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Nairobi Business Monthly
Home»Briefing»The AkzoNobel Startup Challenge begins
Briefing

The AkzoNobel Startup Challenge begins

NBM CORRESPONDENTBy NBM CORRESPONDENT11th February 2019Updated:23rd September 2019No Comments2 Mins Read
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Calling all startups, scale-ups, entrepreneurs and innovators! The first edition of Paint the Future – the AkzoNobel startup challenge is now open and ready to discover new and revolutionary solutions that will accelerate innovation in the world of paints and coatings.

The challenge connects bright minds and promising solutions from across the globe with AkzoNobel’s expertise, global scale and resources. Innovators, challenge teams, institutions and industry experts will work together to enhance the submitted ideas, forming a truly collaborative ecosystem.

Spearheaded by the company’s chief technology officer Klaas Kruithof, Paint the Future offers winners the opportunity to accelerate commercialization of their solution. 

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“We can’t wait to see what exciting developments this collaborative experience brings to the paints and coatings industry,” says AkzoNobel CEO, Thierry Vanlancker. “We’re driven to create value for our customers, passionate about what we do and always looking ahead. Now, we’re looking to go even further, painting the future together with the world’s coolest innovators.”

Paints and coatings, said Kruithof, is a dynamic, technology-driven industry. “We know the future lies in working with others and being open to cross-industry solutions. Exploring the new technology frontier, we will be able to introduce new features, improved products and more ways to delight our customers – and accelerate some truly exciting innovations,” he said.

Launched in partnership with KPMG, the challenge focuses on five key areas: smart application, enhanced functionality, circular solutions, life science infusion as well as predictable performance

To join the platform one needs to register at letspainthefuture.com, submit solutions and contribute industry expertise as part of the community.

The deadline for new submissions is March 1, 2019, and participants on the platform will continue to explore, discuss and enrich ideas until March 12, after which AkzoNobel experts will select finalists to participate in the finals event in Amsterdam May 14 to 16. Shortly thereafter, the company will begin working with winners on sustainable business opportunities.

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