Descartes Incubator launches international Aggregator 2020 molecular start-up competition.

In partnership with Technoport from Luxembourg, Atal Incubation Centre-Aartech, IIM Calcutta Innovation Park & SRIX (SR Innovation Exchange) from India, as well as Innovus & Africa, and Orange, Descartes Incubator are organizing the Aggregator 2020, an International Start-Up vs Covid-19 Matchmaking Competition between Europe, Africa and India.

The aim of this competition is to identity and reward start-ups/SMEs working on similar sectors and/or developing similar products and services, candidates to become a molecular start-up. A molecular start-up is a company built as an aggregation of two or more companies or startups addressing the same market and whose combination products or services deliver a consistent product or service.

If you are interested in external growth, in joining forces with a partner and hence develop internationally without having the hurdle of opening a branch abroad, this opportunity is for you!

Innovative start-ups’ and SMEs’ projects providing solutions to the Covid-19 healthcare crisis are expected, addressing in particular one or many of the following United Nations Sustainable Development Goals:

#2 Zero Hunger (related to food wastage)

#3 Good Health and Well Being

#4 Quality education

#6 Clean Water and Sanitation

#7 Affordable and Clean Energy

#8 Decent work and economic growth

#11 Sustainable Cities and Communities

#12 Responsible consumption and production

#13 Climate action

As such, technology enabled solutions addressing one or many of the above-mentioned SDGs are welcome to apply.

To better understand the concept of molecular startup you can also read this paper and presentation.

 

What’s in it for you?

  • Grow your business in new markets in Europe and India by receiving access to mentors, strategic partners and market experts in your target region(s)
  • Rapidly validate your product and service ideas in new markets
  • Be matched with a start-up or business of similar size from Europe, Africa or India that is working on similar or complementary solutions to yours
  • Be introduced to and receive support in engaging with your counterpart
  • Receive mentoring and legal advice on how to collaborate with your counterpart business in Europe, Africa or India
  • The group of 3 matching companies with the highest potential of becoming a molecular start-up, will win a travel allowance to the other region for taking the next steps towards serious engagements.

 

The competition is open until 30 October 2020.

Click here to access the call regulation and to apply fill in and return this application form together with a short video to us.

The pre-selection will take place on November 16th and the winners will be announced on November 30th 2020.

More Information Here



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