2019 Challenges



We are working with ABB Drives to provide funding and support for ideas or ventures that can help solve one of our challenges below.

Find out about Drives

challenge-1

Simplified Set-up

Electrical equipment often has many features – how could you improve the installation and commissioning process for electrical equipment?

challenge-2

Knowledge Management

We have a great deal of knowledge distributed within and outside of our business; how can we put it in the hands of those that need it?

challenge-digital

Everything as a Service

As the need for ownership declines, how can we offer electrical equipment as a service?


Not sure which challenge fits your idea or venture?

Ask us

How does it work?

Submit your idea

Complete and submit a short application form on this site before 16th August 2019 – only include information already in the public domain

Get shortlisted

We select the best ideas and ventures during August and September 2019 and contact them directly to invite the winners to attend our November pitch day event

Make your pitch

Pitch your idea or venture directly to ABB Drives - we will select the best ideas or ventures to receive an offer from ABB Drives

Get an offer

We will make you an offer which could include funding, lab access, venture support or market access based on your needs

What’s in it for you?

Successful applicants will be invited to pitch their ideas and prototypes directly to ABB Drives at a live pitch event in November 2019 for the opportunity to be selected to receive an IdeaHub offer.

Market Access

If you are ready, we can provide support to access global markets or provide direct access to customers for in-market testing or initial sales

Drives & lab space

We can provide access to industrial drives to further test, refine or prove your solution - we can also provide access to world-class technology experts and provide shared lab space if required

Venture support

Benefit from the advice and expert support of an experienced technology team to develop and accelerate your concept or venture towards funding and revenues

Funding

Investment in return for a share of equity - the level of funding will be based on what it takes to get your concept or business to the next significant milestone

Your IdeaHub offer will be designed to successfully take you, your idea and your venture to the next level of development

Don’t see anything for you right now?

Enter your email address and we’ll notify you as soon as new challenges come online.

 

We won’t spam you and will only use your email address to notify you of new challenges. You can unsubscribe at any time from these notifications or email info@theideahub.co.uk to be removed from the list.