After the careful evaluation of the applications 8 teams were invited to participate in the 2-day preparatory bootcamp and the PowerUp!2018 country final in Greece.
Bootcamp: The 8 finalists had the opportunity to attend a two-day bootcamp that took place on the 12th and the 13th of May at the offices of KiNNO. During this bootcamp every team worked closely with expert coaches and a mentor on their business case and their pitch. These were:
Country final: The PowerUp!2018 country final in Greece, was successfully completed on the 14th of May 2018 at the premises of the National Bank of Greece (Pireos 74, Moschato), where the 8 finalists presented their business ideas in front of the jury of the competition and the audience.
The finalists had at their disposal 4 minutes to present their business idea and convince the jury. After each presentation or pitch the jury had 3 minutes for questions or comments on the presentation. For each team the Jury had to answer one question: “How likely are you to invest your own money in the presented start-up?” on a scale from 1 to 5.
The members of the jury this year were:
• Mr. Spyros Arsenis, Business Seeds Coordinator of the National Bank of Greece
• Mr. Yorgos Mousmoulas, Partner at Metavallon VC
• Mr. Dionissis Spiliopoulos, Lean startup Educator and ex. President and Managing director of Schneider Electric Greece
• Mr. Michał Kraszewski Business Creation Manager at InnoEnergy and chairman of the Jury.
The winning team was Recytrust, which is developing an IoT quantitative recycling performance technology & collection service to disrupt the waste management sector.
NanoTC, a team that is developing a solution for energy efficiency and heat regulation won the 2nd place and EFESYS, a startup that is developing a solution for increasing Renewables in Microgrids won the 3rd place.
The other finalists were:
Community Energy River – A platform for energy communities
Enerfil – Digenis Photovoltaic solar station
Ledapp – An app for purchasing LED lamps
Recycglobe – An intelligent waste management system
Solar Networks – A marketplace for small RES systems
The Media sponsors for the PoweUp!2018 Country final in Greece were:
Recytrust will represent Greece in the grand finale of the PowerUp! competition in Prague and it will compete with the winners of more than ten country-wide finals across CEE.
The best ideas will be given the opportunity to participate in the InnoEnergy Highway®, a business accelerator that aims to commercialize sustainable energy business ideas, giving financial support and consulting services for the development of their idea worth up to € 150,000. Moreover, the European contest will highlight three winners. The first winner will receive a cash prize of € 30.000, the second € 10.000 and the third € 5,000, while all participants will benefit from new business contacts and advice from experts and professional mentors.