The Samsung Climate & Circularity Tech Challenge has been introduced by Samsung and Extreme Tech Challenge(XTC). The largest startup competition in the world is run by the nonprofit XTC, which encourages entrepreneurs to improve society, backing up the top businesses, VCs, foundations, policymakers, academic institutions, and tech conferences. Interested candidates can take up the challenge by registering before July 31, the deadline for applying.
A live finale event will take place on September 18 after the finalists are revealed on August 28.
The goal of the challenge is to find companies and inventors that are working on cutting-edge home electronics that can be incorporated into Samsung’s extensive line of cutting-edge products as well as their production methods. This world challenge is open to good tech inventors and creators whose concepts might be included in the following generation of home electronics, including TVs, smartphones, tablets, home appliances, etc.
The objective of the competition is centered on climate change and the circular economy to find new innovative solutions that adhere to the principles of Samsung’s New Environmental Strategy. Submissions that stand out might be included in Samsung’s extensive line of goods and production procedures. Focusing on the criteria – product/market fit, product innovation, team, tech for good/responsible innovation for a radically better world, the finalists and winners will be selected by the judges.
A place in Samsung’s booth at CES 2024 in Las Vegas, United States, will also be given to winning submissions. Successful applicants will get the chance to reach a worldwide scale and may also be offered several investment opportunities and business strategic alliances.
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