- Aimed at: Startups/Scaleups
- Located in:
- Argentina
- Chile
- Brazil
- Germany
- Mexico
- Read more
Requirements
Startups
- Must be legally incorporated in one of the following countries: Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, Uruguay, USA and the UK.
- 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 one of the following countries: Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, Uruguay, USA and the UK.
- 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
The Santander X Global Challenge | The AI Revolution is an entrepreneurship competition for innovative startup and scaleup companies, with disruptive and scalable solutions in Artificial Intelligence. Aiming to address challenges arising from the interconnected and fast-paced world we live in, and that will drive accelerated progress towards new solutions to create lasting social and economic impact for millions of people. The competition is supported by Microsoft® and will also be judged by a panel that includes Microsoft® personnel.
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.
- Invitation for one team member per Winning Participant to Silicon Valley 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.
- Coaching from Microsoft's Co-Innovation VP.
- The opportunity to pitch to M12 (Microsoft Venture Capital).
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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