Silicon Catalyst, the world's only incubator focused exclusively on accelerating semiconductor solutions, announced it is partnering with Arm on the Arm Flexible Access for Startups Contest. The contest is directed toward early-stage entrepreneurial teams developing a System-on-Chip (SoC) design using Arm® processor IP (intellectual property).
The 2024 Arm Flexible Access for Startups Contest is open to privately owned startup companies in pre-seed, seed, and Series A funding that have raised a maximum of $20 million in funding. Arm technology credits of $250,000 and $150,000, will be awarded to the Winner and Runner-up, respectively, and can be used to cover IP fees for a complete embedded system or contribute to the cost of a higher-performance system. The winner and runner-up will also receive additional benefits, including a pitch review session hosted by the Silicon Catalyst Angel investment group. All contest applicant organizations will be considered for acceptance to the Silicon Catalyst Incubator/Accelerator.
Paul Williamson, senior vice president and general manager of the IoT Line of Business at Arm, said Arm technology is recognizing and supporting the next wave of innovators to grow their business and accelerate their SoC designs. "We know that time to product and access to the largest possible market is critical for startups, which is why we created Arm Flexible Access for Startups, providing zero-cost access to a wide portfolio of IP, tools, and support, to maximize their chance of success," said Williamson.
Pete Rodriguez, Silicon Catalyst CEO pointed out that the winning and runners-up prizes of Arm technology credit represent significant investments for start-ups, so they can accelerate the commercialization of their products. This is a game-changer for silicon startups looking to design and deliver innovative SoC devices through the Arm Flexible Access for Startups program. "As a key strategic and in-kind partner, we are delighted to again be supporting Arm through the contest and assisting the next generation of leading silicon startups to deliver commercial success and business growth," said Rodriguez.
The contest is live now and will run through May 17, 2024. It will be judged by senior executives from both Arm and Silicon Catalyst, and the contest winner and runner-up will be announced in June 2024. Contest rules and application details can be found here.
About Silicon Catalyst "It's about what's next"
Silicon Catalyst is the world's only incubator focused exclusively on accelerating semiconductor solutions, built on a comprehensive coalition of in-kind and strategic partners to dramatically reduce the cost and complexity of development. More than 1000 startup companies worldwide have engaged with Silicon Catalyst and the company has admitted over 100 exciting companies. With a world-class network of mentors to advise startups, Silicon Catalyst is helping new semiconductor companies address the challenges in moving from idea to realization. The incubator/accelerator supplies startups with access to design tools, silicon devices, networking, and a path to funding, banking, and marketing acumen to successfully launch and grow their company's novel technology solutions. Over the past nine years, the Silicon Catalyst model has proven to dramatically accelerate a startup's trajectory while at the same time de-risking the equation for investors.
In 2023, Silicon Catalyst UK was awarded a contract by the UK Government to establish an incubator for entrepreneurial teams based in the UK targeting the semiconductor industry. More details at: https://www.eetimes.com/silicon-catalyst-launches-1-3m-chipstart-u-k-incubator/
Silicon Catalyst has been named the Semiconductor Review's 2021 Top-10 Solutions Company award winner. The Silicon Catalyst Angels was established in July 2019 as a separate organization to provide access to seed and Series A funding for Silicon Catalyst portfolio companies.
More information is available at www.siliconcatalyst.com and www.siliconcatalyst.uk
About Silicon Catalyst Angels
The Silicon Catalyst Angels was established in July 2019 as a separate organization to provide access to seed and Series A funding for Silicon Catalyst portfolio companies. What makes Silicon Catalyst Angels unique is the investment group's visibility into a semiconductor-focused deal flow pipeline, and our membership comprises seasoned semiconductor veterans who bring a wealth of knowledge and their ability to invest. Driven by passion and a desire to 'give back', our members understand the semiconductor market thanks to a lifetime of engagement in the industry. When you couple our members' enthusiasm, knowledge, and broad network of connections with companies vetted and admitted to Silicon Catalyst, you have a formula that is nonexistent within the investment community. More information about membership can be found at www.siliconcatalystangels.com
Contact Information
Silicon Catalyst LLC Richard Curtin, Managing Partner (richard@siliconcatalyst.com)
Silicon Catalyst.UK Sean Redmond, Managing Partner (sean@siliconcatalyst.uk)
Silicon Catalyst Israel Moshe Zalcberg, Managing Director (moshe@siliconcatalyst.com)
