The competition can be held Startups from Europe that sell physical products to consumers. A jury will initially shortlist 15 finalists, from which the five most innovative startups will be selected. The five finalists will each receive €10,000 in prize money, free access to the startup marketplace Amazon Launchpad for one year, and advertising placements. The first-place "Startup of the Year" award will receive an additional €90,000.
Launchpad Innovation Award aims to offer startups “an additional stage”
"Innovation is part of our culture. In the interest of our customers, we are constantly evolving ourselves and our offerings. This includes offering small businesses a launching pad for their innovative ideas,"
says Xavier Flamand, Director EU Seller Services.
"Since launching Amazon Launchpad, we've supported over 2,000 startups in Europe. With the awards, we're now creating an additional platform for emerging brands and are looking forward to inspiring our customers with many new and innovative products."
Startups applying for the award must be trademark owners and registered in the European Union, the United Kingdom, or Switzerland. They must also employ fewer than 50 people, have been operating for less than 10 years, and have an annual turnover of less than €10 million.
Further information and the opportunity to apply are available online.
