LVMH Group of Companies opens registration for the third annual award for startups for achievements in the field of innovation. The award is awarded within the framework of the project Viva Technology 2019. The new season ofViva Technologywill take place on May 16, 2019 in Paris. LVMH Group and LVMH Luxury Lab will be present at the event as a general partner. Several fashion houses belonging to the LVMH Group have also been announced to participate.

The LVMH Innovation Award was established in 2017 and immediately received a wide response from the industry. Startups created less than ten years ago, with an income of less than 100 million US dollars, less than 100 employees and solutions that meet the needs of the LVMH Group and the fashion houses that breathe into it can be nominated for the award.

The winner of the LVMH Innovation Award will receive personal support throughout the year, which will contribute to his growth. All finalists receive exceptional fame thanks to their participation in one of the world's major innovation events.

The list of participants of Viva Technology 2019 includes about 30 startups from around the world, whose ideas and solutions relate to the luxury industry and offer ways to solve the problem of Creating the customer experience of tomorrow. It is to expand the list of startups that will be invited to Viva Technology, LVMH organizes a competition to receive an innovation award.

Through this award, LVMH Group actively supports young creative talents and stimulates new ideas, accelerating their growth and market attractiveness, an approach that echoes the core values of LVMH creativity, innovation, excellence and entrepreneurial spirit. Previous winners of the LVMH Innovation Award were startups Heuritech (deep learning) in 2017, then Oyst (e-commerce solution), VeChain (block chain) and Kronos Care (post-purchase experience) in 2018.

Photo: LVMH,Gabriel De La Chapelle