faq.

Question 1

WHO CAN PARTICIPATE IN THE BOSAL CHALLENGE?

Answer

We’re looking for an innovative startup, a passionate entrepreneur, or a driven team
of inventors who have a product developed, prototyped, or ready to bring to market
with a global market potential to submit their product for the BOSAL Challenge. If
your product satisfies the needs of water purification solutions, aquathermal energy
systems, or energy storage, we’re looking for you.

Question 2

WHY PARTICIPATE?

Answer

Participating in the BOSAL Challenge gives your venture a unique opportunity to
partner with an industry leading manufacturer in the automotive and energy industry
passionate about bringing renewable energy solutions to the market. We’re looking
for the very best of the best, and if selected, it proves just how innovative your
product really is. Gain the recognition you deserve, the support you require, and the
market access that every prototype or product needs to become successful.
BOSAL is a well-established international company with tremendous capabilities and
judgment in finance, engineering, supply chain and logistics, manufacturing, quality
management and so much more. We’re willing to provide critical support through
knowledge, experience, and resources to ensure that the selected parties of the
BOSAL Challenge can launch their product internationally. With our massive
international industrial network, partnering with BOSAL could be the
difference between succeeding and failing.

Question 3

WHAT’S IN IT FOR BOSAL?

Answer

Here at BOSAL, nothing is more important to us than embracing a fresh line of
thinking – especially when it comes to renewable energy solutions. By partnering
with you as the selected innovative partner of the BOSAL Challenge, we can
invigorate our portfolio and launch your product together. And if the opportunity is
right, we’d love to participate in your company or IP.

Question 4

HOW IS CONFIDENTIALITY ENSURED?

Answer

We understand just how important your prototype is to you, which is why we’ve gone
to great lengths to ensure that your idea, concept, vision, or product remains yours.
All information exchanged throughout your participation in the BOSAL Challenge will
remain entirely confidential and secure. However, NDAs will not be signed with all
submissions, yet you can rest assured that your submission remains private.

Question 5

HOW DOES THE SELECTION PROCEDURE WORK?

Answer

First, complete your application with a detailed product pitch through the form on this website. Once we receive your submission, your application will be evaluated by a jury comprised of seasoned BOSAL senior executives. Within one week’s time, you’ll receive a response. If your innovation is considered a fit, we will start a more profound process of discovery which will hopefully lead to mutually beneficial partnership. From there, we’ll commercialize your vision, scale your product, and bring your solution to market.

Question 6

HOW SOON WILL APPLICANTS HEAR BACK FROM BOSAL?

Answer

Upon completing your application and entering your submission, you’ll receive a
response from our senior executive team within 1 week regarding the status of your
submission.

Question 7

HOW LONG DOES THE NEGOTIATION PROCESS LAST?

Answer

Upon receiving a positive response to your application, you’ll be invited to start the negotation process for commercialization with our senior executive team. This negotation process may take 3 to 6 months.