The annual MEMA Aftermarket Startup Challenge provides an opportunity for emerging technology companies to present their innovations to the broader aftermarket community and network with leading aftermarket companies.
MEMA Aftermarket Startup Challenge
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Overview
Finalists compete at the Aftermarket Technology Conference to be named the MEMA Aftermarket Startup Challenge winner.
Past Winners
- 2024: Tromml. Read press release.
- 2023: Legacy EV. Read press release.
Criteria
- Product/Service must have applicability with the commercial vehicle and/or automotive aftermarket.
- Financing – Applicants in most cases are still seeking investments.
- Growth Stage – Beyond Proof of Concept (POC)
- Actually works
- Some traction
- Some customers
- Some revenue
- Relevance – Of interest to MEMA members or members' customers.
- Technologies – Should fall into one of the categories listed.
Technology Categories
- Predictive Analytics
- Digital/Online Customer Engagement
- Supply Chain/Inventory Management
- Electric Vehicles
- Diagnostics
- Sustainability
- Fleet Management (CVs or passenger vehicles)
- Training
- ADAS
- AI
MASC Process and Timing
- July 10: Application submission deadline
- July 13-17: Evaluation period (if selection group needs clarifications)
- July 21: Finalists selected
- August 12-September 9: Coaching period (selection group member will work with each finalist on the pitch deck)
- September 9: Conference registrations
- September 30: Final pitch deck deadline (submitted to MEMA)
- October 5: Pitch Session during the Aftermarket Technology Conference
- VC/Investment executives serves as judges and ask questions
- Audience voting
- Winner announced
MEMA Emerging Technology Advisory Group & MASC Selection Committee
- Chris Gardner, MEMA Aftermarket Suppliers
- Steve Greenfield, Automotive Ventures
- Sandeep Kar, Noregon Systems
- Carl Norman, Capstone Financial Group
- Mike Pinelis, MicroTech Ventures
- Viswa Sankararaman, Robert Bosch
- Chris Thomas, Assembly Ventures
- Charles Vaillant, MANN+HUMMEL
