Support to start-ups has been renewed
With the second edition of Venture Forum 2018 Schaeffler backs start-ups once again: Schaeffler invited young companies to company headquarters in Herzogenaurach for the second time. 14 start-ups from four countries presented their business ideas there to Schaeffler specialists and representatives from top management. Now they have the opportunity of collaborating with the company as a partner or customer. Schaeffler knows the great potential offered by young companies with convincing business ideas. The company began as a start-uo itself more than 70 years ago. The business ideas presented come from fields relevant for Schaeffler: Smart Factory/digitalization of production, mobility concepts, sensor solutions, data value creation, and new material solutions. The winners were selected in a preselection round from 113 applicants coming from 24 countries from Asia, North America, Europe and Australia.
Participation in the Venture Forum and a focus on joint projects and developments can be a passport to success. It was a similar story with the IT company Autinity Systems from Chemnitz, which is now part of the global Schaeffler Group due to the successful collaboration.