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The Hyundai Motor Group presents its acceleration program for startups

The open innovation platform ZER01NE Accelerator 2020 facilitates collaboration between startups and teams from the Hyundai Motor Group on future technology projects.

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The Hyundai Motor Group presents its acceleration program for startups
The Hyundai Motor Group presents its acceleration program for startups

The Hyundai Motor Group presented their ZER01NE 2020 accelerator, an open innovation platform that facilitates collaboration between new companies and the group’s internal teams on various projects.

This program discovers valued startups and develops strategic opportunities for deploying their new technologies.

Different teams within the group have developed a total of 50 ZER01NE accelerator projects on 10 topics including data, user experience, human-machine interface, mobility, freight, robotics, smart factory, logistics, healthcare and materials.

Who can participate?

Startups that are legally registered and interested in industries like Artificial Intelligence, Smart Mobility, Smart City, New Energy, and Robotics. Interested parties can only apply for one of these projects. Teams responsible for technology developments are directly involved in reviewing and hiring new companies to collaborate.

You can apply from November 16 to December 27 on the application’s official website. The results will be announced in early February 2021.

The selected startups receive a budget for developing the project. The Group will also examine the possibility of capital investments between the selected companies.

Since the introduction of the ZER01NE Accelerator in 2018, eight group companies and 54 startups have participated in the program, resulting in 48 joint projects and 35 participations for startups.

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