AUTO BILD, COMPUTER BILD and Axel Springer Plug and Play seek start-ups for connected car program




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21.07.14

AUTO BILD, COMPUTER BILD and Axel Springer Plug and Play seek start-ups for connected car program

To press release overview

Connected support, connected thinking: AUTO BILD, COMPUTER BILD and Axel Springer Plug and Play are now offering a special program for start-ups working in the area of connected cars. Founders who have an idea related to connected cars can apply now at www.axelspringerplugandplay.com. The closing date for applications is 29 August 2014. The program is aimed at start-ups applying innovative, digital business concepts to the multimedia networking of cars – be it through content creation, new applications and services, or software systems and terminal devices.

Hans Hamer, Publishing Director Auto, Computer & Sport at Axel Springer: “Connected cars are one of the important issues for the future in the electronics and automotive industries. There is intensive coverage of this topic in AUTO BILD and COMPUTER BILD and our editorial teams are in constant contact with the automotive and technology industries. Now we are combining this specialist knowledge with Axel Springer Plug and Play’s experience as an accelerator, so that together we can boost innovation in the area of connected cars and put founders in touch with the right people.”

Jörg Rheinboldt, Managing Director of Axel Springer Plug and Play: “Building on our experience and our success in supporting entrepreneurs during the first program cycles, we are now actively seeking start-ups in a specialist area for the first time. Founders will now be able to benefit more directly, since two strong partners from the relevant field – AUTO BILD and COMPUTER BILD – will be closely involved. Axel Springer Plug and Play is an experienced sparring partner for start-ups that now want to see their creative business ideas in the area of connected cars really take off.”

Axel Springer Plug and Play was formed when Axel Springer SE joined forces with the Plug and Play Tech Center, a leading start-up investor and accelerator based in Silicon Valley. The connected car program is part of Axel Springer Plug and Play’s fifth batch and begins on 27 October 2014. During the three-month program, participants receive comprehensive mentoring, workshops, office space and seed funding of usually 25,000 euros. The mentors come from the areas of start-ups, the electronics and automotive industries. The founders will benefit from the test infrastructure, extensive network and editorial expertise of AUTO BILD and COMPUTER BILD. In return, the accelerator will receive a five percent stake in the company.

For further information see www.axelspringerplugandplay.com/program/connected-car-special.

Press Contact Axel Springer SE:
Sandra Petersen

Tel: +49 30 2591 77613