- July 13, 2023
- Posted by: EBAN Team
- Category: News
ENTREPRENEDU, a project dedicated to supporting young entrepreneurs in transforming their ideas into successful businesses, is organizing a series of 3 business competitions named HackTheBusiness. The first event took place from 15 to 17 June at We Make Future in Rimini, Italy, and was aimed at 30 teams, including students, new start-ups and researchers who want to acquire entrepreneurial skills and explore their business potential.
The competition was an opportunity for collaboration, learning, and growth. EBAN is delighted to have collaborated in organizing the first HackTheBusiness competition. We are proud to have created an environment where young entrepreneurs could showcase their groundbreaking ideas and receive valuable guidance and mentorship. Through our collaboration with ENTREPRENEDU, we reaffirm our commitment to nurturing and empowering the next generation of entrepreneurs across Europe.
During the 3-day event, teams were presented with a challenge: pitch groundbreaking problem-solving ideas in SpaceTech, ClimateTech, or FoodTech. With the constant guidance of ENTREPRENEDU mentors, participants refined their ideation concepts over 72 hours. The pitches were evaluated based on criteria such as innovation, feasibility, market scalability, and social impact.
ENTREPRENEDU is pleased to announce the winners of the first HackTheBusiness competition and their innovative DeepTech ideas:
Winner #1: BACKWARDS BACKWARDS aims to tackle the issue of packaging waste by creating reusable packaging and logistics infrastructure.
Winner #2: SHADES OF BLUE SHADES OF BLUE aspires to establish a certification system and consultancy services for sustainable water resource management, helping companies monitor, improve, and communicate their impact on rivers and water.
Winner #3: AS YOU LIKE AS YOU LIKE seeks to transform the dining experience through a mobile app that enables users to customize meals, access real-time nutrition information using Visual-AI, and discover restaurants aligned with their dietary needs.
Winner #4: BOBIS BOBIS aims to reduce CO2 emissions caused by last-mile logistics by developing a platform that encourages local consumption and facilitates the search for products and services within a three-kilometre radius.
These visionary young entrepreneurs have demonstrated their ability to “hack the business” by developing groundbreaking ideas that have the potential to revolutionize their respective industries. As winners, they have been awarded business prizes and granted access to dedicated ENTREPRENEDU mentoring courses, enabling them to transform their ideas into successful businesses.
HackTheBusiness was organized by Fondazione E. Amaldi, Corallia, Cleantech Bulgaria and F6S, and Luiss Guido Carli, Fraunhofer IPK, the European Business Angels Network and the University of Thessaly.
About ENTREPRENEDU Project:
ENTREPRENEDU is an initiative funded under the Horizon Europe program, bringing together innovation stakeholders and educational entities from six different European countries: Italy, Bulgaria, Greece, Belgium, Germany, and Ireland. The project aims to enhance European entrepreneurial ecosystems for education.
Read more here!