TLC giant Nokia has officially launched the Nokia Open Innovation Challenge 2016.
The Nokia Open Innovation Challenge 2016, arranged in partnership with its venture capital arm Nokia Growth Partners, is looking for the next big ideas and new business models in the Internet of things (IoT) domain. The company is specifically looking for innovations in the areas of connected automotive, public safety, security, industry 4.0, digital health, utilities and smart cities.
Innovators, startups or academia from around the world can participate in the challenge. The rewards for the finalists include receiving a technology boost by entering the Nokia innovation accelerator program, access to the internal and global market of Nokia and investment opportunities from Nokia Growth Partners (NGP) and other venture capital firms.
The top three teams will share incubation prize money of €100k.
Interested teams can submit their idea within August 15, 2016.
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