- 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
Banco Santander, Philips and the Oxentia Foundation are launching the Santander X Global Challenge | Reimagine Silver Age, a global challenge for startups and scaleups from 11 countries (Argentina, Brazil, Chile, Germany, Mexico, Portugal, Poland, Spain, United Kingdom, USA and Uruguay) with innovative solutions that help address the deep social and economic implications of increasing life expectancy.
Applications will remain open until 11 August at Santander X.
The solutions of the candidate companies should focus on one of the four key areas:
- Preventive healthcare and early detection: Companies that use artificial intelligence and data to personalise the prevention and early detection of age-related diseases, promote healthy habits, mental well-being, and health monitoring, including innovations in risk assessment.
- Assistive technologies and independent living: Innovative technologies that help older adults live with more autonomy, security, and confidence in their daily lives, at home or in the community, through smart home technology, robotic assistance, or remote monitoring, coordinating care and emergency response.
- Financial planning for a long life: Projects with financial solutions that support financial well-being, helping to plan for a longer life, ensuring stability, protection against fraud, and new forms of economic participation in old age.
- Well-being, connections and continuous learning: Solutions that promote mental resilience, continuous learning, and emotional well-being through digital tools that reduce isolation and stimulate cognitive health and intergenerational connection.
If you have a solution that fits in any of these verticals, do not hesitate to apply!
Reward
There will be six winning projects, which will receive the following rewards and benefits.
- €120,000 for the winners: 3 start-ups: €10,000 each / 3 scale-ups: €30,000 each
- Access to Santander X 100: The Santander X community offers the most outstanding start-ups and scale-ups networking and access to the resources they need to grow.
- Connection to Fintech Station: The winning start-ups and scale-ups will have access to Banco Santander's open innovation team to explore opportunities for collaboration.
- Mentoring and connections to Philips relevant Business Units.
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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