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Oct.18th, IPIEC GLOBAL 2019- German Chapter Final unveiled three winners Kraftwerk, Cognaize and Refresherboxx in IHK Frankfurt and those outstanding startups will take part in the 30 finals in China Guangzhou in December for the $100,000 startup prize and a mega-cities roadshow tour. WTOIP, IPIEC GLOBAL’s main organizer and China’s leading technovation platform for Intellectual Property and corporate services, aligns with IHK this year to help scout distinguish global innovators and projects in Germany, and connecting with entrepreneurial resources and partners in China. IPIEC also serves as an ongoing platform that navigates German enterprises through issues related to business launch in China.
The winner Kraftwerk company
The winner Cognaize company
The winner Refresherboxx company
GERMAN’S TOP TECH BRAINS SHINE ON IPIEC STAGE
Germany is China’s biggest transaction partner in European Union. Last year, the transaction amount has been up to $183.9 billion that hit the climax over the years. Under the “Belt & Road Initiatives” policy, “There are great corporate potentiality between the two countries in sectors of digital economy, industrial internet, new energy auto-mobile, AI, etc., ” Announced by Chinese Commerce during German Prime Minister Merkel’s visit to China in September this year. In reality, candidates of IPIEC GLOBAL German Chapter this year are from various sectors including intelligent parking system with AI technology, advanced fuel battery with new materials, upfront biotech for cells inspection and eco-friendly laundry machine in new manufacture sector, etc. The chapter this year focused on innovation of West Germany, the richest and most innovative part of the country.
The three winners are as follows:
1st- Kraftwerk for the advanced fuel cell technology
2nd- Cognaize for AI-based processing of documents with financial information technology
3rd-Refresherboxx for the new type of laundry machine
IPIEC GLOBAL SHOCK GERMANY
IPIEC Global is running in its 3rd year and it becomes a window that attracts German startups to enter China. “We’ve been inspired by German startups which proved to be quite innovative and hardcore in different sectors and IPIEC, the technovation platform, can empower those startups in commercialization and promotion in a win-win situation that we can bring the technology demands from China to the rest of the world and bring the brilliant international startups ‘projects back to China.” Edmont Rao, Vice President of WTOIP.
IPIEC is primarily an innovation contest. However, it is much more than just a contest, but a trinity of contest, resource platform and incubation program. It helps tech projects dive into a broader market and get access to integrated resources such as professional guidance, financing sources, more potential business partners and skillful talents. Meanwhile, IPIEC participants can obtain systematic training and quality consulting from experts along their business growth cycle, which makes the contest can an excellent incubation program.
The 30 finals will compete in Guangzhou for IPIEC GLOBAL's $100,000 prize in December and be offered feasibility analysis, requirements traceability, corporate rewards and supports for the Intellectual Property.
FIND THE RIGHT GATEWAY TO ACHIEVE LONGTERM BUSINESS GOAL
WTOIP, as the organizer of IPIEC GLOBAL and the first expert and business partner for China market entry , has been working with government agencies and major innovation organizations worldwide to co organize overseas chapters, aiming to actively engage startups, enterprises, inventors, innovation unions, industry associations, universities & colleges, research institutes and incubators to present their latest innovations. With a long term adopted vision of making the creativity become reality, WTOIP pay much attention on the locality and practicability for selected projects. With a team full of professionals and resources in multi sectors, IPIEC is able to empower German
technovation startups entering the China market.
The event went through a pitching procedure which was the most exciting part for candidates and audiences. There were 15 startups that joined the event and judges this year included Tobias Urban- Head of International Relations at AHK Greater China, Gerold Muhr- Managing Director at Steinbeis CEBI Center for Business Innovation, Edmont Rao from WTOIP, Ms. Shi Guoling, Chairman of Guangzhou Vision Investment Management company and Whiz Partners Asia Vice-President, Mr. Wang Menggang, Chairman of Nano Pharm Tech Machinery Equipment, and Ms. Jia Song, Founder of GCHA & International Project Management Consultant. Also CEO Mr. Andrej Kupetz from German Design Council and the manager from DZ Bank Innovation Space joined the event as honorable guests.
The German Chapter is first time co-organized with IHK, Germany's government organization that connects all German enterprises and supports them to launch overseas. Also it is jointly organized by China International Cooperation Association of SMEs (CICASME), AHK, DE International and is supported by High-Tech Grunderfonds, Flying Health, German-Chinese High-tech Alliance, e.V. and Zhongde Metal Group Gmbh.
The route to your success in China market. IPIEC GLOBAL 2019:www.wtoip.com/ipiecglobal/en.