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Draft: Innovation World Cup

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The Innovation World Cup is an open innovation platform which identifies and awards outstanding tech start-ups, scale-ups and SMEs. The program also develops strategic partnerships between these entities and key industry corporates..[1]

The Innovation World Cup was registered as an EU trademark in April 2012 (EU trademark 010401412). In August 2013, the Innovation World Cup was also registered in the US (United States Patent and Trademark Office), Switzerland, China, and India.

History[edit]

The Innovation World Cup was initiated by Navispace since 2003.

In 2004, the Galileo Masters/European Satellite Navigation Competition (ESNC) took place with focus on innovations for satellite navigation.

In the period of 2009 to 2011, the Bluetooth Innovation World Cup[2][circular reference] was organized with aims to investigate advanced applications using Bluetooth technology in sports, fitness and healthcare products.

Starting from 2012, the WT Innovation World Cup[3] was introduced to foster wearable technologies in healthcare, sports, gaming, and security[4]. In the same year, the IoT/M2M Innovation World Cup was launched following the rise of the Internet of Things, machine-to-machine and wireless data communication between machines. The competition searched for solutions that enabled smart city, security, and connected healthcare[5].

The Cloud Innovation World Cup[6] came in 2014. The “Cloud Innovators of the Year” award in ICT Business Services, Industry 4.0, Mobility, Smart Living and the “GEO Award” took place at Google´s Headquarters in New York City on July 8, 2015.

From 2017 onwards, the Innovation World Cup specialized in the field of IoT with applications in smart manufacturing (Industry 4.0), smart city/home, healthcare, agriculture, sports, lifestyle, transport and logistics[7]. The special sprizes included the Smart Clothing Challenge, EBV IoT Hero, Gore Innovation Center Prize and the LoRaWan™ Challenge.

Additionally, the Innovation World Cup presented further competitions namely the Smart Building/Smart Construction Innovation World Cup, Healthcare Innovation World Cup[8], MEDICA START-UP COMPETITION” in collaboration with the MEDICA Trade-fair, TECH START-UP 2019 and LOGISTICS & MOBILITY START-UP 2019.

Format[edit]

The current format of an Innovation World Cup involves 3 phases. The submission phase, the evaluation phase, and the finals including the finalist pitch and award ceremonies at multiple key industry events.[9]

The submission phase[edit]

Contestants submit their solutions to the Innovation World Cup's online database with a given deadline. The language of submission is English.

The evaluation phase[edit]

Once the deadline is reached, all completed submissions will enter the evaluation phase. The first evaluation step is done online, anonymously by a board of international jury members. They jury review each submission based on the following evaluation criteria:

  • Degree of innovation
  • Commercial potential
  • Technological feasibility
  • Marketing approach
  • Time to market
  • Required investments

In the second evaluation step, the jury select the most qualified submissions in each category and special prize.

The finals: Pitch and award ceremonies[edit]

The finalists are invited in the finals. After the finalist pitch, the winners are announced in the award ceremony with the handling of the trophies, certificates, and cash prizes.

The Innovation World Cup collaborated with multiple tech event organizers to support outstanding tech start-ups, scale-ups and SMEs in introducing their solutions to the international markets. Some of which are:

Other regional events to mention such as IoTHINGS (Italy), Wolves Summit (Poland), Medical Fair ASIA (Singapore/Thailand), StartupCon (Germany), TechBBQ (Denmark).

Partners[edit]

The Innovation World Cup's partners include regional- and international ICT clusters, companies, governmental entities and private foundations.


Excerpts Innovation World Cup Winners[edit]

Sensoria, MIO Alpha (2012)

Sigfox, TADO (2013)

RingCentral (2014)

COBI, ProGlove, Sensile Technologies, GaitUP (2015)

Health Care Originals (2016)

Bonbouton, Tosibox (2017)

StethoMe® (2018)

Viewpointsystem, Finnadvance, bimspot, SynPhNe (2019)

References[edit]

  1. Siegner, Thomas; Sulzmaier, Sonja (2014). Reality Bites: Best Practises & Erfolgsfaktoren im B2B-Marketing. Germany: Haufe Lexware GmbH. ISBN 3648056956. Search this book on
  2. "Award Program: Bluetooth Innovation World Cup". Wikipedia. Unknown parameter |url-status= ignored (help)
  3. "Innovation World Cup® at WT | Wearable Technologies". WT | Wearable Technologies. Unknown parameter |url-status= ignored (help)
  4. Illes, Judy (2017). Neuroethics: Anticipating The Future. Oxford University Press. ISBN 0198786832. Search this book on
  5. Chauvel, Danièle; Borzillo, Stefano (2017). The Innovative Company: An Ill-defined Object (Innovation, Entrepreneurship and Management: Innovation Between Risk and Reward Set). Wiley-ISTE. ISBN 1786300656. Search this book on
  6. "Cloud World Series partners with Cloud Innovation World Cup and EuroCloud". Press Box. Unknown parameter |url-status= ignored (help)
  7. Wallner, Susi (May 4, 2018). "Innovation World Cup® Series: "Transforming Budding Ideas Into Global Giants"". StartUs Magazine. Unknown parameter |url-status= ignored (help)
  8. Dahlgaard-Park, Su Mi (2015). The SAGE Encyclopedia of Quality and the Service Economy. SAGE Publications, Inc. ISBN 9781452256726. Search this book on
  9. "Questions & Answers – IoT/WT Innovation World Cup®". Innovation World Cup. Unknown parameter |url-status= ignored (help)
  10. Podsiadlo, Anita (February 6, 2015). "WT Innovation World Cup winners announced at WT Wearable Week". IoT Now. Unknown parameter |url-status= ignored (help)
  11. "ST Enables IoT Innovation with Innovation World Cup Series!". ST. 18 June 2018. Unknown parameter |url-status= ignored (help)


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