Three challenges from large corporations for Swiss Startups

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04.08.2017
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Launchpad Meetups give startups the opportunity to connect with large corporations and to solve innovation challenges the latter are facing. Startups also have the opportunity to pitch their solution and to build new partnerships. The first Launchpad meetups in Switzerland have been scheduled with Generali, Hypothekarbank Lenzburg and SIX from 2nd to 4th October. Registration is open.

Launchpad Meetups is an event format founded in 2015 by StartupAmsterdam and TNW to facilitate new startup-corporate collaborations. Since establishment the Launchpad team has organised three series of events, connecting 50 corporates to 220 startups during 67 Launchpad Meetups. More than 68% of pitching startups had a follow up meeting with a corporate.

In Switzerland, the first Launchpad Meetups have been announced. Startups can submit their application using the online registration link. The following dates have been scheduled:

Monday 2nd October 12.30 – 17.00 with Generali. The challenge: How can consumers best analyse, compare and optimize the most important budgeting decisions? Focus on helpful tools and innovations in this field?

Generali is among the world’s leading insurers present in over 60 countries with total premium income exceeding €70 billion in 2016. In Switzerland, Generali has stood for individual insurance solutions in every kind of living situation for 140 years. Almost one million customers rely on the reliable protection it provides from a single source: from property, legal and life insurance to comprehensive pension solutions, as well as attractive fund and bank products.

Generali is constantly looking for ways to simplify life for its customers and provide value around its core products. Based on feedback it has been gathering, the company believes that some of its customers would greatly appreciate assistance in optimizing their budgeting and spending in order to free up funds for longer term saving. This could be anything from automated cash management services to more proactive advice on optimizing providers of goods and services, automated use of discounts for purchases etc. – in any way possible we would like to support them to have more money left on the table at the end of the month in the most hassle-free way. With Generali’s existing strength in life insurance and pension products, this can become a natural way to provide highly personalized advice and support for customers’ financial needs throughout their lives. Startup with solutions to this can submit their application.

Tuesday 3rd October 14.00 – 18.00 with Hypothekenbank Lenzburg. The challenge: What will a physical branch of a bank look like in the future?

Hypothekarbank Lenzburg is a fully independent Swiss bank founded in 1868, serving mainly private customers, small to medium corporations and other institutional clients. Hypothekarbank Lenzburg is a service provider for several regional and private banks in Switzerland and aim to be the leader in Digital Banking in Switzerland.

The goal for this challenge is to solve questions like how do the bank can keep attracting customers to visit a branch, what should new branches look like and how does the bank preserve the old branches? Also the bank is looking into cost reductions of branches, but at the same time making them 'future proof'. Possible sources of innovation are: VR/AR, bots and virtual assistants, video-banking, Virtual Teller Machines, etc. The bank awaits creativity and innovation. Registration is open.

Wednesday 4th October 13.00 – 18.00 with Six Group: The challenge:How can we combine our data sets (payment, transaction, financial, trading) to find meaningful patterns? How do we monetize the patterns?

SIX Group AG has 4 market divisions: Payment services, Swiss Exchange, Clearing and Settlement, and Financial Information. The selected startup (s) will have access to all of the data for this challenge. Payment Services processes millions of card payment transactions and ATM withdrawals each day. Geolocations are available. Swiss Exchange has real time bids, asks, and trades from the exchange. Financial Information sells market and reference data from 24 million financial instruments from 1500 different sources. The startup is required to enrich the data with additional sources, create industry benchmarks, use predictive analytics, or any source of their choice. The challenge requires focus on the monetization of SIX’s data.

Startups intending to apply should be advised that the dates are likely to change.

(RAN)

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