TEL AVIV, Israel, Nov. 30, 2020 /PRNewswire/ -- Schneider
Electric, the global specialist in energy management and
automation, is establishing an innovation program in Israel in collaboration with open innovation
company, SOSA, which will operate and manage the program from the
company's headquarters in Tel
Aviv.
As the program's first phase, SOSA and Schneider Electric have
issued a call for startups, inviting entrepreneurs and start-ups to
submit their candidacy. The 3-month program will locate up to 6
early stage startups, who develop innovative solutions in the field
of Industry 4.0: Smart factories, industrial digitization,
industrial analytics, energy efficiency, and supply chain
management technologies.
The program's mission is to build a broad innovation ecosystem
with start-ups, VC funds, investors, corporations and partners. It
includes training and mentorship in business and technology by
Schneider Electric and SOSA experts, and a $25,000 non equity grant.
About SOSA
SOSA is a global open innovation company building pragmatic
cross-vertical innovation programs for corporations and public
entities. Leveraging the strong relationships it has cultivated
over years of being at the epicenter of the tech ecosystem, SOSA
identifies advanced technology solutions and innovative models that
lead to business growth and successful digital transformations.
SOSA's clients include multinational corporations such as HP,
SwissRe, RBC, Tokio Marine and governmental entities, including the
Australian Government, CNI (The National Industry Confederation in
Brazil) and Basque Government.
Media Contact: Ilit Gluska,
ilit@reblonde.com
About Schneider Electric
Schneider's purpose is to empower all to make the most of our
energy and resources, bridging progress and sustainability for all.
We call this Life Is On. Our mission is to be your digital partner
for Sustainability and Efficiency. We drive digital transformation
by integrating world-leading process and energy technologies,
end-point to cloud connecting products, controls, software and
services, across the entire lifecycle, enabling integrated company
management, for homes, buildings, data centers, infrastructure and
industries. We're the most local of global companies. We're
advocates of open standards and partnership ecosystems that are
passionate about our shared Meaningful Purpose, Inclusive and
Empowered values.
Media Contact: Meriah
Jamieson, Meriah.Jamieson@se.com
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SOURCE SOSA