ISTOBAL is extending the deadline for submitting applications for its fast-track program, aimed at start-ups, spin-offs, universities and other companies to promote pioneering new car wash solutions in response to new market challenges, until December 15th .The Spanish group is promoting innovation in the car wash and care sector by opening up the 1st edition of this ISTOBAL Open Innovation fast-track program to companies and teams from all over the world.
The program, which will take place over 17 weeks at the ISTOBAL headquarters, offers support, guidance and up to 10,000 euros per team to fund the process of developing, adapting, validating and implementing their project. ISTOBAL also offers the possibility to continue with product deployment and scalability. For the duration of the initiative, ISTOBAL will also provide access to its recently opened Innovation Lab and manufacturing and prototyping workshops, as well as sharing all the relevant expertise and resources of the ISTOBAL R+D department, offering a series of mentoring sessions with experts from ISTOBAL and specialists in specific subjects.
In cooperation with ISTOBAL, the objective is to create out-of-the-box solutions capable of vacuum cleaning, disinfecting and/or washing all manner of complex surfaces using chemical products and all kinds of cutting-edge technology, such as robotics, standalone applications, machine learning or artificial intelligence.
Applications can be sent through the website www.istobal.com/innovation until December 15th. The submissions will be assessed during December, followed by a Selection Day for pre-selected proposals on January 16th, 2020. The fast-track program will run from February 3rd to May 31st, 2020 at the ISTOBAL headquarters in L’Alcúdia (Valencia).
The Spanish group is a pioneer in the development of innovative, comprehensive solutions that create real added value and profitability for the car wash sector. With its own Research & Development department consisting of over 45 professionals, and with more than 30 international patents registered, ISTOBAL increased its investment in R&D by 21% in 2019 from the previous year, and by 34% compared to 2017. The group also collaborates with prestigious technological institutes, universities, and organizations in the scientific and technological sector.