Startups that want to apply for Samsung for Impact should use their solutions to achieve the goals of the European Green Deal During the six-month accelerator, the three winning teams will receive, among other things, individual strategic coaching and access to experts, investors, and partners. In addition to prize money of €30,000 – €15,000 for the first-place winners, €10,000 for second place, and €5,000 for third place – the program also provides the winners with technical equipment.
Samsung for Impact focuses on three areas
The program provides support to startups to scale their solutions so they can actively contribute to environmental and climate protection. The focus is on three areas of action:
- “Sustainable industry” aims to apply cutting-edge technology to industrial production and thus create a sustainable circular economy.
- “Sustainable mobility” describes the goal of using intelligent solutions to ease the traffic and goods transport situation in all areas and to reduce emissions.
- “Climate action” refers to the reduction of greenhouse gases through innovative solutions and completely new technological approaches.
Teams that are unsure whether their idea fits into one of the three categories are also encouraged to apply. The organizers will review all submissions.
The accelerator program is run by Impact Hub Berlin in collaboration with Samsung and the Social Entrepreneurship Network Germany (SEND) carried out.
