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RCS - OPPO - OPPO Calls for Innovative Proposals

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RNS Number : 7806K  OPPO  09 May 2022

 Oppo / Key word(s): Miscellaneous

OPPO Research Institute Calls for Innovative Proposals on Inclusion and Health
 with a Total Grant of up to USD $460,000

09.05.2022 / 10:30

The issuer is solely responsible for the content of this announcement.

OPPO Research Institute Calls for Innovative Proposals on Inclusion and Health
 with a Total Grant of up to USD $460,000

SHENZHEN, CHINA - Media OutReach (https://www.media-outreach.com/)  - 9 May
 2022 - OPPO today announced the OPPO Research Institute Innovation Accelerator
 to empower technology professionals and entrepreneurs that inspiration matters
 to bring innovative solutions to life and create a better future together,
 based on the brand value proposition of "Inspiration Ahead". The Innovation
 Accelerator is being held by the OPPO Research Institute and Microsoft for
 Startups as a strategic partner. The program aims to encourage all technology
 innovators to solve some of the most pressing issues facing humanity even amid
 times of uncertainty.

OPPO Research Institute Innovation Accelerator - Inspiration Matters

Centered on the theme of 'Virtuous Innovation', OPPO is looking to recruit
 proposals under two entry categories - Accessible Technology and Digital
 Health. Following the evaluation of proposals submitted by participating teams
 or individuals, up to ten proposals will be awarded grants of USD $46,000
 each, as well as further opportunities for investment opportunities, technical
 support, research and commercial partnerships, and promotion at global events.

Event Schedule

"OPPO believes deeply in the idea of 'Virtuous Innovation'. As we continue to
 explore new technology, we remain dedicated to doing so in a way that puts
 people first. Through technology, we are attempting to solve some of the
 biggest issues facing humanity so that we can create a better world for all,"
 said Levin Liu, Vice President and Head of the OPPO Research Institute. "With
 the severity of global issues like aging populations, poor public health, and
 digital divide increasing day by day, we could not rely on our own efforts to
 provide solutions. We have therefore initiated the Innovation Accelerator to
 empower likeminded innovators to solve these big issues together with us using
 the power of technology."

 Grants and technical support aim to help promising entrepreneurs realize their
 visions

The 2022 Innovation Accelerator will open online applications beginning May 8,
 2022, and winners will be announced after three months of preliminary
 evaluations and Demo Day roadshows( 1 
 (file:///C%3A/Users/ohanusniak/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/HMAGWIZE/1346745-1652085002-EN.html#footnote_1)
 ). OPPO will provide all winning teams or individuals with a financial grant,
 as well as support to help them further implement and promote their ideas.
 Each winning proposal will be entitled to the following incentives:

 ·      Approximately USD $46,000 (300,000 RMB) in grants

 ·      Partnership and funding opportunities

 ·      Commercialization of the proposed via integration with OPPO
 products

 ·      Publicity and demo opportunities at global tech events

 ·      Support from OPPO's R&D team including opportunities to meet
 and present ideas to industry professionals

 Proposals will be evaluated under the supervision of a professional Judging
 Committee, where they will be assessed against their ability to meet four key
 criteria: Feasibility, Innovation & Originality, Social Value, and
 Long-term Potential. OPPO also invited a judging committee of experts,
 academics, and senior professionals in the field of technology and innovation
 to help identify and accelerate the development of high-potential proposals.

 "Startups are home to a whole trove of innovative technologies that can
 provide innovative digital solutions to various industries," said James Chou,
 CEO and Managing Director of Microsoft for Startups, Greater China Region,
 Japan, and Korea. "With a decade of experience in China, Microsoft for
 Startups is dedicated to building an open and collaborative platform for
 startups and established companies to innovate together. We look forward to
 working with leading smartphone brand OPPO to develop innovative solutions for
 a variety of industries, as well as helping research and commercial
 applications support each other."

 OPPO has also established a separate referral award to encourage members of
 the public to refer outstanding innovation cases for consideration by the
 Innovation Accelerator Judging Committee. Members of the public can submit
 referrals through the OPPO website (http://www.oppo.com/en/proposal)  during
 the application stage, with prizes available for every successful proposal
 that makes it through the preliminary evaluation, Demo Day, and finalist
 stages.

In addition, OPPO is planning three international roadshows in Hyderabad,
 India, Tel Aviv, Israel and the United States.

 OPPO joins force with likeminded partners to deliver 'Inspiration Ahead'
 Spirit

Since its onset at the start of 2020, the global Covid-19 pandemic has
 disrupted the lives of billions of people around the world. At the same time,
 the fast development of technology is leaving certain disadvantage groups
 behind, creating new challenges for them as a result. As a company that takes
 its responsibility and commitments to society to heart through its brand
 mission of 'Technology for Mankind, Kindness for the World', OPPO hopes to
 address these issues and others like them through technology, helping to bring
 greater happiness and wellbeing to more people.

 Through its continued pursuit of 'Virtuous Innovation', OPPO has accumulated
 rich experience and expertise in accessible technology and digital health,
 including extensive user insights and applications. Among these are its work
 into accessible design and adaptation for elderly users, for example its Color
 Vision Enhancement technology on the Find X3 series, which assists users with
 color vision deficiencies. With ColorOS operating system and other products,
 OPPO has also introduced user interfaces adapted specifically for elderly
 users, enabling them to enjoy the benefits and convenience of technology.

 In order to facilitate health management among global users, OPPO has also
 founded the OPPO Health Lab, partnering with professional medical institutions
 and sports academies to develop innovative digital health products in both
 hardware and software. Through its research and development, OPPO hopes to
 help people improve their health through preventive healthcare.

 OPPO knows that its power to change to world as single organization is
 limited. Through the Innovation Accelerator, OPPO hopes to connect with other
 likeminded individuals, teams, and organizations to identify and develop
 high-potential solutions so that they can benefit those who most need them.
 OPPO intends to build the Innovation Accelerator into a long-term platform
 that addresses the most pressing public issues by attracting the best
 solutions from the brightest minds around the world, ultimately enabling more
 people to benefit from Virtuous Innovation.

 Applications for the OPPO Innovation Accelerator will be open from May 8 to
 June 30, 2022. To submit a proposal, refer a proposal, or learn more about the
 program, please visit the official OPPO Innovation Accelerator website
 at oppo.com/en/proposal/ (http://www.oppo.com/en/proposal)

 ###

 About OPPO

OPPO is a leading global smart device brand. Since the launch of its first
 mobile phone - "Smiley Face" - in 2008, OPPO has been in relentless pursuit of
 the perfect synergy of aesthetic satisfaction and innovative technology.
 Today, OPPO provides a wide range of smart devices spearheaded by the Find and
 Reno series. Beyond devices, OPPO provides its users with the ColorOS
 operating system and internet services like OPPO Cloud and OPPO+. OPPO
 operates in more than 50 countries and regions with more than 40,000 of OPPO's
 employees are dedicated to creating a better life for customers around the
 world.

 Media Contact:

 press@oppo.com( 1 ) All times are China Standard Time (UTC +8).

09.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service
 of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
 Financial/Corporate News and Press Releases.
 Archive at www.dgap.de

1346745  09.05.2022

 

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