cisco CASE STUDY
innovation challenge
As the largest networking company in the world, Cisco has been an
outspoken thought leader in the field of corporate innovation. Cisco
thinks about innovation as a core business strategy- where ideas and
solutions are developed with entrepreneurs, innovators and Cisco
employees themselves.
Cisco’s Innovation Grand Challenge
A global initiative that allows the company not only access to thousands
of promising ideas, but also creates a pipeline for potential investment
and collaboration.
3
three winners win a share of USD $250,000 in prize money.
2016
was the year Cisco launched its 3rd open call for innovations seeking technologies and solutions on digital platforms that can transform countries, companies and cities.
15
fifteen semifinalists traveled to Lisbon to pitch live as part of the Web Summit, where a panel of judges selected winners
in addition winners received access to Cisco's Innovation Centers,
mentorship and connections to Cisco's network of partners and investors
for collaboration and funding opportunities.
our solutions
developed program website & all marketing communications
coordinated the external evaluation process
sourced startups for the program
results
5,700+
applications received
160
countries
3
winners
$250,000
in prize money