Mapic Academy Challenge – Europe

MAPIC Academy Challenge is the opportunity for young retail companies established within the last five years and willing to launch a new physical retail concept, to gain financial and expert support to develop their ideas and concepts.

As a participant, you’ll have the opportunity to access a network of experts and showcase your ideas at MAPIC 2024.

Funding Information

• Win €10 000 & a Pop-up store, Mentoring & Coaching, Visibility at MAPIC 2024.

5 Categories

• New retail brand
  • Companies willing to launch and operate new retail concept in physical spaces (clothing, people services, DIY, wellness, health & beauty).
• Online retailer
  • Companies with prior online retail experience, looking to expand into physical retail.
• Sustainable & socially conscious new retail brand
  • Companies prioritizing social responsibility and sustainability and willing to open a physical store.
• New leisure concept
  • Companies willing to launch and operate new leisure concept (entertainment, culture, sport, AR/VR, immersive experience) in physical spaces.
• New food & Beverage concept
  • Companies willing to launch and operate new restaurant concept in physical spaces.

Rewards

• Up to €10,000
  • For the winner of the challenge: Up to €10,000 offered by MAPIC to participate in their development.
• a free pop-up store offered by Nhood / Ingka Centres
  • For the winner of the challenge: The opportunity to operate a free pop-up store inside one of the property assets owned by Nhood and Ingka Centres.
• Visibility at MAPIC 2024
  • For the 5 finalist companies:
    • A desk in the Retail Village with 2 VIP entrances to the show, (including accommodation) in Cannes.
    • On-site display, online promotion through MAPIC communication channels to the retail real estate community: email, website announcement, social media, PR.
• Mentoring & coaching
  • For the 5 finalist companies:
    • A mentoring & coaching day in Paris with training modules on direct and franchise development, business plan challenges, legal guidelines & commercial lease.
    • This opportunity will provide valuable insights from industry experts to help the finalists grow their businesses!

Criteria

• Qualifiers
  • The candidate retail brand is less than 5 years old
  • The candidate retail brand does not yet have a physical location OR has a maximum of 1 physical location and wishes to develop his(her) concept in a physical location in a commercial space (shopping centre / outlet / retail park / department store / city centre commercial space)
  • Company already established with headquarters in one of the European countries
• Non-qualifiers but will be considered to select the 5 Retail Concepts of the Mapic Academy 2024
  • The brand is original in its positioning, offer and growth potential
  • Corporate Social Responsibility impact.

For more information, visit Agorize.