Over 30 Proof of Concepts (PoCs) and partnerships have been secured at Kickstart Accelerator, one of Europe’s largest no equity, multi-corporate accelerator programmes that culminates today – most of them with leading corporations. Coop, Credit Suisse, Empa, EY, Helsana, Migros, PwC Switzerland, Raiffeisen, Swisscom as well as UBS have entered into partnerships with the entrepreneurs participating in this year’s acceleration programme. At tonight’s grand Closing Ceremony the established PoCs and other partnerships will be announced in addition to the winners in each vertical, who will receive a 25`000 CHF grant. The accelerator – an initiative of digitalswitzerland and operated by Impact Hub Zurich – saw 29 startups as well as an intrapreneur team from AXA Winterthur and Swisscom working in collaboration for 11 weeks in the specially designed co-working space Kraftwerk. Their goal was to develop, scale and promote their business in the Swiss innovation ecosystem with the guide of industry experts and unparalleled access to internationally recognized corporations. The programme also supported by C4DR and evitive, focused on the fields of FinTech, Food, Smart Cities as well as Robotics & Intelligent Systems, which is reflective of Switzerland’s heritage innovation sub sectors.
– PwC Switzerland has signed a Letter of Intent with Zurich-based Apiax to intensify the discussion about joining forces to work on digitising compliance processes in the financial industry.
– UBS and CityFALCON have worked closely together to explore different opportunities on how to leverage a potential partnership. Nothing has been agreed yet, however, it can be confirmed, that UBS sees value in exploring CityFALCON`s offering in a potential PoC.
– Raiffeisen Bank has acquired a Living Farming tree by the Italian Food startup Hexagro Urban Farming as the first step of a PoC and will validate a potential use in Raiffeisen offices.
– Coop and Migros have both agreed on individual PoCs with FlavorWiki. Their technology allows food producers, retailers and others to collect detailed data about consumer taste preferences. Coop and Migros will both test this technology internally.
– Swisscom and Hawa Dawa have signed a PoC to develop a real-time data model of air quality in Zurich. The German startup is leveraging open data from the city of Zurich and is using big data analytics and machine learning algorithms to model the air quality in the whole city.
– The cities of Zurich, Bern and St. Gallen, are discussing further collaboration and sharing of knowledge with different startups, e.g. with BikeLook from Dublin.
In addition to the cooperation between the startups and corporate partners, some of the startups have also started to cooperate with each other. For example, the intrapreneur team Rent’n’Share has partnered with the UK/Switzerland based startup Spark Horizon to offer a sustainable mobility solution. The FinTech startups AAAccell, Blocko and Coincube confirmed partnerships to work on two individual blockchain pilots. Zurich-based Apiax is going to work with South African startup Libryo in the field of legal and insurance solutions. Meanwhile, CoinCube and CityFALCON will be working together on AI/blockchain solutions and London-based startup Nivaura, that took part in the 2016 programme, is starting a joint project with Adjoint from this year’s batch focusing on blockchain solutions.
Several of the participating startups have already or are planning to bring units of their businesses to Switzerland. For example, the Ghana-based food tech startup Farmerline is planning to base their third office in Zurich and US-startup RADiCAL is opening the first office outside New York in Zurich to attract talent in the areas of AI and autonomous systems, with the Zurich office expected to serve as the company’s research and development lab. In addition, US-startup COINCUBE is incorporating in Switzerland to implement projects in the digital asset space. More incorporations are being planned.
Furthermore, since the start of the programme in July this year, the Kickstart Accelerator startups all together have raised more than 8 million CHF funding from international and Swiss investors.
Kickstart Accelerator 2017 ends tonight with the official Closing Ceremony. It will be live streamed on Kickstart Accelerator’s Facebook page today from 4:15 PM to 7:15 PM CET.
Read the official press release for more information about the PoCs and partnerships in detail.
It’s hard not to notice the fast pace of innovation that is all around us. It touches all aspects of our everyday lives – from the way we commute or communicate to the way we pay for things and produce goods. Education is not an exception. Being one of the key drivers of innovation and progress, the education industry is poised to undergo drastic technological evolution in the coming years.
And as usual, it comes down to startups, that are willing to pursue the disruptive ideas with minimal resources, to drive this evolution. But the question is – where shall they go? We, at Kickstart Accelerator, say – come to Switzerland! With its combined leadership in education and innovation, Switzerland offers a unique environment to accelerate the next generation of EdTech startups that will bring global impact. According to QS World Universities Ranking, four of Swiss universities are in the World’s Top100. Moreover, based on THE World University Rankings, ETH is #1 in Computer Science and EPFL is proudly in #1 place in the ‘Young University Rankings’ (Universities that are less than 50 years old). And the list could go on and on. Undoubtedly, it makes this alpine gem one of the best places to start in or bring an EdTech business to. And that’s exactly what we encourage all startups that work on Education Technology do.
At Kickstart Accelerator, we are super excited to see how this ecosystem will be further enriched by our newly launched EdTech Vertical, in partnership with EPFL and operated by venturelab. The ten most promising international and Swiss EdTech startups will be invited to Lausanne from September to November 2017. They will profit from benefits such as stipends of CHF 10`000, coworking-space at the EdTech Collider as well as access to a broad network of investors, experts, mentors and business partners. They will also have a chance to win cash prizes at the end of the program. Located at the heart of the thriving startup community on the EPFL campus, they will be hosted at the EdTech Collider – Switzerland’s first collaborative space dedicated to ambitious entrepreneurs transforming education and learning through technology.
It is big news for Switzerland. As Nicolas Bürer, Managing Director of digitalswitzerland (initiator of Kickstart Accelerator), says: “The launch of the EdTech vertical in Western Switzerland confirms the commitment and capacity of the region to develop groundbreaking technologies that change people’s lives. The ecosystem here is stimulating and innovative while providing a stable infrastructure and access to finance and expertise.” In the last years, EPFL has taken leadership in the European MOOC (Massive Open Online Courses) landscape. “With this, Lausanne has become an important hub for education of the future, offering the perfect environment and opportunities to significantly expand educational technologies”, says Pierre Dillenbourg, Professor at EPFL.
For Kickstart Accelerator, the new EdTech Vertical means tapping into another exciting field of innovation. “The digital technologies will disrupt the traditional way of learning and will bring major changes to classrooms. Thanks to this sixth vertical in Lausanne, Kickstart Accelerator will be part of that development”, shares Patricia Schlenter, Program Manager at Kickstart Accelerator. Venturelab’s Director Jordi Montserrat is convinced that this trend will be growing further: “This development is fueled by multiple educational projects, cutting-edge research projects on learning technologies and promising digital education startups emerging in Switzerland and Europe. Bringing these actors together and helping them thrive by offering a collaborative space and building a strong support ecosystem, can significantly contribute to the development of the Swiss education and learning technology sector”.
If you are working on an education technology startup – it’s your time to shine. Apply for the EdTech vertical by July 10th, 2017 right here: www.kickstart-accelerator.com/edtech
We look forward to receiving your application!