Press Releases

Announcing the InnoVEX 2024 Pitch Contest Top 15 Finalists

2024-05-28

The Pitch Contest has been one of the mainstays of InnoVEX and this year, the InnoVEX Pitch Contest focused on various emerging industries, including: AI, Green Tech, Healthcare & Biotech, Semiconductor Applications, Smart Mobility, and more. The InnoVEX 2024 Pitch Contest was joined by 17 countries and regions including Taiwan, Germany, Hong Kong, Taiwan, India, Poland, Singapore, etc.

The InnoVEX 2024 Pitch Contest features a prize pool valued at a total of USD 100,000 which includes USD 63,000 in cash prizes as well as a number of professional and promotional resources. The prizes are provided by the organizers as well as the sponsors: The Ministry of Transportation and Communications (MOTC), the Small and Medium Enterprise and Startup Administration (SMESA) of the Ministry of Economic Affairs (MOEA), Business Startup Support Centre (BSSC), KPMG, NVIDIA, NXP, the ResorTech EXPO in Okinawa Executive Committee, PwC, and Taiwania Capital.

The finalists of the InnoVEX 2024 Pitch Contest are:

• The winner of the Grand Prize will receive a USD10,000 cash prize; in addition to a free standard booth at InnoVEX 2025, promotional resources from InnoVEX, and unmatched networking opportunities with venture capitalists and industry experts.
• The Future Star Award is dedicated for Early Stage startups (pre-launch angel round) and the winner will receive promotional support as well as an invaluable opportunity for matchmaking with VC judges.
• The Smart Mobility Award is sponsored by the MOTC and will include a USD 10,000 cash prize. The winning team will have an opportunity to join the Intelligent Transportation Experiment Field project in Danhai New Town (D-City). Teams interested in applying for the Smart Mobility Award are encouraged to include how their innovation are relevant to “C-V2X” or their existing applications and advantages in the “C-V2X” field in the uploaded Pitch Deck.
• The Startup Terrace Award is sponsored by the SMESA and will include up to USD 20,000 cash prize as well as residency at the co-working space at Startup eTerrace. The winner of this award must agree to reside in the Taiwan Startup Terrace Linkou or Startup Terrace Kaohsiung for at least 1 year. Please note that the award is limited only to international startups.
• The BSSC Award is sponsored by the Business Startup Support Centre (BSSC) and the winner will receive rewards valued at USD 10,000 which includes exhibition subsidy and promotion resources for attending to InnoEx 2024 which will be held in Vietnam from August 24 – 25.
24 KPMG Energize Program for Entrepreneurs, 7 hours of KPMG consultation, and an option to participate in KPMG Meet & Match closed-door matchmaking events. Please note that the KPMG Award is limited only to Taiwanese startups.
• The NVIDIA Award will be awarded to up to 3 winners and will prioritize startups with products or solutions in AI. The winners will receive and can apply for the Inception Program getting startups acceleration resources provided by NVIDIA.
• The winner of the NXP Award will receive a USD 10,000 cash prize.
• The Okinawa Innovation Award is sponsored by the ResorTech EXPO in Okinawa Executive Committee and the winner will receive a total value of JPY 2,630,000 rewards including JPY 100,000 cash prize; subsidy and promotion resources for attending the ResorTech EXPO 2024 which will take place in Okinawa on November 14-15, 2024; as well as 1 free exhibition booth in CEATEC 2024 which will be held in Tokyo on October 15-18, 2024.
• The PwC Award will provide the winner with startup consultation resources from PricewaterhouseCoopers (PwC) valued at USD 10,000. PwC will invite the winner to join the “PwC Startup Accelerator Scale Programme” which includes over 3 months customized counseling plan, at least 10 counseling hours, and the co-marketing and media promotion from PwC Startup Accelerator. Please note that this award is limited only to Taiwanese teams or international teams that have established a company in Taiwan.
• Taiwania Capital Innovation Award will provide NTD 300,000 cash prize to the winner. The selection focuses on innovative technologies with international competitiveness. This award also aims to support startups in Southeast Asia, USA, Japan, and Central & Eastern Europe or startups that intend to expand to the Central and Eastern European markets.

●InnoVEX 2024 Event Overview●

【Media Contact】

Taipei Computer Association    Tel: +886-2-25774249  Fax: +886-2-25785392

David Liu ＃360  Email: david_liu@mail.tca.org.tw

Sharlene Hung ＃324  Email: sharlene@mail.tca.org.tw

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