As an innovation leader, we have our eyes on the future and are always on the hunt for good ideas, new technologies and solutions. Partnerships and cooperation are an integral part of our corporate philosophy. That is why we support and sponsor start-ups and assist them on their way to practical industrial applications.
Since 2014 we have been working consistently with several promising start-ups that benefit from Festo’s industry expertise. Our collaborations focus particularly on technologies and solutions that can be used in our products and services to create added value for our customers or make our processes more efficient.
We therefore have regular start-up pitches for specific areas of technical research as well as for processes and procedures. The start-ups that are invited to pitch their ideas can then discuss the challenges and possible solutions directly with the departments and explore the options for collaboration.
The Gründermotor initiative is the decentralised innovation platform for Baden-Württemberg, designed to lay the foundations for the digital SMEs of the future. To achieve this, the initiative works closely with several colleges and universities across Baden-Württemberg. Innovative start-ups are given access to a premium network of experienced mentors, well-known investors and partners from science and business.