Hyundai & Kia | SGInnovate Accelerator

About the programme

Hyundai & Kia│SGInnovate Accelerator is a strategic development programme powered by the Hyundai Motor Company and Kia Motors Corporation (Hyundai & Kia). The objective is to incubate innovative technologies and new businesses aligned with Hyundai & Kia's strategic needs, creating synergies through collaboration.

Business units within Hyundai & Kia (including Hyundai Glovis) will be involved in activities with startups by:

Providing the business needs
Participating in the startup selection process
Driving the execution of collaborative projects and Proof-of-Concepts (PoC) with selected startups

The Hyundai & Kia│SGInnovate Accelerator provides a development budget for each project, as well as equity investment opportunities for startups selected to execute collaborative projects with Hyundai & Kia (including Hyundai Glovis).

Why Participate?

Here's what a startup may gain from joining this programme:

Access to Hyundai & Kia's Open Innovation Team and its international network that can help to validate market needs at a global level
Collaborate with business units of Hyundai & Kia (including Hyundai Glovis) and an opportunity to test your technology at facilities of Hyundai Motor Group
Benefit from Hyundai & Kia's experience as a global market leader in mobility to validate, rollout and scale your PoC
Potentially secure a strategic partnership with Hyundai & Kia, or an investment opportunity with Hyundai & Kia and/or SGInnovate

APPLY NOW

Selection Criteria

Qualification

Applications should clearly articulate what your product or service does, what your value proposition is, your business model and what technical expertise you have as a team or IP held by the company.

We are looking for startups that

Come from Southeast Asia
Have a validated concept and working prototype
Are made up of a team of experienced individuals with expertise in the program's areas of interest
Possess a solution that is uniquely different from existing solutions
Have a credible business model based on sound assumptions
Desire to work on challenging projects with business units of Hyundai & Kia (including Hyundai Glovis)

Timeline

Monday

05 October 2020

Programme Launch

Wednesday

14 October 2020,
10am (UTC+8 | SG time)
ONLINE EVENT

Information Session

Sunday

08 November 2020, 2359HRS

Application Deadline

Extended deadline

November 2020

Application Review

Results of the application review will be announced in end-November 2020.

November 2020

Video Interview

Results of the video interview will be announced in early-December 2020.

December 2020

Workshop

A one day workshop will be conducted between the business units of Hyundai & Kia (including Hyundai Glovis) and the selected startups to discuss potential PoC.

Apply Now

Interested startups should submit their application form and attach an up-to-date company introduction deck via email to application@hkmcsginnovate.com. Startups may also include videos of their products and services as part of the submission.

Failure to provide the application form and the company introduction deck will result in non-selection for the programme.

Please note

Answer in English for this application
Both Hyundai & Kia and SGInnovate will review the applications

Download the Application Form for more information.

For inquiries, email application@hkmcsginnovate.com.

By downloading the Application Form, you agree that you have read and understood our terms and conditions.

DOWNLOAD NOW