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. HSD partner Nokia wants 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. In that perspective Nokia organises an Open Innovation Challenge, arranged in partnership with venture firm Nokia growth partners. For this Challenge Nokia is looking for futuristic technologies, the next big ideas and new business models in the Internet of things domain.

The awards are:

• The opportunity to enter the Nokia Innovation Accelerator Programme to work with Nokia experts on creating joint business models while receiving a technology boost by accessing Nokia’s products, services and resources. In addition, a €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 NGP and other venture capital firms.

Deadline for submitting your proposal is 15 August 2016. Want to submit your idea? Click here.