Young Talent
Luxury Innovation Awards

2024 application news coming soon! Stay tuned! 2024 application news coming soon! Stay tuned!

A Competition for Students

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.

Key Dates and Fees

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 Process

  1. From all the valid and complete award applications, the LVG award committee will select up to five applications as Finalists for the Young Talent Luxury Innovation Award 2023.
  2. All five finalists will pitch their project online (preferably via zoom) to the LVG award committee and jury members.
  3. LVG award committee and the jury will finally select three Young Talent Luxury Innovation Awards winners.

Selection criteria:

  • Craftsmanship/Excellence
  • Innovation
  • Rarity/Exclusivity
  • Customer Experience
  • Sustainability/Social Responsibility
  • Technology/ Digitalization

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.

Am I eligible for the Young Talent Luxury Innovation Award?

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.

What are the different types of project applications accepted by the Young Talent Luxury Innovation Awards?

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.

What are the conditions to apply as an applicant?
  1. You have obtained your Bachelor’s or Master’s in the year 2022, OR you will obtain your Bachelor’s or Master’s in the year 2023/2024.
  2. You don’t have any company incorporated yet when applying.
  3. Your project, concept, idea must be within the luxury industry or designed to service the luxury industry specifically.
What are the Terms and Conditions to apply?

The Terms and Conditions to apply for the 2023 edition is here.

Who is behind the Young Talent Luxury Innovation Awards?

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

What are the award’s categories?

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:

  • Craftsmanship/Excellence
  • Innovation
  • Rarity/Exclusivity
  • Customer Experience
  • Sustainability/Social Responsibility
  • Technology/ Digitalization
How is the pitching done? Zoom or Physical?

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.

Are my application document and submitted presentations available to the public?

No, submitted materials are only accessible to the LVG award committee and Jury. The general public will not have access to any submitted materials.

What is the language of the application and pitch?

The application is in English. All the pitching materials should also be in English.

What is the selection process?

The selection process will cover the following steps

  • Register and apply online, and create your team’s profile
  • The LVG Award Committee will review your application and select five teams as finalists
  • Zoom calls will be conducted with finalists and the LVG award committee and jury to select three winning team.
  • The winners’ names will be announced, and the Winner’s Certificate will be handed over in a global award ceremony during the Luxury Innovation Summit 2023.

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.

Is there any fee to apply for the Young Talent Luxury Innovation Award?

No, the application is free of charge.

What is the prize money?

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.

Do I get tickets for the Summit as Applicant?

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.

Benefits

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.

  • The winning team will get powerful attention from the Luxury Innovation Summit Podium, and to those who matter the most in the luxury industry
  • Each finalist team will get two free tickets for the entire Summit.
  • Each finalist team will get exclusive coverage by LVG Media, press releases, social media and websites.
  • All finalists will showcase their projects to the attendees of the Luxury Innovation Summit 2023 at the Young Talent Luxury Innovation Awards’ booth.
  • Each finalist team’s contact details will be shared with all the invited press for any possible exclusive coverage or interview.
  • The winning team (three winning team and two finalists teams) will receive the Winner’s/finalists Certificate.

2023 Summit and Awards – Highlights

Applications are closed now

The 2023 Young Talent Luxury Innovation Awards are a prestigious contest for future young entrepreneurs in luxury