Startups can apply to one of 18 global projects devised by the Groups internal teams under six key themes: autotech, mobility service, smart factory, robotics, metaverse and proptech. Startups may apply to one specific project.
The Groups participating teams that are responsible for project execution are directly involved in reviewing and recruiting the startup applicants for each project. Only incorporated startups will be eligible for consideration and can submit their application on the official application website from Feb. 17 to March 12. Results will be announced in April.Selected startups will be provided with a project development budget and could be evaluated for equity investments.
Since the Group introduced the ZER01NE Accelerator in 2018, 150 teams from 11 affiliates of the Group and 140 startups have worked together on 107 collaborative projects. This has led to 74 startups successfully receiving equity investments from the Group.
More details about the ZER01NE Accelerator can be found on the programs official website.
End
About Hyundai Motor GroupHyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT and service.
With about 250,000 employees worldwide, the Groups mobility brands include Hyundai, Kia, and Genesis.
Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.
Disclaimer: Hyundai Motor Group believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.