Ericsson Garage Launches Startup Challenge 2017

Press release

Published July 30th, 2017 - 06:57 GMT

Ericsson

As part of the STHLM Tech Fest taking place September 4-5, Ericsson is offering entrepreneurs an opportunity to be considered for a venture capital investment and technology incubation through the Ericsson Garage global network. Submit your application before August 23.

Ericsson Garage is an in-house incubator that explores opportunities to develop tangible prototypes in new areas together with partners. Now, Ericsson Garage is collaborating with Capital A Partners (CAP A), and their Nordic partner seed fund, Butterfly Ventures, to launch the Startup Challenge 2017. The competition is a chance for entrepreneurs to win technology incubation with the global network of Ericsson Garages, unlimited access to a smart city testbed and an express pass to a final decision investment meeting.

Applications will be accepted from July 24 until August 23 and finalists will face a ‘Dragon’s Den’ of Tanya Marvin Horowitz, co-founder and managing partner, CAP A Partner, Butterfly Ventures, Börje Ekholm, President and CEO of Ericsson and Ville Heikkenin, Partner, Butterfly Ventures.

For more information about the competition and the application process, go to the Startup Challenge 2017 website.

Background Information

Ericsson

Ericsson is one of the leading providers of Information and Communication Technology (ICT) to service providers, with about 40% of the world’s mobile traffic carried through our networks. We enable the full value of connectivity by creating game-changing technology and services that are easy to use, adopt and scale, making our customers successful in a fully connected world. For more than 140 years, our ideas, technology and people have changed the world: real turning points that have transformed lives, industries and society as a whole.