Proof of Concept offered by Blue for the winning teams to pilot test their business ideas and solutions and Business Priority opportunies.

The Blue Innovation Challenge 2020 Fintech Competition (the “Program”) is inspired by the creative technology solutions currently transforming the financial industry, and the forward-thinking minds behind them.

Organized by Blue Insurance Limited (“Blue”) and supported by partner MIT Hong Kong Innovation Node (“MIT Node”), the Program aims to create a hub where innovative startups and social enterprises can demonstrate their creative ideas and solutions to challenge the status quo of the financial industry. A platform for entrepreneurs to connect with industry experts, allowing the next generation of new ideas and solutions to be enhanced by professional knowledge and experience.

^ Subject to final decision made by Blue and only if the Creations and the Proposed Ideas are applicable and suitable.

Blue is the first digital life insurer in Hong Kong. Technology is in our DNA. The Program welcomes startups with applicable ideas and solutions focusing on the following technologies:

AI Block Chain Big Data IoT 5G

WHAT ARE THE AREAS OF FOCUS ?

WHAT ARE THE PRIZES ?

BLUEINNOVATIONCHALLENGE

Innovation AwardCash Prize of HK$200,000

1) JUDGES AWARDS (One winner for each award)

For the most pioneering startup with an applicable breakthrough in technology, idea and solution.

Best of Tech AwardCash Prize of HK$200,000

For the startup that empowers customers with the most autonomy to manage their insurance / financial products.

Best Solution AwardCash Prize of HK$200,000

For the startup whose business idea and solution best fit customers’ purposes and needs.

2) PUBLIC VOTE AWARD (One winner)

Community Engagement AwardCash Prize of HK$50,000

For the startup with the most public votes.

Proof of Concept Opportunity ^

3) ACCESS TO INCREDIBLE RESOURCES

Free access to MIT Node

1) Six months free access to MIT Node*, and2) Tickets to MIT Node’s event

Partner: Organiser: Supporting Organizations:

The Program is open to startups in Hong Kong that meet the following requirements:

WHO ARE WE LOOKING FOR ?

Incorporated in Hong Kongbetween 1 to 5 years

Hong Kong is one of your primary markets

Have a pioneering business ideaand innovative solution

WHAT IS THE TIMELINE ?

24 AugApply online

18 SepApplication

closes

Equip yourself

Shortlist8 finalists

17 OctPitch Day

27 Oct - 20 NovMentorship

21 NovContest day &

Award presentation

Incredible resources

Proof-of-concept offered by Blue and Business Priority opportuniesFree access to MIT Node

30 SepPublic Vote

Shortlist15 semi-finalists

* Terms and Conditions applied. Event dates and Program Content are subject to change. Please refer to Blue Innovation Challenge website for details and latest update.

Partner: Organiser:

BLUE INNOVATION CHALLENGE 2020

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CALL FOR YOUR APPLICATION:Join the infosession of this Program to understand how to apply, the timeline and the awards and prizes.

Date: 24 August, 2020 Time: 3pm – 3:45pm Format: Webinar Registration Link: https://blue-inno-challenge-infosession.eventbrite.com