ZER01NE Accelerator
Hyundai Motor Group, one of the leading automobile manufacturers in the world, has launched its startup accelerator program called ZER01NE Accelerator in South Korea. The program aims to support and encourage innovative startups to develop new technologies and solutions that can contribute to the mobility industry.
The ZER01NE Accelerator program provides startups with the resources and support to turn their ideas into successful businesses. The program offers many benefits, including financial support, mentorship, networking opportunities, and access to Hyundai’s extensive resources and expertise.
Startups joining the ZER01NE Accelerator program can expect to receive up to KRW 100 million in funding, office space, and other essential resources. They will also have access to Hyundai’s global network of partners and customers and the company’s cutting-edge technology and research facilities.
One of the key benefits of joining the ZER01NE Accelerator program is the opportunity to work with Hyundai’s experienced mentors and advisors. These professionals have a wealth of knowledge and expertise in the mobility industry. They can provide startups invaluable guidance and support as they develop their products and services.
Why Join ZER01NE Accelerator
It is an open innovation platform facilitating collaboration between startups and the Group on various projects. This program aims to discover valuable startups and explore the possibilities of strategically using their innovative technologies.
Startups can apply to one of the 45 projects derived by the Group’s internal teams under eight key themes: mobility and logistics, eco-tech, in-car UX, vision AI, AI analytics, materials, drones, and robot material, and interactive content.
Startups can only apply to one specific project. The Group’s organizations responsible for technology developments will be directly involved in reviewing and recruiting the applicants for each project.
Only registered corporations will be eligible for consideration and can submit their application on the official application website.
Selected startups will be provided with a project development budget and have the opportunity to be evaluated for equity investments.
Since ZER01NE Accelerator was introduced in 2018, 60 teams from nine affiliates of the Group and 73 startups have worked together on 64 collaborative projects. This has led to 39 startups successfully receiving equity investments from the Group.
The program’s official website offers more details about the ZER01NE Accelerator.
About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, construction, logistics, finance, IT, and service.
With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia, and Genesis.
Armed with creative thinking, cooperative communication, and the will to take on challenges, we strive to create a better future for all.
For more information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com
More information about Hyundai Motor and its products can be found at:
worldwide.hyundai.com or globalpr.hyundai.com
Visit the Kia Global Media Center for more information: www.kianewscenter.com
For more information on Genesis and its new definition of luxury, please visit https://www.genesis.com
Disclaimer: Hyundai Motor Group believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.
