i3 - November/December 2018 - 30

JANUARY 8-11, 2019 | LAS VEGAS, NV

EXTREME TECH CHALLENGE:

FROM
CES TO THE
VIRGIN
ISLANDS

An Island Getaway for Entrepreneurs
tweet from tech billionaire
Richard Branson best describes
the Extreme Tech Challenge:
"We are looking for people and ideas that
can literally change the world."
It may seem like a lofty goal, but as one
of the largest and most prestigious tech
competitions, XTC prides itself on giving
the world's most innovative businesses a
platform to pitch their ideas to investors,
businessmen and Branson himself. For

this year's competition, roughly 600 companies entered the "Ultimate Startup
Adventure," but only three get to go to the
finals on Necker Island, Richard
Branson's 74-acre private island.
Usually known for its picture-perfect
beaches and sustainable flamingo
30

NOVEMBER/DECEMBER 2018

population, the three businesses spend
their time on Necker Island pitching their
company to Branson and others. When
they're not going through intensive Q&A
sessions and meeting major tech influencers, they can usually find time for some
snorkeling and windsurfing.
But before the island getaway, the competitors must go through a rigorous process where the many applicants are
narrowed down to 25 companies, then 10.
Those 10 semi-finalists go to CES, where
they pitch their companies to a lineup of
influential judges, including CTA
President and CEO Gary Shapiro,
Samsung Electronics President Young
Sohn and Plug and Play Tech Center
Founder Scott Robinson.
The competing companies - whose
work ranges from healthcare to drones
and 3D printing - come from all over the
world to compete. These companies also
exhibit their work in CES' startup area,
Eureka Parkā„¢.
XTC is designed to help entrepreneurs
who are "natural winners." In other words,
"Someone who is not afraid to try things
out and also someone who is not afraid to
fail and if it happens (which it will), gets

up an gives it another go," said XTC's
COO, Sabine Schindlbauer.
Three companies from the CES event
are chosen for the workcation of a lifetime
in Necker Island. XTC hopes all participants use the opportunity to network
with the many Fortune 500 businesses
within the circle, meet mentors and feel
more empowered through the experience.
"Applicants get unprecedented access
to incredibly accomplished serial entrepreneurs, investors, mentors, advisors
and innovators that can help them scale
much quicker and with much less friction," Schindlbauer said. "The Extreme
Tech Challenge certainly has all components of a regular tech competition, but
on top of that we create unique experiences and thereby encourage our applicants think outside of box as well."
Previous winners and XTC finalists
have shown that that competitors are
worthy of the spotlight, with products
and ideas that could revolutionize what
we know about technology. In 2018,
Vantage Robotics won XTC with the Snap
drone, a portable, affordable and durable
drone camera. ReDeTec, another 2017
finalist, showed the Protocycler, the
"first and only system for recycling waste
plastic into new filament." For more
information, visit: www.extremetechchallenge.com.
I T I S I N N O VAT I O N


https://www.ces.tech/ http://www.extremetechchallenge.com http://www.extremetechchallenge.com http://www.extremetechchallenge.com

i3 - November/December 2018

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i3 - November/December 2018 - Cover1
i3 - November/December 2018 - Cover2
i3 - November/December 2018 - Contents
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