London, 23 May 2018 – The Lloyd’s Register Safety Accelerator – established to solve some of the toughest safety and risk challenges by creating, facilitating and guiding collaboration between innovative technology companies and industry – has partnered with global innovation platform Plug and Play.
Lloyd’s Register Safety Accelerator partners with Plug and Play to solve the world’s toughest safety and risk challenges
The Lloyd’s Register Safety Accelerator, a joint initiative between Lloyd’s Register and the Lloyd’s Register Foundation, is bringing together startups and industry to work together to test innovative digital solutions to the world’s toughest safety and risk challenges. It aims to make the world a safer place, through accelerating the adoption of cutting edge safety technology.
The programme is currently working with critical infrastructure industry leaders around the world to identify and target areas of operation with the most significant safety and risk challenges. To address these challenges, Silicon Valley-based Plug and Play will tap into their global network of startups to identify and connect innovative companies with the programme.
Startup finalists will be invited to pitch their solutions at quarterly Innovation Days, and the most promising teams and proposals will be awarded trial funding by the Lloyd’s Register Safety Accelerator to collaborate with major industry partners to pilot their technology.
“Digital innovation is rapidly transforming the world in which we live and work, bringing huge opportunities, but also great challenges. Some of these challenges, the toughest and most complex, call for new collaborations, fresh perspectives and ground-breaking approaches. We are delighted to partner with Plug and Play to connect with their world-class network of high-potential startups, and create the opportunity for entrepreneurs to help solve some of the industry’s biggest safety and risk challenges in non-traditional ways,” says Maurizio Pilu, VP, Digital Innovation at Lloyd’s Register.
Plug and Play runs themed accelerator programmes in more than 20 locations worldwide. They will use their networks to find innovative technology companies that support specific safety challenges identified by the Lloyd’s Register Safety Accelerator and industry.
“We’re thrilled to partner with Lloyd’s Register to help support the Safety Accelerator. Maintaining safety is a required element of doing good business across every industry. By combining Lloyd’s Register’s expertise and extensive footprint in safety-critical industries, the Foundation’s deep understanding of global industry challenges, and our startup knowledge, we plan to create and promote a safetytech market that brings the world’s best startups and corporations together to make the world a safer place, one pilot at a time,” says Michael Olmstead, CRO of Plug and Play.
The Lloyd’s Register Safety Accelerator will open applications for its first series of innovation challenges at a launch day on June 27th in London, focused on the safety of life on board ships and floating platforms. The event will provide the opportunity to find out more information about the challenges from each of the industry challenge partners and hear from successful safetytech startups already working in this area.
The Safety Accelerator is a joint initiative between Lloyd’s Register, one of the world’s leading providers of professional services for engineering and technology and the Lloyd’s Register Foundation, a charitable foundation helping to protect life and property by supporting engineering-related education, public engagement and the application of research, which is funding the programme.
For more information about the Lloyd’s Register Safety Accelerator, how to become an industry challenge partner, or to apply to solve a challenge, please visit: www.lr.org/en/safety-