Deadline: 12 December 2023
Banco Santander launches, together with Oxentia Foundation, a global challenge for entrepreneurs from 11 countries with innovative solutions in the field of the digital economy.
Companies that help the digitalization of the industry, the improvement of the user experience and the stability and growth of the company with the optimization of processes.
This initiative aims to support and promote the growth of the entrepreneurial ecosystem linked to technologies that support the development of the digital economy, such as the Internet of Things (IoT) and providing a platform for startups and scaleups to showcase their solutions in digitalization, in the fields of industry, business and society.
Categories
Technology-based startups and scaleups from 11 countries, with disruptive and innovative cybersecurity solutions.
- Startup category
- Legally incorporated in one of the participating countries, meeting at least one of the following criteria: annual income that does not exceed $300,000, with capital raised between $100,000 to $1 million, or between 2 and 25 fulltime employees.
- Scaleups category
- Legally incorporated for at least two years in one of the participating countries, meeting at least one of the following criteria: annual income over $300,000, more than $1 million capital raised, or over 25 fulltime employees.
Perks & Benefits
- The winning teams will receive cash prizes, access to Santander X 100 community, the exclusive community for the most outstanding startups and scaleups of Santander X, connection with the Open Innovation area of Banco Santander and will be able to attend Barcelona 4Y4N (Spain), a leading international fair in the technology sector, where the prizes will be awarded to the winners of the challenge.
- Additionally, the winning teams will receive recognition and promotion through Santander’s media channels.
- Barcelona 4Y4N
- Invitation to one member of each winning team to the awards ceremony at the 4Y4N event in Barcelona. The invitation includes travel costs, accommodation and transfers.
- Cash prize
- € 120.000 for winners:
- 3 startups: €10,000 each
- 3 scaleups: €30,000 each
- € 120.000 for winners:
- Santander X 100
- Access to Santander X 100, the prime community of Santander X’s most exceptional entrepreneurial startups and scaleups.
- Promotion
- Promotion on Banco Santander’s social media and official channels.
- Barcelona 4Y4N
Criteria
- Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, United Kingdom, Uruguay and USA.
- Applications are open for cybersecurity focused startups and scaleups.
For more information, visit Banco Santander.