Friday, 11 March 2016

Kick-off for the CODE_n16 startup contest "Unveiling Digital Disruption" - Photonics 4.0 in the focus

Contestants can apply until 31 May 2016 for any of the four contest clusters looking for innovative business models in the field of "Photonics 4.0", "Applied FinTechs", "Connected Mobility" and "HealthTech". 50 finalist startups will present their business models at the CODE_n new.Festival and have the chance to win a prize of 30.000 €.

A jury of experts will select 50 startups to present their business models at the CODE_n new.New Festival which will take place at the Center for Art and Media in Karlsruhe, Germany from 20 - 22 September 2016. The event aims to bring to life how digital transformation is affecting industry, focusing on inspirational concepts and allowing the participants to exchange their visions of tomorrow's digital trends with others.

The selected 50 finalists will have the opportunity to showcase their business and can take part in the conference programme, pitch sessions and workshops. Interested startups which were founded in 2011 or later and would like to take part in the contest can apply at:

“We’re looking for pioneering new software, hardware solutions, or IT-based business models that will enable the digital transformation of entire industries and permanently improve people’s quality of life. There’s so much entrepreneurial spirit out there, but it’s still not out for all to see - on the surface. Yet there’s such strong demand for all kinds of new business ideas and innovative technologies – breakthrough ideas that improve the quality of life, connect people across the globe, and secure long-term business growth,” states Ulrich Dietz, initiator of CODE_n and CEO of the GFT Group.

Global companies like Photonics21 Board of Stakeholders member TRUMPF will take on the patronage of the individual contest clusters. TRUMPF will promote the cluster Photonics 4.0 highlighting how light can change industrial processes, the working world and modern social interactions. It looks at new technologies for industry, society, and the environment – laser systems, image processing solutions, or optical sensors. The success of manufacturing in a future era of Industry 4.0 will be determined by how well complex production machinery can be integrated with intelligent human-machine interfaces (HMIs). Two further concepts that are central to this cluster are augmented reality and 3D printing. “Photonics technologies enable technical revolutions in areas like power transmission and data transfer, data processing, secure communications, and the production of a variety of products ranging from memory chips to vehicle bodies. Using light intelligently will help us live secure and convenient lifestyles, also giving us a deeper understanding of the world around us. For example, this could be through optical screening or detection technology. Our aim is to work with ambitious startups to cast the public spotlight on such innovations,” states Dr. Peter Leibinger, Vice-Chairman of the Managing Board at TRUMPF GmbH + Co KG.

Any further details on the contest are available if you download the contest announcement or go to the CODE_n blog.

For any further details please view the press release.

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