AkzoNobel partners with two organizations focused on supporting start-ups, Lux Research and StartupDelta. The partnerships will focus on developing business opportunities stemming from the company's Imagine Chemistry start-up challenge. Designed to solve real-life chemistry challenges, the initiative has reportedly attracted more than 200 submissions.
AkzoNobel will contribute to the mission of StartupDelta, a public-private partnership established to strengthen the Dutch start-up ecosystem. The parties are working together to support start-ups in the chemical industry. AkzoNobel will also be a founding partner in StartupFest Europe, an event organized by StartupDelta to connect European start-ups with investors, scientists and corporate organizations.
US-based Lux Research will support AkzoNobel in its evaluation and development of start-ups taking part in the Imagine Chemistry challenge, as well as helping to strengthen ties with the international start-up scene.
AkzoNobel Specialty Chemicals established the Imagine Chemistry challenge in cooperation with KPMG. Earlier this year, AkzoNobel also announced its participation in a €50 million collaborative venture capital fund, run by Icos Capital, focused on early stage chemical and clean technology start-ups.
For more information, visit: www.akzonobel.com
