Apply Now for LG NOVA Mission for the Future & Scale Your Enterprise!

LG believes that various inclusive views can result in higher innovation. LG NOVA, LG’s new innovation heart primarily based in Silicon Valley, is seeking to accomplice with modern startups and entrepreneurs. With its international attain and infrastructure, LG believes it’s in a super place to assist these concepts succeed for the betterment of individuals, communities, and the planet. The LG NOVA Mission for the Future 2022 is a world startup engagement program for startups and entrepreneurs to suggest their concepts to LG.

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Uncover the LG NOVA Mission for the Future 2022 Open Innovation Program

The LG NOVA staff and the Mission for the Future program have been set as much as supply assets to nurture and develop companies with startups. These assets embrace the chance for grant funding to discover pilots and proofs-of-concept (POCs) and/or fairness investments the place related.

Key Focus Areas of Mission for the Future 2022

LG NOVA’s Mission for the Future is looking for new and modern options in six key areas that enhance the standard of life for folks, communities, and the planet:

Digital Well being: Reworking the idea of well being and wellness.
Metaverse & Gaming: Constructing immersive, boundless experiences for all.
ESG & Electrical Mobility: Accelerating the expansion of sustainability.
Show Options: Altering way of life of individuals and neighborhood.
Good Life-style: Exploring new improvements for higher residing.
Open Innovation: Discovering new concepts that may assist create the longer term.

Mission for the Future Advantages & Alternatives

Startups chosen to advance on this program will enter an incubation and business acceleration program with the LG NOVA staff to additional take a look at and discover enterprise concepts. These firms might also be eligible for the next advantages:

Collaborate with LG for potential alternatives to develop multi-million-dollar engagements as new companies inside LG’s international innovation portfolio.
Obtain grant funding of as much as USD 100 000 for pilots, proofs of idea (POCs), or growth.
Obtain assets and potential investments from LG Electronics, LG Show, and different LG NOVA associates that might complete in thousands and thousands of {dollars}.

Vital Dates & Program Timeline

The deadline to submit your proposal is October twentieth – apply now!

Mid-October to December: Evaluations and Choice course of. LG NOVA could invite firms to come back to pitch their concept to the LG staff and work with EIRs.
January 2023 Onwards: Proposal concept/pilot formation course of with LG NOVA Incubation staff. The engagement course of continues.

Chosen firms will enter right into a six- to nine-month collaborative course of with LG. This will likely be a time for analysis, testing, and piloting. As much as 10 firms will likely be chosen because the finalists.

Are You Eligible for LG NOVA Mission for the Future?

The Mission for the Future 2022 is open to all varieties of candidates, together with:

Corporations of any measurement
Educational Researchers
Analysis Establishments
Entrepreneurs
Inventors

Groups and collaborative teams of a number of people or firms can even apply.

Why Work with LG NOVA?

LG NOVA’s Entrepreneurs-in-Residence are well-versed in what’s required to take a enterprise from startup to scale-up and past. They’re motivated to develop market match, advance product buyer testing, align assets, discover capital, facilitate introductions and increase utility concepts to assist startups succeed. Additional, LG NOVA advantages from its sturdy community of company companions, private and non-private organizations, advisors, and business leaders who’re able to construct a greater future.

Ready to collaborate with LG NOVA & globally scale your business? Apply today!

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