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Start-up assistance for founders

18th May 2016
Jordan Mulcare
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Introduce ideas to industry representatives and find supporters: That is what new companies and potential founders can do at the electronica Fast Forward Start-up Award, which the International Trade Fair for Electronic Components, Systems and Applications is presenting. The prize: An exhibition stand at the electronica Start-up Platform in Munich from November 8 to 11th and a campaign that will bring the winner a step closer to the dream of having their own successful company.

Thanks to their creative ideas and innovative business models, founders are a source of impetus for the entire electronics industry. Still, a good idea alone is not a basis for founding a company. A business plan and a business model are just as important as having the right supporters at your side. The electronica Fast Forward Start-up Award is the place to find them. electronica gives founders a forum where they can find partners as well as the support that they need to found their own company. Thanks to the electronica Start-up Platform, they also have their own exhibition space where they can present their innovations from November 8 to 11, 2016.

The more than 2,700 exhibitors participating in the exhibition and countless visitors in attendance make electronica the perfect place for young entrepreneurs to meet investors and potential customers and make important contacts within the international community in the process. From now until July 15, 2016, new companies and potential founders from around the world can submit their products, services and solutions in the categories “Idea,” “Prototypes,” and “Start-ups” for the electronica Fast Forward Start-up Award—and for exhibition space at electronica.

A panel of judges will evaluate the submissions and, depending on the category, will select 25 or 50 participants to compete against one another at the electronica Start-up Platform. Whether it comes to financing models or marketing strategies, selected founders will have access to experienced advisors during the entire fair. Those who make it into the top three can look forward to active support in the form of consulting, marketing and PR from Elektor as they set up their companies. In addition, the winner will get an exhibition stand at electronica 2018.

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