ILCC Innovation Contest 2017
Call for Participants
The Ireland Luxembourg Chamber of Commerce (ILCC) is organising its fourth Innovation Contest. The date of the final (pitching) event is to be confirmed (originally scheduled for Monday 8 May).
The ILCC Innovation Contest is based loosely on the Dragon’s Den concept of pitching ideas to potential investors with market experience. As long as the project would be operated from Luxembourg, is an early-stage start-up (<€50k raised) and has a technological component, there is no restriction as to whether it is product- or service-based, nor whether the participating entrepreneurs are ILCC members or not. The project should fall within one of the following categories: Connected Objects / IoT (Internet of Things); Mobility / Smart City; FinTech / RegTech; Healthcare / eHealth Tech; AI / Machine Learning.
The deadline for applications is the end of May 2017 (extended from Tuesday 25 April 2017). After that, the ILCC and jury (dragons) will decide on projects to be invited to pitch their projects.
Entrants should be early-stage start-ups where the entrepreneurs have formed their business ideas but not necessarily yet created their company. Applicants need to demonstrate that they have covered the four basics:
(1) market research;
(2) product prototype;
(3) (financial) business plan; and
(4) have the ability to deliver a pitch.
Once you have ticked the four above boxes, please contact email@example.com with a brief outline of your business idea and the ILCC will be in contact with you. Please ensure that full applications are submitted by Wednesday 31 May 2017 for screening, so that entrepreneurs can be selected to pitch their ideas in front of the “Dragons” (date and venue to be confirmed).
The selected/screened entrepreneurs will be invited to pitch their ideas in front of a panel of “Dragons”, each for a maximum 5 minutes. During the next 5-10 minutes, the “Dragons” can then ask questions to better understand the business concept. When all pitches have finished, the “Dragons” will deliberate to choose the best pitch(es) for the awarding of prizes. Judging criteria will be along the lines of the four basics detailed above, with the individual “Dragons” bringing their own market expertise to their critiques and decisions.
The pitching event will be followed by a networking reception during which the winning pitches will be awarded prizes from organisations including the ILCC, Bonn Steichen & Partners, ATOZ, Enterprise Ireland, The Huggard Consulting Group, LuxFutureLab and possibly more…
The event has been postponed until next year.
Call for Sponsors
Dear ILCC Members and Friends,