Opportunity for early stage start-ups to jump start their business

Marking Capgemini’s 50th Anniversary, this year’s Innovators Race will offer 5 winning start-ups $50,000, extensive networking opportunities and participation in international tech events.

90 per cent of start-ups fail within their first year

90 per cent of start-ups fail within their first year

Capgemini today(10/1/17) announced the ‘go live’ of its InnovatorsRace50, a worldwide competition for early stage start-ups to showcase the potential of their products, services or innovative uses of technology to disrupt businesses and organisations.

This special edition of Innovators Race, to mark Capgemini’s 50th Anniversary year, celebrates the spirit of innovative entrepreneurship by offering five winning start-ups the opportunity to each secure business backing of equity free funding to the tune of $50,000, extensive networking opportunities, participation in international tech events, access to industry experts, and the opportunity to become a Capgemini partner.

Entrants have until February 28th to take part in the global competition via www.innovatorsrace50.com. Fifty start-ups will then be chosen across five categories (ten from each), to go forward to personal meetings with a panel of experts who will nominate two finalists per category.

The contest categories are: govtech and social enterprises, fintech and mobility, consumers and well-being, digital processes and transformation and data and security

In April and May the ten finalists, two per category, will then get the opportunity to meet with tech and industry experts in person in five of Capgemini’s Applied Innovation Exchanges. The five locations are London, San Francisco, Munich, Mumbai and Paris.

During this time they will experience this immersive and transformative environment for further exploration, discovery, testing and application of their innovation. They will also benefit from access to an extensive network of experts to help them work on their proposals and prepare their final submission.

‘Digital disruption is redefining all industries and innovation is its lifeblood,’ comments Lanny Cohen, group chief technology officer and member of the group executive committee at Capgemini.

Cohen concludes, ‘Navigating the start-up scene is at the very heart of what we do for our clients. It’s a privilege to work with emerging entrepreneurs and witness some of the most advanced and radical thinking that is transforming businesses today. We look forward to an exciting special birthday edition of Innovators Race this year, and to welcoming the finalists into our AIEs to help them refine their offers. I wish all participants the best of luck!’

Further reading on early stage start-ups

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