- Aimed at: Startups/Scaleups
- Located in:
- Argentina
- Brazil
- Chile
- Germany
- Mexico
- Read more
Requirements
Startups
- Must be legally incorporated in Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, Uruguay, the United Kingdom or the United States of America.
- Be technology based: focused on the development and/or manufacturing that uses leading edge scientific or technological knowledge systematically to produce new goods or services to the market.
- Be innovative: the solution includes a feasible and credible new technology, new technology application, new business model, or a new process. The maturity of the technology is referenced along with any patents or IP strategy associated with the solution.
- Meet at least one of the following criteria:
- Currently marketing a product/service that does not exceed annual sales revenue of $300k.
- Have raised capital between $100k and $1m.
- Have between 2 and 25 full time employees.
Scaleups
- Must be legally incorporated for at least 2 years in Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, Uruguay, the United Kingdom or the United States of America.
- Be technology based: focused on the development and/or manufacturing that uses leading edge scientific or technological knowledge systematically to produce new goods or services to the market.
- Be innovative: the solution includes a feasible and credible new technology, new technology application, new business model, or a new process. The maturity of the technology is referenced along with any patents or IP strategy associated with the solution.
- Meet at least one of the following criteria:
- Currently marketing a product/service with over $300k annual sales.
- Have raised over $1m.
- Have over 25 full time employees.
Exceptions:
- If the company meets the scaleup criteria, but has less than two years since their legal incorporation then it will be considered a startup.
- If the company has already won a previous Santander X Global Challenge (on the same category they are applying for), then they won't be considered eligible.
General information
Banco Santander and Oxentia Foundation are launching the Santander X Global Challenge | Countdown to Zero. An open call for startups and scale-ups to help society find the most innovative and sustainable solutions in different areas: mobility, logistics and transport, and carbon offsetting alternatives.
This new global challenge is aimed at startups and scale-ups within the Santander X global footprint with an innovative and technology-based product. The competition is supported by F1® as part of their commitment to Net Zero by 2030 and will be judged by a panel that includes F1® personnel.
Applications are open until September 8, 2022.
Solutions should address issues aligned with one or more of the following challenge verticals:
- ON THE TRACK: How can your solution play a critical role in the future of mobility with net-zero carbon emissions?
- ON THE MOVE: How can your solution help transportation become more environmentally friendly? Could your solution address challenges from the various uses of trucks, ships & airplanes?
- BALANCE TO ZERO: How can your solution create credible offsets and breakthrough CO2 sequestration, capturing, and utilisation programs?
The F1 logo, FORMULA 1, F1, GRAND PRIX and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.
Reward
The six winning solutions (three startups and three scale-ups), will receive the following benefits:
- Financial support for the development of their solutions. A total of €120k.
- Promotion to drive local and global visibility and acknowledgment of the winning solutions through some of Santander Group's portals and social media channels.
- Invitation to one team member per Winning Participant to the FORMULA 1 GRAN PREMIO DE LA CIUDAD DE MÉXICO 2022 where the awards ceremony will be held.
- Membership to Santander X 100, Santander X's prime community where members are provided with valuable experiences and/or useful connections to be able to progress with their businesses.
- Access to EIT InnoEnergy Innovation Engine to design and support the Winning Participant’s acceleration roadmap to growth.
- The opportunity to present and pitch its entry to FOML personnel.
Call guidelines
Collaborators
Call stages
Contact to make enquiries about this call
To resolve queries about this call, you can contact the manager of the call by writing to:
Sx.challenge@oxentia.com
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