Corporate Challenges

NOW ACCEPTING APPLICATIONS

Hyundai Group is accepting applications for the 2022 Open Innovation Lounge. NCET2 is working with Hyundai to source companies for their upcoming event.

The Hyundai Open Innovation Lounge is an exhibition of the most innovative startups to improve existing and future consumer and commercial vehicles. Startups that apply to the Lounge may potentially be integrated into vehicles through an evaluation by Hyundai group members and engineers.

Submit here

Know More About Hyundai Open Innovation Lounge

Hyundai CRADLE talks about Open Innovation Lounge

Smartpaint Solutions: 2021 Open Innovation Finalist

Deadline: March 18, 2022

The final selection of startups will be on March 28, 2022. Startups that get selected will gain the opportunity to work hand-in-hand with Hyundai engineers to integrate their products in consumer and commercial vehicles and will be featured in a showcase to the Hyundai leadership in November 2022.

Barring any COVID-19 restrictions, startup representatives may be invited to fly to South Korea to be present physically at the 2022 Open Innovation Lounge.

Technical Areas

ID	Technology Area	Description
1	Projection Technology	(inside) Projection on the ceiling, window glass (outside) Sending out messages to pedestrians, vehicles, etc.
2	Privacy Zone	Provide privacy between passengers and/or outside pedestrians for separated/private experience
3	Low/No-power solutions	Replace current high powered systems, with low powered solutions provides better or same effects with lower/no power
4	Eco-Solutions	Perceptible clean/nature-sourced materials or purification solutions
5	Multi-functions	Provides multiple/new functions with a single solution enabling minimization of parts, space, and control
6	Sense Me (Personal ID)	Sense/Notify/Identify the person
7	Understand Me	Sense/Understand the occupant's state
8	Understand Space	Sense/Understand the surrounding condition
9	Support Me	Supports individual's behavior and/or optimizes the surrounding environment
10	Support Others	Additional support/function for children, the elderly, pets, etc.
11	Stimuli Detective Form	Given specific stimuli(force, speed, temperature changes, etc.) changes characteristics (for design/safety)
12	Physical Feedback	Provides tangible/sensory interactions to controls
13	Smart Textiles	Weaved within textile/fabric, creates a new material with new functions

Eligibility

Later-stage companies ideally at TRL 7 or above
The technology or solution should fit any of the above technical areas
The technology or solution should be commercially viable
There should be a product or prototype and have demonstrable benefits
Ability to communicate and demonstrate how it can be integrated into a vehicle

Evaluation

Startups that meet the above criteria will be interviewed initially by Hyundai CRADLE North America through a conference call. If the startup passes the interview they will be referred to Hyundai Group in South Korea for final consideration.

For questions, contact ria@ncet2.org