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 middle primarily based in Silicon Valley, is trying to accomplice with progressive startups and entrepreneurs. With its world attain and infrastructure, LG believes it’s in an excellent 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 worldwide startup engagement program for startups and entrepreneurs to suggest their concepts to LG.

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

The LG NOVA workforce 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 progressive options in six key areas that enhance the standard of life for folks, communities, and the planet:

  • Digital Well being: Remodeling 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 life-style of individuals and neighborhood.
  • Sensible Way of life: Exploring new improvements for higher dwelling.
  • 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 workforce to additional take a look at and discover enterprise concepts. These corporations 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 world innovation portfolio.
  • Obtain grant funding of as much as USD 100 000 for pilots, proofs of idea (POCs), or improvement.
  • Obtain assets and potential investments from LG Electronics, LG Show, and different LG NOVA associates that might whole in hundreds of thousands of {dollars}.

Vital Dates & Program Timeline

The deadline to submit your proposal is October twentiethapply now!

  • Mid-October to December: Evaluations and Choice course of. LG NOVA might invite corporations to return to pitch their concept to the LG workforce and work with EIRs.
  • January 2023 Onwards: Proposal concept/pilot formation course of with LG NOVA Incubation workforce. The engagement course of continues.

Chosen corporations 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 corporations 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 sorts of candidates, together with:

  • Firms of any dimension
  • Educational Researchers
  • Analysis Establishments
  • Entrepreneurs
  • Inventors

Groups and collaborative teams of a number of people or corporations may also 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 develop utility concepts to assist startups succeed. Additional, LG NOVA advantages from its sturdy community of company companions, private and non-private organizations, advisors, and trade leaders who’re able to construct a greater future.

Able to collaborate with LG NOVA & globally scale your enterprise? Apply right this moment!


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