Frost & Sullivan and EY honor PACE for growth and innovation
Official press release
Download as PDF26.10.2017
The former Kickstarter project PACE has grown into a mature partner for connected cars. The startup just won the coveted Frost & Sullivan Award in London. At the same time, co-founder Dr. Martin Kern is entering the final round of the “Entrepreneur Of The Year” award.
It’s been nearly two years since the German startup PACE Telematics managed to gain the attention of the international press as its product turned into an overnight Kickstarter sensation; two years, in which L-Bank and renowned business angels started backing the project as investors with a significant, seven-digit financing.
Starting out as a smartcar solution for end customers, PACE has since then also developed into a customer-loyalty solution for automobile workshops and insurances. The PACE founders have now been rewarded for their exceptional work with the “Frost & Sullivan Best Practices Award 2017” in London.
The international management consultancy firm Frost & Sullivan honors companies which make outstanding contributions to progress, growth and technological innovation in the global market every year.
PACE co-founder Dr. Martin Kern nearly simultaneously accomplished to be selected as one of the finalists for the “Entrepreneur Of The Year” award.
The “Entrepreneur Of The Year” is one of the world-wide most renowned awards for entrepreneurs. For over 30 years, EY has been awarding selected entrepreneurs in 60 countries for special achievements. The jury’s evaluation criteria consist of growth, potential, innovation, leadership and social responsibility.
“We are very happy about reaching the finals. For us as a young startup, it is something very special, of course,” says Dr. Martin Kern. “Being one of the finalists in this tradition-rich contest is also a great acknowledgement of the active commitment and hard work of the whole PACE team during the last years.”
The award ceremony of the “Entrepreneur Of The Year” with Christian Lindner and Judith Rakers takes place in Berlin on November 17.