U-SOLVE in Greece granted 5 SMEs as a results of the pitching day event
The Greek partners of U-SOLVE project, an initiative funded by ENI CBC Med with a total budget of 3.5 million euros (of which 3.2 million euros, or 90%, comes from European funds), are proud to announce the successful conclusion of their online Pitching Day event held on October 9th, 2023. Spanning a duration of 2.5 hours, the event saw the participation of 11 promising startup teams. These teams showcased their innovative solutions and business models aimed at addressing some of the region's urban challenges.
We extend our heartfelt gratitude to all the startups that participated and presented their groundbreaking ideas. Following a series of impressive pitches, we are delighted to announce that the standout winners of the event are OLIVEEX, VERTLINER, UPIRIA, MECANO, and APOLLO.
The esteemed judging committee comprised entrepreneurship and startup experts from Institute of Entrepreneurship Development (iED), e-Trikala, University of Cyprus, and Whitebeams Ventures. The committee evaluated the pitches based on four key principles:
- Innovation and Creativity: The solution proposed by the startup is not only unique but also brings a fresh perspective to the table.
- Applicability: The innovation presented has a clear proof of concept, ensuring its feasibility and practicality.
- Wealth Generation: The innovation has a proven business model, indicating its potential to generate revenue and contribute to economic growth.
- Team Appraisal: The team behind the startup aligns with the mission and has the capability to drive the innovation to success.
The Pitching Day event was a testament to the thriving Greek startup ecosystem and the commitment of U-SOLVE in fostering innovation and sustainable entrepreneurship in the Mediterranean region. Each of the winning teams will receive a grant of €10,000 through the U-SOLVE project and will have the opportunity to further develop their solutions and make an impact.