Hyundai Motor Group announces '2021 ZER01NE accelerator' open call to collaborate with startups

• 2021 ZER01NE Accelerator open innovation #platform invites startups to collaborate with #hyundai Motor Group on future technologies
• Applications can be submitted under eight different technology themes, July 1 – 29 
  
  

SEOUL, July 5, 2021 – #hyundai Motor Group (the Group) announced its #2021zer01neaccelerator, an open innovation #platform to facilitate #collaboration between startups and the Group on various projects. This program aims to discover valuable startups and explore the possibilities of strategic usage of their innovative technologies.

Startups can apply to one of the 45 projects derived by the Group’s internal teams under eight key themes: mobility and logistics, eco-tech, in-car UX, vision AI, AI analytics, materials, drones, and robot material, and interactive contents.

Startups can only apply for one specific project. The Group’s organizations that are responsible for technology developments will be directly involved in reviewing and recruiting the applicants for each project.

Only registered corporations will be eligible for consideration and can submit their application on the official application website from July 1 to July 29.  Results will be announced on September 8th.

Selected startups will be provided with a project development budget and have the opportunity to be evaluated for equity investments.

Since ZER01NE Accelerator was introduced in 2018, 60 teams from nine affiliates of the Group and 73 startups have worked together on 64 collaborative projects. This has led to 39 startups successfully receiving equity investments from the Group.

More details about the #2021zer01neaccelerator can be found on the program’s official website.