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NEC Innovation Challenge

Co-Creation Business Development Scheme


The winner of the NEC Innovation Challenge 2023 have been selected!
The NEC Prize was awarded to Rey Assurance of Indonesia.

NEC Innovation Challenge

As part of efforts to promote the creation of new businesses through open innovation, NEC holds the NEC Innovation Challenge, an annual global accelerator program for startups. First launched in fiscal year 2022 (covering April 2022 to March 2023), the challenge has attracted numerous startups from countries across the globe to participate each year.

Aim and Benefits

By bringing together startups from around the world with Japanese companies looking to collaborate, the NEC Innovation Challenge enables each company to spur innovation and accelerate commercialization in ways they could not achieve alone. This results in the creation of new social value.

Benefits for participating startups:

  • Product development utilizing assets of NEC and sponsors
  • Opportunity to approach the Japanese market
  • Obtaining investment and hands-on support

Benefits for Japanese companies sponsoring startups:

  • Forming collaborative projects with promising startups from around the world
  • Accelerating business validation leveraging assets of NEC and sponsors

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