Hyve Allianz smart protection challenge

Hyve Allianz smart protection challenge

Allianz, one of the world’s largest insurance companies, has identified a lack of fire protection measures in small and medium-sized enterprises (SMEs) in textile industry. The majority of SMEs are only elementarily protected against fire (smoke detector alarm, fire extinguisher), even though business owners are aware of the severity of fire damages and their related costs. 

To save lives and ensure the prosperity of textile industry SMEs, Allianz aims to develop a new and effective fire protection device that would be cheap to install and would require little to no maintenance. Thus, incentivizing the installation of effective fire protection systems.

Together with Allianz, our research department has conducted an exploration phase on fire awareness, prevention and protection in SME’s of the textile manufacturing industry in Europe. We have been able to gather relevant insights on their view on fire protection and prevention. On theHYVE Crowd contest page, we provide you with knowledge that could inspire you for just the right ideas to the problem. Share your ideas and learn more by either discussing through comments on the platform, or by giving feedback to other members’ ideas.

You can take part in our crowdsourcing contest by contributing a detailed concept/solution. Not only others profit from your innovative idea, but you will profit yourself. Prizes are considered for contributions with focus on fire protection devices. 

Awards:-

  • 1st Place: 8 000 €
  • 2nd Place: 3 000 €
  • 3rd Place: 1 000 €
  • Most innovative concept: 500 €
  • Most advanced design/concept: 500 € 
  • Most Valuable Participant: 1 000 €

Sign up today on HYVE Crowd and start conceptualizing!

Deadline:- 08-07-2018

Take this challenge