The ZER01NE Accelerator 2020 open innovation platform facilitates collaboration between Hyundai Motor Group startups and teams on future technology projects.

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!

November 20, 2020 1 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Hyundai Motor Group introduced its 2020 ZER01NE Accelerator, an open innovation platform that facilitates collaboration between startups and the Group’s internal teams on various projects.

This program discovers valued startups and develops strategic possibilities for the use of their new technologies.

Various teams within the Group have developed a total of 50 ZER01NE Accelerator projects on 10 topics including data, user experience, human-machine interface, mobility, cargo, robotics, smart factory, logistics, healthcare and materials.

Who can participate?

Startups legally registered and interested in verticals of Artificial Intelligence, Smart Mobility, Smart City, New Energy and Robotics. Those interested can apply for only one of these projects. Teams responsible for technology developments will be directly involved in reviewing and hiring new companies for collaboration.

You can apply on the official website of the application from November 16 to December 27. The results will be announced in early February 2021.

The selected startups will receive a budget for the development of the project. The Group will also review the possibility of capital investment among the selected companies.

Since the introduction of ZER01NE Accelerator in 2018, eight Group affiliates and 54 startups have participated in the program, resulting in 48 collaborative projects and 35 equity investments for startups.

[embedded content]

Source

You May Also Like

6 Winning Mantras for First-Time Entrepreneurs

July 5, 2021 5 min read Opinions expressed by Entrepreneur contributors are…

The Painful Truth About Becoming a Successful Entrepreneur

While it’s true that entrepreneurship is worth pursuing as a career, it’s…

Got Dumped? Congrats, You’re Now Ready to Start a Business!

Learning to deal with painful personal relationships prepares you for all the…

Seed, Sow, Water, Grow: 4 Expert Tips to Secure Angel Investment for Your New Business Venture

September 8, 2020 7 min read Opinions expressed by Entrepreneur contributors are…