Skip to content

TERMS OF
CONDITIONS

DREAM BIG NEXER INNOVATION RACE 2021

WIN UP TO 1 MILLION SEK

Dream Big Nexer Innovation Race – is a gender equal, global and entrepreneurial competition focused on innovative business solutions for the digital and tech industry.

Anyone is welcome to enter a business idea. It can be a service or consultancy business but also an innovative product. Your business idea may be presented at different stages (idea, Proof of Concept, prototype, etc.), but it is important that the idea has not yet been commercialized.

WHO CAN APPLY?

Apply either as an individual contestant or as a team (hereinafter referred to as a contestant). Minimum age for all contestants is 18 years. Dream Big takes gender equality seriously and we encourage both women and men to participate.

Dream Big is a global competition. Contestants who qualify for participation during the pitch day and the price ceremony can join via link.

GENERAL TERMS

All competition entries must be the contestants’ own idea.

Once the application has been submitted, the jury and Nexer have the right to analyse and evaluate the idea or solution. The jury or Nexer are not allowed to use an idea or solution submitted without agreement and approval by the respective contestant.

If the application is made by a team, a representative for the team shall be appointed as responsible for the registration and submission of the application. However, all team members must be specified. The representative acts on behalf of the team, approves the Terms of Conditions, and ensures that the team has read, understood and agreed to fulfil them.

A person can participate in more than one team and also participate as an individual contestant.

You may submit more than one contest contribution.

Contestants are responsible for making sure that the ideas submitted do not violate any third party’s intellectual property rights such as a patent or copyright.

The jury or Nexer is not responsible for any infringements of intellectual property rights.

Contestants agree that Nexer will be compensated for all damages and costs arising from any third party intellectual property claims against Dream Big regarding submitted applications.

APPLICATION AND CRITERIA

Application Period

The application for Dream Big can be submitted from 24 May to 19 September 2021.

Business potential

What is the market potential of the business idea?

Selection criteria

The jury assesses both the business idea and the contestant’s business understanding based on the following criteria:

Entrepreneurship and business acumen

Do the competitors have the realism, passion and commitment required, including a desire to succeed, to realise the business idea successfully?

Innovation

How innovative is the idea, and what are the possible opportunities for expansion?

Result

The jury’s decision cannot be appealed.

Technical implementation

Does the technical implementation of the service or product provide a future growth opportunity that meets the business needs?

DREAM BIG PRIZE

The winning prize amount is up to 1 million SEK and is tailored to the winners’ needs of funding, business support, technical know-how, marketing or sales support, mentorship or networking.

The prize will give you an opportunity to start-up and grow your business.

Communication and Marketing

All contestants that proceed to pitch-day and the finals endorse that Nexer may use submitted material in Dream Big marketing communications. For example, clips from the pitch day, images of participants may be used. However, the communication cannot reveal any important details about the business ideas and business plans. This means that Nexer has the right to publish parts of the contribution and images of the competitors, in digital channels, always in accordance with Swedish law and good practice.

Pitch-day and prize ceremony

By entering the competition, contestants commit to participate at a pitch-day. If the team also goes to the finals, the contestant commits to attend the announcement of the winner during Nexer Summit in November 2021. (Provided that the current pandemic allows us to gather.) For competitors outside Sweden, participation via link is possible.

Everyone involved in Dream Big has signed a confidentiality agreement and has no right to use or convey ideas/solutions proposals for commercial purposes without the contestants’ consent. These terms apply to all contestants (including all team members) who compete in Dream Big.

Responsible for the competition:
Nexer is the company behind the competition.

GET IN TOUCH WITH US

DO YOU HAVE QUESTIONS?

Send an email to dreambig@nexergroup.com or contact Beatrice Silow, Head of Communication, beatrice.silow@nexergroup.com or phone +46 703791506

Never miss a thing With Nexer’s newsletter you get all the latest updates on everything we do.

With Nexer’s newsletter you get all the latest updates on everything we do.