EURO ENGINEERING AND DIGITAL MAGICS LAUNCH CAR INNOVATION 2016: “CALL FOR IDEAS†FOR THE STARTUPS IN THE AUTOMOTIVE SECTOR
Partners: Allianz Global Assistance, CRF of the group Fiat Chrysler Automobiles (FCA), IBM, Innogest SGR, Magneti Marelli, “Sapienza†Università di Roma.
Media Partner: Wired Italia
All ideas should be submitted no later than April 9, by filling out the form on: http://carinnovation.digitalmagics.com/
Milan, March 24 2016 – Euro engineering, an engineering consultancy company of Adecco Group and Digital Magics, business incubator listed on AIM Italia market of Italian Stock Exchange (symbol: DM), launch CAR INNOVATION 2016: call for ideas addressed to all startups that develop original products and innovative business models in the automotive innovation sector, from connected vehicles to the autonomous ones, from entertainment on-board to computer security.
The objective of the call for ideas is to find the best Italian projects – capable of bringing real innovation to a sector that has always seen Italy at the forefront – which must have as their theme:
- Infotainment
- Telematica
- Connected vehicle
- Cybersecurity
- Powertrain/propulsion system
- Style
- Fuel efficiency/hybrid vehicle
- Autonomous vehicle
The partners of the initiative are:  Allianz Global Assistance, world leader in travel insurance, assistance and personal services, a company of the Insurance group Allianz SE Group, CRF Research Center of the Fiat Chrysler Automobiles (FCA), the 7th car manufacturer in the world, IBM, which has always been committed to innovation in the service of companies, which is a leader in the cloud services and enterprise solutions for e-commerce and digital marketing, Innogest SGR, the leading venture capital fund in Italy, Magneti Marelli, multinational group, leader in the design and manufacture of high-tech systems and components for motor vehicles, “Sapienza†Università di Roma, one of the largest Italian university centers which, thanks to Sapienza Innovazione operates through interdisciplinary platforms that act as an interface between research and productive context.
Media Partner of the competition is Wired Italia.
10 ideas will be selected among all those sent to http://carinnovation.digitalmagics.com which on April 11 will participate, within the co-working campus TAG Milan Calabiana, in a tutoring session and mentorship with Digital Magics and euro engineering and following this, the founders of the 10 projects will be called to discuss their pitch before the jury, composed of the partners in the initiative, which will choose the best startups of CAR INNOVATION 2016.
PRIZES
Digital Magics and euro engineering offer:
- 2 months of incubation and 4 units within Digital Magics premises
- technological advisory services with a team of euro engineering’s engineers
All the startups meeting the requirements will be offered the opportunity to send their applications to join the IBM programs for startups and get credits for use on the IBM Cloud.
In addition, the 10 participants startups will have the opportunity to:
- be evaluated by Innogest SGR for a possible investment.
These awards may also have others offered by the partners of CAR INNOVATION 2016.
For further information please refer to terms and conditions. To participate just send your idea to http://carinnovation.digitalmagics.com/ Â no later than April 9 2016.
Marco Guarna, Managing Director of euro engineering Italia, says: “We at euro engineering are very happy to develop this event together with Digital Magics and we hope that the call for ideas will constitute a catalyst for our innovation activities in the automotive sector from infotainment to propulsion systems.”
Edmondo Sparano, Chief Digital Officer and Board Member of Digital Magics, said: “Here at Digital Magics, we have always followed with the utmost of care all the ‘disruption’ of each market, particularly in sectors where Italy has been at the forefront. The partnership with euro engineering for CAR INNOVATION 2016 represents the entrance of our incubator into the automotive world. The importance of the partners involved shows how the ‘Open Innovation’ and the collaboration with digital startups are necessary for Italian companies. We are sure that the selected startups will have a high quality showcase, a great chance to assert themselves, and that they will give us great satisfaction.”
euro engineering is the engineering consulting company founded in Germany in 1994 and since 2012 also present in France and Italy. With more than 3,000 employees, each day it is working alongside clients to create innovative solutions with them, designed to suit individual needs. The goal of euro engineering is to ensure standard of excellence in every situation. In Europe today it has a network of 56 branches and 4 Competence Centres where teams of engineers develop projects in the Automotive, Automation and Robotics, Railway Technology, Commercial vehicles and chemical plant construction – all within their laboratories of research and development.
Digital Magics, listed on AIM Italia (symbol: DM), is an incubator of digital projects that provides consulting services and acceleration services to startups and enterprises, to facilitate the development of new technological businesses. Thanks to the partnership with Talent Garden and Tamburi Investment Partners, Digital Magics has created the most important national platform for innovation for DIGITAL MADE IN ITALY, by offering services for the digital transformation and “Open Innovation†to excellent enterprises, while providing support to innovative startups to create successful projects, from conception to IPO. The incubation and acceleration services offered by Digital Magics are active in the TAG co-working campuses present throughout Italy. Complementary services include investment activities, which have produced over the years a portfolio of 53 investments in startups, scaleups and digital spinoffs with high growth rates. Accelerated companies are flanked by Digital Magics LAB, a team of highly experienced business partners, and benefit not only from the large network of private and institutional investors that support them through “club deals”, but also from the many partner companies that support them on an industrial scale.
Integrae SIM acts as a Nomad and Specialist under the AIM Italia Issuers Regulations. For communication transmissions, Digital Magics makes use of the SDIR-NIS circuit, operated by BIt Market Services, a subsidiary of the London Stock Exchange Group
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For further information:
euro engineering – Press Release
Lodovico Priori – Mail: lodovico.priori@adecco.it
Tel. +39 0288143016 Mob. +39 3484777639
Digital Magics – Press Office
Giorgio Bocchieri – Mail: giorgio.bocchieri@digitalmagics.com
Tel. 02 52505202 – Mob. 334 6853078
SEC Public and Institutional Relations – Media Relations
Angelo Vitale – Mail: vitale@secrp.it
Tel. 02 6249923
IR Top – Investor Relations
Floriana Vitale – Mail: f.vitale@irtop.com
Domenico Gentile – Mail: d.gentile@irtop.com
Tel. 02 45473884
Integrae SIM – Nomad
Mail: info@integraesim.it
Tel. 02 78625300
