It has always felt right to us to give more space to additive manufacturing startups. When it comes to companies that use the technology, it seems even more natural because they are a sign that the market is moving forward.
Indeed, since applications made possible with AM are increasingly being funded, more and more contests are popping up to give companies the opportunity to grow. The latest one that has just been launched is the global contest for startups developing new applications with 3D printing.
Named ‘Forward AM Innovation Award’, the global contest as the name implies is launched by Forward AM, the BASF 3D Printing Solutions brand.
With the goal of driving the adoption of Additive Manufacturing by supporting the work of entrepreneurs, originators of innovative, sustainable and scalable ideas that leverage the unique possibilities of 3D printing, Forward AM is backed here by an amazing team of industry insiders.
The latter include AMPOWER, AMT, Autodesk, HP, Photocentric, Sculpteo, and Ultimaker. AM Ventures, BASF Venture Capital GmbH, Deloitte and Women in 3D Printing.
In a press communication, Forward AM explains that they will select the startups, provide expert coaching sessions, and grant the winners access to their catalog of products and services for a total of EUR 185,000.
“Finalists can look forward to EUR 20,000 in goods and services, along with premium industry connections, coaching, and marketing exposure. At the Finals, the winning startup will then receive the Grand Prize of EUR 80,000 in goods and services to choose from the sponsors’ catalog. The winner will also have the opportunity to meet the venture capitalists of AM Ventures and BASF Venture Capital GmbH in a dedicated personal session.
The contest is flanked by two further awards: The Deloitte Sustainability Award offers EUR 10,000 in cash to the startup with the best sustainability strategy, while the Public’s Choice Award will reward the startup that wins the audience’s vote at the Finals in June with an extra EUR 15,000 in goods and services”, the company adds.
Applications are open until March 28, 2021. Entrepreneurs from all over the world are invited to apply via the Forward AM website.
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