Samsung partners with XTC to launch its Climate& Circularity Tech Challenge

26 / 07 / 2023

By Marwa Nassar - -

Samsung Electronics has partnered with Extreme Tech Challenge (XTC), the world’s largest startup competition and ecosystem for entrepreneurs addressing global challenges, to launch its own startup competition: the Samsung Climate & Circularity Tech Challenge.

Following the announcement of its New Environmental Strategy in September 2022, Samsung has been working closely with startups to invest in and develop innovative technologies capable of helping the planet.

To further these efforts, Samsung and XTC have announced the Samsung Climate & Circularity Tech Challenge. This competition, focused on circular economy and climate change, seeks to identify new leading solutions that are in line with the values of Samsung’s New Environmental Strategy.

Participants are encouraged to submit ideas that address resource circularity as related to not only the processing, sorting and extraction phases but also climate change innovation as related to carbon emission measurement and management and carbon emission reduction and offsetting. Selected entries may be considered for implementation into Samsung’s wide range of products and associated manufacturing processes.

The Samsung Climate & Circularity Tech Challenge is open to tech-for-good founders and innovators. Besides having the opportunity to see their ideas form the next generation of home electronics, successful participants will receive exposure on the global stage as well as the potential for investment and corporate strategic partnerships. Winning entries will also be allocated a presence within Samsung’s exhibition at CES 2024 in Las Vegas, U.S.

Those interested in the challenge are able to apply before applications close on July 31, 2023. Finalists will be announced on August 28, ahead of a live final event on September 18.