Only three months ago we launched the IPRIZE with the mission to enable a 'Machine Economy' ecosystem that fosters a mutually beneficial co-existence of human and machine. At the innogy Innovation Hub, we expect technologies such as the 'Internet of Things', Blockchain and 'Artificial Intelligence' to disrupt life as we know it.
These changes will go far beyond affecting new business practices, they will reach deeply into our core understanding of society and culture. Posing such a visionary and still very intangible challenge, we were astonished by the sheer number of submissions from all over the world. Altogether, we received 150 applications across 27 countries worldwide – reaching from Azerbaijan to Chile, from Malaysia to Russia
For us, the essence of the IPRIZE is to enable an innovation ecosystem that allows technology to be used for the good of society. We want to leverage synergies across industries and borders, connecting dots while also connecting people.
Knowing that innovation comes in many shapes and sizes we were looking both for visionary start-ups and brilliant individual thinkers. The selection was therefore a twofold process. Start-ups were recruited from three categories: culture, society and business. Individual applications were accepted across categories and at very early stages.
Thanks to our expert jurors we are now celebrating three start-ups and two individual applicants who are bringing real solutions to a machine-empowered, people-serving future.
IPRIZE proudly announces the three winning start-up teams and the two distinguished individual applicants. These ideas offered visionary solutions that will ultimately enable a conscious and mutually beneficial coming-together of human and machine.
The winning start-up teams will receive a seed investment of up to 250k euros. The individual entries are provided with a six month idea scholarship to further develop their concepts.
Thanks to AIRTEAM for suporting us in the IPRIZE Award ceremony!