- Aimed at: Startups/Scaleups
- Located in:
- Argentina
- Chile
- Brazil
- Germany
- Mexico
- Read more
Requirements
All applications must 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.
- 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.
1. Startups
Must be legally incorporated in one of the following countries: Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, Uruguay, USA, and the UK.
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.
2. Scaleups
Must be legally incorporated for at least 2 years in one of the following countries: Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, Uruguay, USA, and the UK.
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), they won't be considered eligible.
- If the company is legally incorporated in any other countries but has a strong and demonstrable business presence in one of the challenge countries, it will be considered eligible
General information
In collaboration with the Oxentia Foundation, Banco Santander launches a new global challenge to find solutions that promote access to education and lifelong learning, help improve employability, empower companies to spot top talent, strengthen entrepreneurship, promote sustainable growth, and aid startups to efficiently access key resources.
This initiative aims to help companies working to change the world where technological advances and work dynamics make support for education, employability, and entrepreneurship essential.
Solutions should address issues aligned with one of the following challenge verticals:
1. Education
Improve accessibility, participation, and learning outcomes.
- We are looking for businesses with innovative initiatives in one of the following areas: online learning, skills development platforms and educational tools to promote inclusive education, personalised learning platforms powered by AI, virtual reality for immersive educational experiences, or adaptive technologies to fit diverse learning styles.
2. Employability
New digital technologies that maximize people's opportunities to find a job and companies to identify the best talent.
- This may include solutions to help candidates with augmented reality simulators for selection interviews or AI platforms that, based on the profile, offer personalized job opportunities, identifying the skills to develop for a specific position or career plan. In addition, we seek AI solutions, among others, to support companies in identifying key skills that are not shown in traditional recruiting processes.
3. Entrepreneurship
Solutions that promote the creation of new ventures or accelerate the growth and transformation throughout their life cycle.
- Some of the highlighted solutions could be disruptive incubation programs to generate new start-ups and access to resources to scale such as crowdfunding/financing solutions, mentoring platforms, key perks & benefits to grow and community generation.
Reward
There will be six winning projects, which will receive the following rewards and benefits.
- Financial support for the development of their solutions. A total of €120k (€10,000 per startup; €30,000 per scaleup).
- Promotion to drive local and global visibility and acknowledgment of the winning solutions through some of Santander Group's portals and social media channels.
- 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.
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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