Formnext Start-up Challenge: a springboard for creative AM business ideas
Source: press release
Germany — Every year, a host of new companies emerge in the additive manufacturing industry. To give voice to these start-ups among the most established players, Formnext is organizing the 8th Formnext Start-up Challenge this year.
A permanent fixture on the international AM calendar, Formnext has been providing the perfect platform for companies to pitch to potential customers, partners and investors for the past eight years. Winning the Formnext Start-up Challenge has significantly boosted market entry for a number of internationally successful companies, including 3Yourmind, Dyemansion, Kumovis, Sinterit, Spectroplast, Trinckle 3D, Xioneer and many more. In addition to new, creative and viable business ideas, the topic of sustainability will play an important role in the Formnext Start-up Challenge. A young company will therefore also be selected among the candidates to receive the AM Impact Ventures prize. Applications are now invited from companies that are no more than five years old. The application deadline is July 1, 2022 and winners will be announced in September 2022.
In addition to the 3D printed prize, the five winners will each receive an impressive Formnext exhibition and marketing package, which includes, among other things, a fully equipped exhibition stand in the Formnext 2022 start-up area and inclusion in all relevant and global areas. Formnext marketing and communication activities. Additionally, winners can participate in a pitch event as part of Formnext, receive an individual business profile from a media sponsor as well as business coaching from a jury member.
The international panel of high-level representatives from all corners of the industry includes Dr. Kristian Arntz (CEO, Fraunhofer Center for Networked Adaptive Production Icnap), Stefanie Brickwede (Project Manager, 3d [email protected] and Managing Director, Mobility Go Additive network), Arno Held (Managing Partner, AM Ventures), Alexander Oster (Director of Additive Manufacturing, Autodesk), Michael Petch (Editor, 3Dprintingindustry.com), and Peter Mayr (Professor of Additive Manufacturing Materials Technology, Technical University of Munich).
For the third time, a company with a particularly sustainable approach will receive the AM Ventures Impact Award as part of the Start-up Challenge. “With this award, we want to give the topic of sustainability the attention it deserves in the Start-up Challenge”, explains Arno Held, Managing Partner at AM Ventures. “We encourage all entrepreneurs to tell us about their initiatives for a sustainable world. In its assessment, AM Ventures is guided by the United Nations Sustainable Development Goals (SDGs). All participants in the Formnext Start-up Challenge are automatically entered into the competition. The winner will receive a prize of 5,000 euros and the opportunity to present themselves to the public of Formnext during a pitch.
Any promising company with a market-ready product or service in terms of customers, product status and revenue can participate in the Formnext Start-up Challenge, provided that the start-up is not majority-owned by an established company and was founded after January 1, 2017.
Dates of upcoming events:
- Formnext: November 15-18, 2022, Frankfurt am Main, Germany
- International events related to innovative industrial manufacturing:
- Formnext + PM South China: September 14-16, 2022, Shenzhen, China
- Formnext Forum Tokyo: September 27-28, 2022, Tokyo, Japan
- Asiamold: March 1-3, 2023, Guangzhou, China
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