OPPO announced the OPPO Research Institute Innovation Accelerator to empower technology professionals and entrepreneurs that inspiration matters to bring innovative solutions to life and create a better future together, based on the brand value proposition of “Inspiration Ahead”. The Innovation Accelerator is being held by the OPPO Research Institute and Microsoft for Startups as a strategic partner. The program aims to encourage all technology innovators to solve some of the most pressing issues facing humanity even amid times of uncertainty.
Centered on the theme of ‘Virtuous Innovation’, OPPO is looking to recruit proposals under two entry categories — Accessible Technology and Digital Health. Following the evaluation of proposals submitted by participating teams or individuals, up to ten proposals will be awarded grants of USD $46,000 each, as well as further opportunities for investment opportunities, technical support, research and commercial partnerships, and promotion at global events.
Grants and technical support aim to help promising entrepreneurs realize their visions
The 2022 Innovation Accelerator will open online applications beginning May 8, 2022, and winners will be announced after three months of preliminary evaluations and Demo Day roadshows. OPPO will provide all winning teams or individuals with a financial grant, as well as support to help them further implement and promote their ideas. Each winning proposal will be entitled to the following incentives:
● Approximately USD $46,000 (300,000 RMB) in grants
● Partnership and funding opportunities
● Commercialization of the proposed via integration with OPPO products
● Publicity and demo opportunities at global tech events
● Support from OPPO’s R&D team including opportunities to meet and present ideas to industry professionals
Proposals will be evaluated under the supervision of a professional Judging Committee, where they will be assessed against their ability to meet four key criteria: Feasibility, Innovation & Originality, Social Value, and Long-term Potential. OPPO also invited a judging committee of experts, academics, and senior professionals in the field of technology and innovation to help identify and accelerate the development of high-potential proposals.
OPPO has also established a separate referral award to encourage members of the public to refer outstanding innovation cases for consideration by the Innovation Accelerator Judging Committee. Members of the public can submit referrals through the OPPO website during the application stage, with prizes available for every successful proposal that makes it through the preliminary evaluation, Demo Day, and finalist stages.
In addition, OPPO is planning international roadshows in locations including Hyderabad, India and the United States.
OPPO knows that its power to change to world as single organization is limited. Through the Innovation Accelerator, OPPO hopes to connect with other likeminded individuals, teams, and organizations to identify and develop high-potential solutions so that they can benefit those who most need them. OPPO intends to build the Innovation Accelerator into a long-term platform that addresses the most pressing public issues by attracting the best solutions from the brightest minds around the world, ultimately enabling more people to benefit from Virtuous Innovation.
Applications for the OPPO Innovation Accelerator will be open from May 8 to June 30, 2022. To submit a proposal, refer a proposal, or learn more about the program, please visit the official OPPO Innovation Accelerator website.