|The American Society of Mechanical Engineers (ASME) has extended the applications to its 2021 ASME Innovation Showcase (ISHOW), a prestigious global hardware accelerator open to individuals and organizations from March 9 to April 6 for Kenya/Middle East and Africa; and May 3 for the U.S./Americas.
To date, ISHOW has enabled over 160 startups from more than 28 countries to solve critical quality-of-life challenges for people in underserved communities worldwide. ISHOW alumni have developed affordable devices to address issues including clean combustion, crop threshing, fetal health, food waste prevention, grain moisture meters, health diagnostics, safe drinking water, and many more that address the United Nations’ Sustainable Development Goals.
“We are proud to offer a forum for engineering problem-solving that truly improves lives,” said ASME Executive Director/CEO Tom Costabile. “We are continually impressed by the creative talent of ASME ISHOW participants and their passion for helping underserved communities around the world.”
Finalists receive product exposure, advice, technical insights through ISHOW’s rigorous review methodology, and compete for a share of $200,000 in seed grants, in-kind support, design services, and marketing and business development assets. Eight finalists are chosen for each of three regional events from hundreds of applications received each year. 2021 finalists will participate in regional events held virtually on April 29 for India/Asia Pacific (ISHOW India), June 3 for the Middle East and Africa (ISHOW Kenya), and July 15 for the Americas (ISHOW USA). Three companies at each event will join the ISHOW 2021 cohort.
“Social enterprises, now more than ever, need the support of the global impact community,” says Iana Aranda, director of ASME’s Engineering Global Development sector that houses ISHOW. “Social entrepreneurs across the world, including many ISHOW ventures, are on the frontlines of the response to the COVID-19 pandemic and advancement of the U.N. Sustainable Development Goals. We are fiercely focused on providing these innovators with accessible platforms for capacity building, expert engagement and co-design of scaling strategies suited for the new normal. Ensuring their success through this global crisis is of paramount importance.”
The 2021 cohort will be invited to the annual ISHOW Bootcamp in the fall to receive an extensive and customized design and engineering review by experts recruited to guide them as they scale to market. They will also have a chance to earn a second round of seed grants from ASME. ISHOW startups also showcase their innovations in the Tech Gallery at ASME’s annual Impact.Engineered forum.
ASME ISHOW annually matches up to 30 carefully selected innovators to a panel of judges and experts includes successful entrepreneurs, academics, engineers, designers, investors, and industry representatives from leading organizations in India, Kenya, and the United States.
Some of the ISHOW alumni include PayGo Energy, PlenOptika, Himalayan Rocket Stove, SAYeTECH and others here. ASME is supported by The Lemelson Foundation with a three-year strategic investment and to ISHOW implementation partners around the globe.