IRU and Road Ventures SA have announced the six finalists of the inaugural Startup Competition, for the most promising innovations in the road transport industry.
The finalists are CargoX, Kido Dynamics, Lowbus, Meep, SafeDrivePod and Zeleros Hyperloop.
Boris Blanche, Managing Director at IRU said, “The IRU World Congress is all about defining the future of the road transport industry, with innovation taking centre stage. And, unlike most conferences, it’s not just a talking shop. This Award will give the winning company a significant boost, which in turn will help bring innovation to the industry.”
The Startup competition is aimed at mobility, transport and logistics startups, encouraging innovation and entrepreneurship. The finalist list was narrowed down from a wide range of applicants.
Patrice Crisiniel Road Ventures’ Managing Director, said, “This is a very exciting list of innovators and entrepreneurs. I’m looking forward to meeting them all at the IRU World Congress in Muscat and learning more about their innovations.”
IRU World Congress attendees can find out more about each finalist at the Innovation Alley at the Congress.
The winner will be announced on 8 November 2018 during the final plenary session, with a prize of up to USD 100,000 direct investment.
IRU is the world road transport organisation, promoting economic growth, prosperity and safety through the sustainable mobility of people and goods. Founded in 1948, IRU has members and activities in more than 100 countries. IRU conceived TIR in 1949 and continues to manage the system.