Formnext by TCT
formnext powered by TCT, the international exhibition and conference on additive technologies and tool-making, has launched the formnext start-up challenge. This competition is aimed at young, innovative companies in additive manufacturing and is being organised in cooperation with EIT Digital.
Prizes will be awarded to start-ups who impress the judging panel with an innovative and viable business idea and have a product ready to market.
Together with EIT Digital, formnext 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 EIT Digital Startup Community of 130 network partners and, thus, benefit from consulting with business development and communication experts as well as contacts to potential investors and customers throughout Europe.
"With this competition, formnext is offering start-ups an innovative exhibition platform to pitch their product idea and company to highly qualified industry professionals from around the world," says Sascha Wenzler, division manager for formnext, Mesago Messe Frankfurt GmbH. "Moreover, in EIT Digital we have a partner that gives start-ups prospects for success in the long term and numerous contacts throughout all of Europe."
Five winners will be selected by an international panel of judges consisting of analysts and representatives of companies, research institutes, and universities. The jury will evaluate the overall business concept, inter alia, 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. To enter the competition, a start-up must be incorporated in the European Union and less than five years old.
Start-ups can submit their application by e-mail as of next week to startup_challenge@mesago.com. Application forms are are now available at formnext.de/startupchallenge and must be submitted by August 31, 2015.
formnext powered by TCT will take place in Frankfurt on November 17 to 20, 2015 in Hall 3, Frankfurt Exhibition Centre.
