The world’s largest chipmaker Intel is trying to attract Internet of Things startups also in Nordics, especially in the fintech sector, with its Ingenuity Partner Program.
While the programme, launched back in 2014, is piloted in Israel, startups from all over the world can apply to join. Guy Grimland, a spokesman for Intel Israel, extended the message specifically to the Nordic & Baltic region at DLD Innovation Festival Tel Aviv , and invited “to come to co-operate with Intel in the cloud, IoT and Big Data”.
The 6-8 months programme offers access to the chipmaker’s engineers and resources. Startups are required to be early seed stage and have a link to Intel technologies.
Yvonne Palacio, IoT Business Development manager & Head of Ignition Lab, spoke at the innovation festival about a conscious transition towards the “experience market” of the future. At the festival, Intel was attracting startups to collaborate with them by showcasing current projects in gaming, logistics, housing, health, fashion retail, cinematography, VR and automated flight. Some of the presented partners were Airobotics, Memomi Labs Inc. and EnsurE&C.
Israel is one of the key hubs for Intel, and currently, around 10 percent of the firm’s R&D activities are based there.