2017 Challenges



We are working with ABB Drives and Controls to provide funding and support for ideas or ventures that can help solve one of our challenges below.

Find out about drives and controls

challenge-1

Simplicity

Simple is harder than complex. How could we simplify drives and motors in industry?

challenge-2

Intelligence

It’s not the data you have, it’s what you do with it. What exciting things can you do with industrial data?

challenge-digital

Connectivity

No drive is an island; how could you securely bring all industrial devices into the connected conversation?

Not sure which challenge fits your idea or venture?

Ask us

How does it work?

Submit your idea

Complete and submit a short application form on this site before 31st January 2017 – only include information already in the public domain

Get shortlisted

We select the best ideas and ventures during February 2017 and contact them directly to invite the winners to attend our April pitch day event

Make your pitch

Pitch your idea or venture directly to ABB Drives and Controls - we will select the best ideas or ventures to receive an offer from ABB Drives and Controls

Get an offer

We will make you an offer which could include funding, lab access, venture support or market access based on your needs

What’s in it for you?

Successful applicants will be invited to pitch their ideas and prototypes directly to ABB Drives and Controls at a live pitch event in April for the opportunity to be selected to receive an IdeaHub offer.

Funding

Investment in return for a share of equity - the level of funding will be based on what it takes to get your concept or business to the next significant milestone

Drives and lab space

We can provide access to drives technology to further test, refine or prove your solution - we can also provide access to world-class technology experts and provide shared lab space if required

Venture support

Benefit from the advice and expert support of an experienced technology team to develop and accelerate your concept or venture towards funding and revenues

Market Access

If you are ready, we can provide support to access global markets or provide direct access to customers for in-market testing or initial sales

Funded concept sprint

If relevant, we can help frame and fund a focused concept acceleration sprint to help your technology breakthrough to the next level

Your IdeaHub offer will be designed to successfully take you, your idea and your venture to the next level of development

Don’t see anything for you right now?

Enter your email address and we’ll notify you as soon as new challenges come online.

 

We won’t spam you and will only use your email address to notify you of new challenges. You can unsubscribe at any time from these notifications or email info@theideahub.co.uk to be removed from the list.