element14 announces its partnership with Startupbootcamp IoT | Connected Devices, a new dedicated Internet of Things (IoT) accelerator programme from Startupbootcamp.
Scheduled to launch on 2 March 2016, element14 will work closely with the programme to provide unprecedented support to IoT and hardware startups from across the world.
The accelerator programme will receive applications from startups across the world with a focus on innovation in Consumer or Industrial IoT, for example, Wearables, the Connected Home, Industrial IoT and Smart Retail.
Ten startups will be selected to engage in an intensive three-month programme starting in September 2016, with each one receiving €15,000 and guidance and support from mentors, partners and investors, including element14. As a corporate partner, element14 will play an integral role in supporting the startups in taking their initial concepts through to a finished product, in an aggressive three-month development process.
With a hefty portfolio, element14 can provide a range of products and services to support the IoT and hardware startups, together with extensive technical expertise and an established global channel to market:
- An extensive range of hardware products and components available to help startups build an IoT solution
- Expertise and consultancy in electronics design and build – critical for IoT innovators with a software background requiring support for hardware solutions
- Advanced electronic engineering and hardware design services
- Creation of prototypes right through to volume manufacturing
- Access to the engineering expertise, ideas and support of the 400,000 members of the element14 Community
At the end of the three-month acceleration, the programme’s startups will pitch their company to 250+ investors and mentors on a Demo Day, set to take place on 7 December 2016.
Steven Webb, General Counsel at element14, said, “IoT is a rapidly developing market and is expected to contain as many as 30 billion connected devices by 2020. New startups play a crucial role in fulfilling IoT’s potential, acting as a significant source of fresh ideas that will generate growth in both consumer and industrial markets. However, if truly innovative solutions are to be developed, we must provide greater support for ideas beyond access to products.”
Raph Crouan, founder of Startupbootcamp, said, “Our programme is designed to provide successful startup applicants with unprecedented guidance and access to mentors, partners and investors in IoT and hardware. element14 is such a relevant and appropriate community for this programme that it will play a critical role in our wide-ranging network, providing a full range of products and services to help entrepreneurs take their IoT concepts to the next level.”
The programme will take place in a brand new, 70,000 sq ft fast prototyping lab at Cocoon Networks in London.
Applications are open till 13th June 2016, interested startups can apply from: http://startupbootcamp.org/accelerator/iot-connected-devices.html.