Corporate and Investor
Open Innovation and Tech Scouting

Facilitate Corporate and Investor Open Innovation and Tech Scouting

The purpose of this activity is to build a network of corporates and investors to carry out technology scouting and open innovation programs with EU and South Asian start-ups as well as innovative research organizations / universities.

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Open Innovation and Tech Scouting Challenges

Corporates and investors can launch challenges with an aim of scouting for innovation, intellectual property (IP), technologies and/or solutions externally in order to support their strategic plans and / or investments.

Corporates and Investors who are keen to leverage this platform to scout for technologies and open innovation challenges can send us an email to eu-srilanka@servicefacility.eu

Please refer to this link for past challenges.

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University Level Tech Scouting for commercialization

Support universities and research organisations in Sri Lanka which are seeking pathways to commercialization.

Exchange with universities and research labs about their research, contacts to industry and market experience, their international network

Organise (virtual) meeting with leading Sri Lankan Universities and R&D to understand their lab to market/tech commercialization needs

Sharing collaborative strategies with the EU for University Tech commercialization

Involve 2 research stakeholders in a piloting mode which will be supported more intensely (foster internationalization and networking with corporates).

Brigade Reap is seeking to collaborate with innovative technology companies from Europe, Sri Lanka and India in prop-tech sector

Brigade REAP, India is seeking to connect with startups from Europe, Sri Lanka and India in the Proptech sector who can provide innovative solutions in the areas of Real Estate, Retail and Hospitality with a focus on IoT, Nano Technology, Cleantech and Renewable energy, Logistics and Visual Computing. They will be supporting the start-ups to utilize technology to create sustainable businesses in the real estate industry in India.

They are looking for innovative technologies and solutions in the Proptech space that facilitate creating an impact in the Real Estate, Retail and Hospitality sector such as:

  • New technologies such as robotics in the Proptech space
  • Alternate building material or sustainable approaches
  • Big data and IoT
  • Nano Technology
  • Cleantech and Renewable energy
  • Logistics and Visual Computing

Interested companies can apply via this link. The deadline to apply is September 19th, 2021!

 

EU-South Asia Investor and Start-up Internationalization Focus

As the world’s largest and most populous continent, Asia is of significant geostrategic importance to the EU, forging closer ties with countries in South Asia as a strong economic player and a major development and aid donor. Development cooperation between the EU and the countries of South Asia covers financial and technical aid as well as economic cooperation. South Asia has become the prime destination for commercial innovation, which is just the results of the immensely talented workforce, government support, and local community trust. The growth of the ecosystems within the region has attracted foreign governments and investors as they have discovered the immense potential for start-ups. Despite the consequences of the pandemic, such as economic lockdowns and lack of investor confidence, start-up investments in South Asia soared high, nearly doubling during the covid-19 period, with e-commerce and fintech start-ups leading the second-quarter deals. In recent years, Europe’s start-up ecosystem has seen a surge in the number of unicorns and the pace at which they are created.

The EU is organising the first event of the EU-South Asia Investor networking platform - EU-South Asia Investor and Start-up Internationalization Focus Event that connects the three major angel and investor networks of Europe, India and Sri Lanka/South Asia with the objective to explore cross border collaboration and connect opportunities for investors and start-ups between the regions.

About the Event

This event includes eminent speakers from the investor network partners and ecosystem stakeholders talking about the vast opportunity in each of the markets and also aim to raise awareness and instil confidence among investors and start-ups to look beyond their home territory for expanding their business.

The session will also focus on challenges and opportunities of venturing into a new country which can help investors and their start-ups make better informed decisions. The event will showcase success stories of cross border investments from the networks and also successful start-ups who have scaled internationally. We invite you investors to participate along with their start-ups.

About the Platform

The platform is facilitated by the EU in collaboration with European Business Angels Network (EBAN), Lankan Angel Network (LAN) and Indian Angel Network (IAN). The platform would include a series of consultative discussions, investor connect events, roundtables and start-up pitch sessions.

This platform aims to enable trust and relationship building between European, Sri Lankan and Indian investors. Through this platform the investor networks will be able to grow their investment portfolio and expand to new markets. The networks can also use the EU South Asia Start-Up Help Desk to help their portfolio start-ups grow to new markets. The platform is also aiming to enable a facility to de-risk cross border investments and create a structure and understanding of tax and legal processes of investing internationally.

Date - 22nd September 2021
Time- 10:00am - 13:00pm (CEST)/ 13:30pm - 16:30pm (IST)
Platform - Zoom

The event is invite-only so please write to eu-srilanka@servicefacility.eu if you have any queries.

 

Cleantech Pvt Ltd’s Open Innovation Call

Cleantech Pvt Ltd is seeking to collaborate with innovative technology companies in the waste management sector. Cleantech Pvt provides waste management services related to: solid waste management, resource recovery, e-waste management, hygiene and environmental services in Sri Lanka.

They are looking for innovative technologies and solutions that facilitate waste management, enhance good practices among citizens and innovative 3R solutions such as:

  • New technologies, solutions / concepts to improve the efficiency in waste recycling (e.g. plastic, paper, glass, e-waste)
  • Small scale plastic extruders
  • Innovative technologies / applications for smart waste management and effective solid waste management procedures.
  • Automation of administration or monitoring of resources (i.e. fleet management, labour monitoring etc.)
  • New concepts to increase the awareness in the society on waste management

Interested companies can apply via this link. The deadline to apply is June 30th, 2021!

 

Shell E4’s Open Innovation Call

Shell E4 has launched 2 calls; one call is targeting Indian energy startups and the second call is for EU and Sri Lankan energy startups looking to enter into the Indian market. Both calls have an open deadline!

For Indian startups - your startup should be post lab PoC (typically TRL level 4-7) with a potential to impact the future of energy. Interested startups can apply here.

  • Shell will work with the selected Indian startups for a period of three months or up to two years, depending on which track the startup is selected for.
  • The selected startups will be provided with access to Shell’s capability in technology development and product commercialisation, along with mentorship and a fixed sum investment.

The international track at the Shell E4 Startup Hub is for foreign energy related startups looking to enter the Indian market. The program aims to support these startups in establishing a presence in-country and scaling their business into India.

  • Shell prefers startups that have a finished product (or service) and have raised a round of investments other than from family and friends. This is a comprehensive and tailor-made program to support new-market (geography – India) entry and scaling the business.
  • The duration of the programme is 6 to 8 months with the option to extend it up to 2 years, depending on the needs of the startup.
  • For international – EU and Sri Lankan energy-related startups looking to enter the Indian market and establish operations apply here

Growrite/Eurosubstrates Corporate Innovation Call - Inviting Startups from India, Sri Lanka and Europe to apply for this business opportunity in Sri Lanka

We have launched an open innovation call by Growrite Substrates (Pvt) Ltd, Sri Lanka, they are a European corporate based in Sri Lanka, they are seeking to collaborate with innovative technology companies from Europe, Sri Lanka and India who can provide innovative solutions in the areas of Precision Agriculture, Data Analytics in Agriculture, Farm Services and Fintech in Agriculture and in return will be supporting the shortlisted partners to build capacity within the Sri Lankan market through this initiative. Startups and SMEs from India, Sri Lanka and Europe interested to collaborate with Growrite Substrates (Pvt) Ltd can get additional formation and apply for the call here.

Innovation call by Deutsch Telekom for Energy companies

As part of the Interreg SCALE UP Programme, Cambridge Cleantech invites energy sector companies to apply for one-to-one meetings with leading telecommunications company Deutsche Telekom. Deutsche Telekom is looking for credible, scalable, and innovative companies that represent radical models and innovative best practice in the energy sector to face DT’s significant increase in its energy demand with the move to 5G. Contact Camila for more information.

Commonland Innovation call

We would like to share an exciting opportunity for startups and companies to collaborate and deploy their technologies for the Central Highlands Restoration Project (CHiRP), which is being facilitated by Commonland, The Nature Conservancy (TNC), Samerth Charitable Trust, and GBI. The IKEA Foundation supports CHiRP and we are seeking to attract innovative technologies to enhance the productivity and livelihoods of the local stakeholders, resulting in socio-economic development and ecosystem restoration. The ultimate aim of the call is to identify a competitive pool of global organizations that offer disruptive solutions focused on improving the yields and adding value to the Non-Timber Forest Products (NTFPs), local agriculture, food processing, and market linkages, and supply chain traceability of local produce. The Total estimated trade value of NTFPs in Chhattisgarh is close to USD $275 million. Other key areas for technology interventions in this region include access to distributed energy, environmental technologies in remote areas (for clean cooking, water, sanitation, waste management), and communication technologies to improve connectivity.

  • For more details and applying for this call please click this link

EU-South Asia Investor Networking Platform

EU-South Asia Corporate Innovation Platform

Under the EU-SLIP, the EU-South Asia Corporate Innovation Platform was launched with the aim to foster innovation cooperation between South Asia and Europe. We are inviting corporates to leverage this EU – South Asia (India + Sri Lanka) Network of incubators, enablers, start-ups for open innovation, start-up scouting, partnerships, networking. European, Indian and Sri Lankan corporates are invited to share their business needs, problem statements and tech scouting needs and 3 of them will get free support for tech scouting and open innovation.

Please see the attached document (DOC 161KB) for more information on the EU-South Asia Corporate Innovation Platform.

EU-South Asia Investor Networking Platform

As part of the EU-South Asia Investor Networking Platform, the EU-South Asia Investor Networking Platform meeting will be held on the 20th of January 2021 at 2:30 pm IST. EBAN ( Europe's early stage investor network), IAN (Indian angel network), LAN (Lankan angel network) will initiate this meeting.

The main objective and agenda of this meeting is to connect the three major angel investor networks of Europe, India and Sri Lanka to explore cross border collaboration opportunities and discuss on the priorities, including some of the key bottlenecks/red tapes each ecosystem is facing when it comes to foreign investment.