The Henkel Xathon, an ideation hackathon for female founders, is taking place for the third time. The aim is to promote female entrepreneurs and talents in the technology industry, strengthening their business innovation and supporting them in building a relevant business network.
The Xathon will take place in Berlin from November 12 to 14, 2021 as a hybrid event (online and in-person). It’s hosted by Henkel dx Ventures, Henkel’s platform for open innovation and collaboration, together with Global Digital Women.
At the Xathon, participants can take part in live workshops at four different locations in Berlin and digitally, watch keynotes, collaborate with top female experts, and further develop their business ideas. A total of 100 female talents will get the opportunity to participate in this year’s hackathon.
“Diversity and gender equity are of strategic importance to us at Henkel. With the Xathon, we want to empower female entrepreneurship and support talented women in realizing their ideas and unfolding their full potential,” says Sylvie Nicol, chief human resources Officer at Henkel.
The Female Founder Monitor 2020 once again showed that targeted support for female founders is necessary: according to this, only 15.7 percent of all founders in Germany are female. Women entrepreneurs are particularly rare in the technology sector.
“The figures show that the road to equality in the tech industry is still long. But there is much more than just figures: every year at our Xathon we see impressive and great ideas from female founders. For us, it is a privilege to experience and support this female entrepreneurial power in tech,” says Michael Nilles, chief digital & information officer at Henkel. “I am truly convinced that innovation is built on diversity. That’s why we are very much looking forward to welcome 100 female founders and their early-stage business models.”
At the Xathon, Henkel brings together female talents and gives them the opportunity to gain new experience, drive their ideas forward, and network with stakeholders in the industry, laying the foundation for further development.
The participants will work on challenges to develop business ideas in different fields. After a pitch presentation in front of a jury and the audience, the winner will be announced in an award ceremony and receive, among other things, prize money that will help shaping and realizing her idea.
Participants will be selected based on the creativity, innovative power, feasibility, and relevance of their idea, and on an explanation of why they have the skills and talent to be an entrepreneur. Participants will be informed no later than October 14.