For the first time this year, a special competition named the Young Talents Award has been opened to advanced students or recent graduates having a disrupting project for the Luxury industry but whose company still needs to be formed. This year, the international jury composed of highly regarded scholars specialised in luxury has selected Pierre Coutaz and Guillaume Bonneau, students at EPFL in Lausanne and leading the Time Designers project, as the winners of the 2023 Luxury Innovation Young Talents Award.
Application Dates
Entries Open on 10 March 2023
Submission deadline on 10 August 2023 at 23:59 CET
Application Fees
Participation is free of charge.
Notification of Shortlisted Teams and Finalists
10 August 2023 | 12 August 2023 | 17 August till 24 August 2023 | 30 August 2023 | 18-20 September 2023 |
Applications closed | Announcement of 5-7 Finalist teams | Finalists’ online pitches | up to 3 Winners (teams) announced | Luxury Innovation Summit and Awards Ceremony
All the finalists team will join at the LVG booth. |
Selection criteria:
Note: LVG award committee and Jury members may set additional criteria. Additional criteria might be added, changed or removed per the Jury’s recommendation. Organisers hold the right to change them at any time without any notice.
Applications are open to teams (not companies) composed of 2 to 5 individuals who have obtained a Bachelor’s or a Master’s in 2022 or will graduate (Bachelor’s or Master’s) in 2023/2024.
The application is open to individuals based all over the world.
The Young Talent Luxury Innovation Awards accepts various types of project applications, including business plans, group projects, master or bachelor theses, and innovative business ideas. While there are no specific guidelines on the type of project that can be submitted, the application must be presented in a PDF format, preferably as a PowerPoint presentation.
The Terms and Conditions to apply for the 2023 edition is here.
Initiated in 2023, the Young Talent Luxury Innovation Award is a new initiative by the Luxury Venture Group. The Luxury Venture Group is a Swiss-based venture capital, and acceleration vehicle that selects, promotes and invests in the startup & growth phase of luxury companies and startups.
Learn more: www.lvg.swiss
There is no specific category for the Young Talent Luxury Innovation Award as far as the project submitted is within the Luxury industry or servicing it specifically. However, applicants should focus on one or more of the below criteria:
The five finalists teams will all pitch via Zoom.
The LVG award committee and jury voting will select the winning team out of the five finalists teams.
Further information will be shared with shortlisted teams.
No, submitted materials are only accessible to the LVG award committee and Jury. The general public will not have access to any submitted materials.
The application is in English. All the pitching materials should also be in English.
The selection process will cover the following steps
FINALISTS will receive instructions regarding the pitching schedule (from 17 to 24 July 2023). The pitching zoom call for each finalist will consist of a 6-minute pitching presentation with slides and a 10-minutes Q&A.
No, the application is free of charge.
There is no prize money. During the Luxury Innovation Summit in Geneva, the five teams selected as finalists will gain direct access to some of the luxury industry’s leading investors and decision-makers. Global media coverage, interviews, and a showcase of the finalists’ projects at the booth of the Young Talent Awards during the Summit will give high visibility to all the finalists and the winning team.
All five finalists’ teams will receive two tickets for free for the entire Summit (18-20 September 2023)
Gala Dinner Invitation is not included.
All applicants will receive two online passes to join the event virtually and do the networking via the Summit Attendee Portal.
Future entrepreneurs in luxury who take part in this unique opportunity will gain direct access to some of the luxury industry’s leading investors and decision-makers – during the Luxury Innovation Summit in Geneva.
2023 Summit and Awards – Highlights
The 2023 Young Talent Luxury Innovation Awards are a prestigious contest for future young entrepreneurs in luxury