DETROIT, February 24, 2018 – The Global Automotive & Mobility Innovation Challenge (GAMIC) has selected 12 truly innovative start-ups to move on to the World Finals of its 10th annual competition. Collectively, the 2018 finalists represent five countries and five U.S. states with promising new technologies in the areas of: advanced materials; advanced manufacturing; cybersecurity; automotive consumer; advanced powertrain; autonomous vehicle enablers; and value-chain innovation.
The teams presented in four morning and afternoon sessions at the Semi-Finals, which was held at Walsh College on Feb. 23, to a group of auto industry, mobility and start-up judges. The judges scored the teams and selected the top companies to move on to the Finals based on their business plans and the potential impact of their technologies on the mobility industry.
The 12 Finals teams will refine and hone their pitches in March to prepare for the GAMIC Finals at SAE’s WCX World Congress in Detroit’s Cobo Center on April 10. The winning teams will receive a total of nearly $300,000 of in-kind assistance and cash; GAMIC finalists also receive exposure to senior executives of OEMs and Tier 1 suppliers.
Previous GAMIC winners and competitors have gone on to greater success, including inking licensing contracts, launching their products faster, and obtaining additional development funding due to their enhanced visibility.
The Global Automotive & Mobility Challenge, or GAMIC, is an annual competition for early-stage automotive products/ systems and mobility companies with new and innovative technologies. Participants are able to network and meet new partners; showcase their technologies; receive mentorship and business coaching; and compete for a continuum of commercialization assistance. Each year, GAMIC provides competitors:
Access to dozens of industry experts to help accelerate and develop their businesses More than $300,000 of professional services and cash to selected winners
Finalists also have the chance to get exposure to over 15,000 mobility experts at the World Finals during the SAE World Congress WCX ’18 in April. In addition, they receive facilitated introductions to the industry’s top decision-makers and influencers at the event.
GAMIC is a sponsored activity of the MI Innovation Alliance, a 501-c-3 corporation.