Technology in Motion promotes automotive tech startups
The inaugural Technology in Motion (TIM) exhibition in Detroit will prominently feature startup companies in the automotive and technology industries. A section of the exhibition floor will be dedicated to the Startup Village, filled with 10×10 booths that will allow young companies to display and share information about their brand. Signing up to participate in the Startup Village will also get companies tickets to the TIM Detroit conference, where they will have access to keynotes from top industry leaders, networking opportunities, and much more. In addition, “the Startup Village is a great place to get recognition and connect with groups that have the ability to propel growing companies forward,” said Chase Fraser of Fraser McCombs Capital. “Startups presenting in the Startup Village will have the amazing opportunity to get in front of key players in the automotive industry,” like Ford, GM, Chrysler, Magna, Microsoft, NVIDIA, and IBM, among others.
TIM Detroit will also help startups grow through the TIM Pitch Competition, managed by Fraser McCombs Capital, an automotive technology venture and growth equity investment firm. The competition will select applicants to compete in four categories: connected cars, mobility solutions, autonomous/electrical vehicles, or digital consumer experience. Each competing company will have seven minutes to present their market-ready and tested product or idea and how it will benefit the automotive industry, followed by five minutes of Q&A from industry executives and VC panelists. A finalist will be selected from each category, from which a single winner will be chosen.
There are benefits to signing up beyond just the thrill of the competition. All applicants for the pitch competition will have their company and idea reviewed by some of the top venture capital firms in the automotive industry, including Fontinalis, RPM, and Detroit Venture Partners. If you are selected to participate, you will have the opportunity to present in front of the biggest names in the industry, including several OEMs (i.e. GM, Ford, Toyota, FCA, Nissan, Mercedes and BMW) and multiple Tier 1 Suppliers (like Lear and Continental Automotive Systems). In addition, the winner will be granted free advertising in Automotive News – an amazing opportunity for any growing company.
“There has been a wide range of excitement from young and emerging companies to participate in the TIM Detroit exhibition,” Fraser said. Startups slated to appear at the event will showcase several achievements ranging from mapping technology, to voice recognition, to vehicle-to-everything technology, to autonomous software. To learn more about the startup opportunities at TIM Detroit, visit the event website. If you’d like to sign up to exhibit your startup at TIM Detroit, fill out the contact form to get started; to sign up for the pitch competition, fill out this application.