The connected car industry is a €141 billion business opportunity that so far is not well-exploited. IMPACT Connected Car is designed to give a boost to all parts of the value chain, including industry startups.
Projects selected for the program will “smartize” their startups while learning from experts in business, technology, corporations, and funding. IMPACT Connected Car is partnered with global brands including PSA Group, Ferrovial Servicios, and the Federation Internationale de l’Automobile.
Startups will have access to up to €60,000 per startup, equity free, in grants and up to €50,000 per startup equity free. Up to €2.1 million will be distributed.
Participating startups will be invited to have a special place in the Connected Car Open Space, a new platform that brings together the Connected Car community.
Finally, top startups will have the opportunity to receive private funding of up to €200,000 from participating venture capital funds.