Formnext Start-Up Challenge Offers Young Companies Chance to Grow

Starting an additive manufacturing company can be difficult work, but entrepreneurs can register for the Formnext Start-up Challenge to jump-start exposure and find investors.

Partners of the Formnext Conference invite young and innovative companies from the world of additive manufacturing to sign up for the Formnext Start-up Challenge. Companies no older than five years may register until July 13, 2018, at this link. The competition, which is being held for the fourth time in cooperation with MUST 3D Printing, recognizes innovative and practicable business ideas from budding organizations.

“Through the Start-up Challenge, we offer these young companies a stage along with outstanding opportunities for networking and further development,” says Sascha F. Wenzler, vice president for Formnext at event organizer Mesago Messe Frankfurt GmbH. The Formnext Start-up Challenge has already provided a boost to the ongoing growth of numerous winners from years past. One 2015 winner, the Polish start-up Sinterit, has benefited from the challenge in its evolution. The Krakow-based company manufactures desktop SLS 3D printers and currently employs 30 people. “The Formnext Start-up Challenge helped us believe that we could really succeed,” explains founder and CEO Konrad Glowacki.

The five entrants that come out on top in the 2018 Formnext Start-up Challenge will be rewarded with a broad range of services designed to guide them toward further success. These include a free, fully equipped exhibition booth within the Start-up Area at Formnext 2018. In addition, the start-ups will be incorporated into all the relevant global marketing and communication activities conducted by Formnext. They will also get the chance to pitch their ideas and present their products at Formnext 2018. Meanwhile, the involvement of MUST 3D Printing, a network of stakeholders spanning multiple fields related to industrial 3D printing, offers further benefits. Since being established in 2014 by EOS, SCE and UnternehmerTUM, the Formnext Start-up community has grown to comprise over 200 small businesses, established companies, investors and research institutions that stand ready to assist this year's winners.

In order to participate in the Formnext Start-up Challenge, entrants must have been founded after January 1, 2013, and they must not be majority-owned by a company already established in the market. The product or service they offer must also be market-ready. 

The jury consists of representatives from the realms of industry, science, media and investment. The jury will select five winners, who will be announced in advance of Formnext 2018 and honored at the event. 

Related: