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Hyundai Motor Group recruits'Zero One Accelerator' startups A program to verify and develop the possibility of strategic use of various innovative technologies
[Introduction of the case / Reporter Moon Hong-cherl] = The Hyundai Motor Group announced on Monday the 16th that the open innovation platform “ZER01NE ACCELERATOR” will be openly recruited for startups.
Zero One Accelerator is a program that discovers start-ups with excellent capabilities based on projects presented by the Hyundai Motor Group's business team, establishes a collaboration project, and verifies and develops the possibility of strategic use of various innovative technologies.
Specifically, it is characterized by creating synergy for technology development across the boundaries between companies, such as presenting the contents of the project that the field teams wish to collaborate with the startup, directly participating in the selection process, and jointly performing the project with the final selected startup. .
This Zero One Accelerator is △Data (9 cases) △User experience (8 cases) △Control technology (3 cases of Human Machine Interface) △Mobility(4 cases) △Charging(4 cases) △Robotics (Robotics·6 cases) △Smart Factory (3 cases) △Logistics(4 cases) △Healthcare(3 cases) △Materials(6 cases) Divided into 10 themes by technology field A total of 50 projects are recruited.
When the final selection is made and a collaborative project with the business team is successful, the project development (PoC) cost is supported, and the startup is selected as the subject of equity investment review by Zero One Accelerator.
Only startups that have completed the establishment of a corporation at the time of application can apply, and application can be received through the Zero One Accelerator support page for a total of 6 weeks from Monday the 16th to the 27th December. The final results will be announced in early February 2021 through the process of screening documents and interviews.
In the Zero One Accelerator Program, which started in 2018, 54 teams of Hyundai Motor Group's 8 group companies and 54 startups are participating, and so far, 48 collaborative projects have been carried out and equity investments have been executed for 35 companies.
Zero One is providing diverse support so that creative talents can get new inspiration through creative experiences that break the boundaries of art, technology, and business beyond the role of a general corporate accelerator that discovers and fosters promising startups.
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