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Nokia Open Innovation Challenge 2018

We create the technology to connect the world

In partnership with ngp   
Operated by Nokia Bell Labs

OIC Hero

 

The Nokia Open Innovation Challenge, in partnership with NGP Capital, is looking for new innovative products and solutions within the Industrial IoT domain. It is time to submit your greatest ideas for technology and business models which could change the world. Together with Nokia Bell Labs experts and mentors you can make a difference and potentially grow your business to new levels.

We are once again looking for the latest innovative companies around the globe to put forward their ideas for the possibility to collaborate with Nokia Bell Labs researchers to enhance or create the first commercial implementation of their product.​

Our target is to find a company which could potentially be a partner for Nokia for joint innovative solutions. The journey from an early stage product to a mass market one is usually a long one but let's give it go. After all, with Nokia's resources and experience you might have a global business in your hands. So let's collaborate! 

Apply

Process and timeline

 

 
Submission phase 1, July 5 to Sept 6, 2018

“Your proposal needs to include a product or a solution which will rock the world of Industrial IoT ”.

Please fill the submission template with the requested information. There are a number of mandatory questions which are required to be filled to qualify for the challenge and the next round. 

After this phase there is pre-review done by IoT experts and 200 most interesting submissions will be selected for Assessment round 1. 

Deadline: September 6, 2018

 

 
Assessment round 1, Sept 17 to Oct 1, 2018

Within this phase Nokia experts will assess your application and select the most promising ones for the next submission phase. 

Results announcement: after 1st of October 2018.
Selected companies: 20 (All companies will be informed by Nokia whether they are selected)

 

 
Submission phase 2 - Video, Oct 5 to Oct 15, 2018

Now we have reached the phase where only the best out of the best are anymore in the game. 

You have now 10 days to complete a max 5-minute video presenting your startup and how your concept makes you unique. There will be also section for questions which you will receive from us.  

We would utilize public format of "URL field", which allows an applicant to add a YouTube or Vimeo URL. 

 

 
Assessment round 2, Oct 17 to Oct  26, 2018

During this phase, panels of executive experts and mentors from Nokia and ngp capital will review your video submission and online application and select the most promising ones for the final phase. 

Result announcements of the selection will be shared via email on your registered address (latest 31st of October 2018).

Results announcement: October 31, 2018
Selected startups: up to six finalist

 

 
Pre final, Dec 5, 2018

Congratulations, we consider your company the creme de la creme of all received applications!

During this day you have the possibility to meet f-2-f with your mentor assigned to you. 

You have the possibility to brush up your pitch and demo.

Prepare yourself for the Grand Final!

All are winners here!

Winners: Up to six

 

 
Grand final, Dec 6, 2018

TODAY is the DAY! 

You now have 8 minutes (5 minutes pitch & 3 minutes Q&A) to convince our executive jury that your concept/technology is the one we should look as a next possible future innovation.

You will compete alongside up to six other companies for a cash prize and other opportunities to work with Nokia Bell Labs.

Pitch format: 5 minutes & 3 minute Q&A.
Results announcement: at Nokia Bell Labs HQ, Murray Hill NJ, USA
Winners: NOIC Executive Jury will select the winner/s. Jury has the power of discretion to allocate the cash price to the best and the most promising companies. Possibility that there is only one grand winner!