Innofest offers impact start ups the opportunity to test their prototype at 11 festivals to give a kick start to their success
Innofest not only wants to help entrepreneurs, we also want to contribute to a better world. That is why Innofest works with impact start-ups. There are only a limited number of places available every year. In order to be considered, a prototype must be innovative, testing at a festival should clearly have added value and the innovation is expected to have a business case and contribute to a better world – now or in the near future. A major bottleneck for innovations is that too much money is invested in the endless testing of prototypes in labs. Over the past few years, Innofest has helped well over 150 entrepreneurs further develop their innovations. Our team specializes in making validation as practical as possible, no matter how complicated the technology. Every entrepreneur is supported by an innovation scout who helps compile the right conditions to devise an innovation pilot at one our festivals. This also involves the support of the festival producer who ensures a seamless fit between test and festival. In addition, the Innofest team has a gigantic network which we are more than happy to share with our entrepreneurs. Entrepreneurs who test with Innofest can also count on increased brand awareness thanks to all the media attention it generates. Throughout the festival year, various national, regional and trade media cover Innofest and the participating innovations
The crew is described on their website: https://innofest.co/en/about-us/
Innofest is funded by OP EFRO till September 2020. After this own resources are needed.
Evidence of success
There are a number of successes:
A fully circular toilet unit A sustainable hot showerReal-time water quality monitoring Megabattery-powered main stage A flowering wristband An additional source of income for cacao farmers Extra seating to combat social isolationIntegrating newcomers into an organization Airco with a green power generator Reading meters using AILess stress thanks to pulsating pillow Less stress thanks ti Pulsating pillow.
Potential for learning or transfer
Innofest won the European Enterprise promotion Award. The price is given to Innofest during the SME Assembly in Talin, year 2017.
Innofest was mentioned by several partners in the Islands of Innovation project in their approved action plans.
Innofest motivated countries around the North Sea (Interreg NSR) to develop a by Innofest Inspired project called Inno-Quarter.
Talking about Innofest it inspired in the Islands of Innovation project a lot of partners.