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SPIE, the international society for optics and photonics, has opened applications for the 2025 SPIE Startup Challenge. This annual entrepreneurial pitch competition takes place as part of SPIE Photonics West. The event will take place from January 25 to 30 at San Francisco's Moscone Center, with the finals of the SPIE Startup Challenge scheduled for January 28, 2025.
The SPIE Startup Challenge is a competitive entrepreneurial platform for new businesses that utilize optics and photonics for innovative products or applications. Participating teams compete for sponsored prizes, in addition to gaining increased visibility with potential investors. Cash prizes of $10,000, $5,000, and $2,500, provided by Startup Challenge Founding Partner Jenoptik, will be awarded to the top three finalists.
Light-based technologies enable developments in a proliferating number of areas, from healthcare and high-speed communications to quantum computing, AR/VR/MR, and self-driving vehicles. The annual SPIE Startup Challenge — which will be celebrating its 15th year - provides a distinctive and vibrant platform for optics and photonics startups that are creating innovative products, applications, and technologies. Startup Challenge winners that have gone on to wider commercial success include Cellino Biotech, Double Helix Optics, PhotoniCare, C. Light Technologies, Circle Optics, and In A Blink.
The industry-judged competition will hear from teams of finalists pitching new products in photonics-enabled healthcare and deep tech. Competition judges include venture capitalists and business-development experts from the photonics industry who will vet applicants for their business case, financial case, and competitive advantages. Teams applying for the Startup Challenge will get feedback on their business and pitch from business-development experts and investors.
Click here to know more about the Startup Challenge.