Enabling Technologies

Create Positive Impact with Innovation – Apply Now for Open-F@b Call4Ideas 2018 by BNP Paribas Cardif

MEDICIGlobal Head of Content

To contribute to the achievement of the goals of the 2030 Agenda for Sustainable Development adopted by world leaders at an historic UN Summit in September 2015, BNP Paribas Cardif dedicates the fifth edition of Open-F@b Call4Ideas to Positive Impact Innovation, which aims to gather ideas, solutions, and initiatives with a positive social impact on individuals and community as a whole.

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Who is invited to apply for Open-F@b Call4Ideas 2018?

BNP Paribas Cardif in partnership with InsuranceUp is inviting application for Open-F@b Call4Ideas 2018 from all startups, scale-ups, innovative businesses, entrepreneurs, young students, and anyone who proposes an idea or a solution with a positive impact on citizens, families, and community, in the following areas:

  • The protection of people’s health in order to improve and simplify their lifestyle;

  • Risk management education through cutting-edge technologies that help to better understand financial risks;

  • Support for company welfare to improve employees’ lives;

  • The protection of the individual and his/her well-being in order to help him/her feel safer and projected towards a better future;

  • The development of an ethical and sustainable economy with a focus on the protection of the individual, through solutions capable of improving the life and integration into society;

  • The sharing of resources for mobility with low energy and environmental impact, and the development of an increasingly connected smart city, built on a human scale;

  • Protection of those who are most “defenseless” and exposed to dangers such as children, women, and the elderly.

What is required for the application

A single participant may submit more than one project, and in this case, the projects must be submitted separately.

During registration, participants are required to upload the following documents:

A. One or more files containing:

  • Description of the participant, including a description of the skills and expertise;

  • Description of the project;

  • Description of the needs intended to be met;

  • Description of the reference target market;

  • Description of the technology used and/or implemented in the project;

  • If obtained, the description of any economic results in terms of turnover, costs, and investments (just a brief overview);

  • Where applicable, the description of the envisaged international scalability model;

  • If available, the executive summary of up to one page per project.

B. CV of the participant.

C. The Disclaimer attached to the regulations signed by each participant on each page and in full on the last page, even as a contact person for the project team and/or the legal entity.

Applicants can find the conditions for participation here.

Evaluation criteria

Projects registered for Open-F@b Call4Ideas 2018 will be examined by an evaluation committee made up of Cardif executives, university experts in the field of digital technologies, and any other visiting members working in the field of digital technologies.

The evaluation criteria include:

  • Quality and entrepreneurial skills

  • The novelty of the project

  • Market and business potentialities

  • Technical feasibility

  • Applicability to the insurance industry

Prizes

Over the last four editions of Open-F@B, BNP Paribas Cardif received over 300 applications from startups and innovators, out of which 60+ ideas were selected, leading to several collaborations, and the realization of four projects.

Three winners of the fifth edition of Open-F@b will receive support from the BNP Paribas Cardif R&D Marketing team in the development and implementation of their idea or project, taking into consideration business and market needs.

Furthermore, all finalists will:

  • Be included in the database of MEDICI, an advisory and scouting company specialized in InsurTech, and FinTech startups at a global level, as well as a partner in the initiative, and receive a set of dedicated marketing services;

  • Present their pitch deck to C. Entrepreneurs, the VC fund created by BNP Paribas Cardif with Cathay Innovation to accelerate the company’s innovation through early-stage startup investments;

  • Be included in Scoop, the Open Innovation platform of BNP Paribas International Financial Services for sharing, managing, and promoting startups cooperation across the BNP Paribas Group’s business lines.

Apply for Open-F@b Call4Ideas by BNP Paribas Cardif before October 22, 2018.

For more information, contact ricercaesviluppo@cardif.com.

Elena Mesropyan

MEDICIGlobal Head of Content

Global Head of Content, MEDICI

Elena is a research professional with a background in social sciences and extensive experience in consumer behavior studies and marketing analytics. She is passionate about technologies enabling financial inclusion for underprivileged and vulnerable groups of the population around the world.