- Aimed at: Startups/Scaleups
- Located in:
- Argentina
- Brazil
- Chile
- Germany
- Spain
- Read more
Requirements
Startups
1 - Must be legally incorporated in one of the following countries: Argentina, Brazil, Chile, Germany, Mexico, Poland, Portugal, Spain, Uruguay, USA and the UK.
2 - 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.
3 - 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.
4 - 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.
Scaleups
1 - 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.
2 - 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.
3 - 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.
4 - 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.
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 or if they are already a member of the Santander X 100 community then they won't be considered eligible.
General information
Banco Santander and Oxentia Foundation are launching the Santander X Connects | Way to Santander X 100 to seek startups and scaleups with innovative and scalable solutions. The aim of both institutions is supporting innovation to improve productivity and employment, as well as to solve problems relevant to society.
This new global programme is aimed at startups and scaleups from 11 countries (Germany, Argentina, Brazil, Chile, the US, Spain, Mexico, Portugal, Poland, the UK and Uruguay), with an innovative and technology-based product.
The Way to Santander X 100 provides a point of entry which will be open periodically until the end of the year and welcomes applications from all technology sectors, and can be accessed at stipulated call windows by startups and scaleups.
Selected startups and scaleups receive membership to Santander X 100, Santander’s prime community of elite entrepreneurs.
Reward
All successful applicants will have access to Santander X 100, Santander X's prime community of leading start-ups, which connects them to the resources they need to grow:
Perks and benefits of the Santander X 100 community includes access to :
- Training programs, talks and specialized mentorin
- Connections across the bank; including FinTech Station and Corporate Investment Banking
- Potential customer attraction and retention support
- Santander Talent Pool and Summer Interns
- Specialized Demo Days or Roadshows
- Networking with other Startups and Scaleups, and partners of the community
- Investment Capital
- Valuable resources and courses
Call guidelines
Collaborators
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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