HDB4ElevateGreece Innovation Challenge: Until October 20 applications

HDB4ElevateGreece Innovation Challenge

Invitation to all companies of the Elevate Greece – startups registry to participate with their innovative-disruptive ideas in the Innovation Challenge competition which has now become an institution renews its annual meeting with the businesses of the innovation ecosystem is addressed by HDB in collaboration with Elevate Greece.

For the 3rd consecutive year, the Hellenic Development Bank-HDB in exclusive cooperation with the National Register of Young Enterprises Elevate Greece, acting as innovation accelerators, co-organize the innovation competition entitled “HDB Innovation Challenge” offering the possibility to Elevate Greece registered businesses to participate in the competition, implementing their idea into a product or service.

The Hellenic Development Bank-HDB provides the possibility of PoC (Proof of Concept) financing up to the amount of 20,000 euros (including VAT) per thematic unit with the prospect of concluding a commercial cooperation contract with the company that will be distinguished.

Application submissions started on September 12, 2023 and will end on October 20, 2023 through the Elevate Greece site.

This year’s competition aims to support creativity and foster a culture of innovation, while contributing with innovative solutions to countering the negative consequences of climate change and the desertification of the Greek countryside.

In the 3rd Innovation Challenge, those interested can choose between two thematic sections concerning:

  • In the development of a sophisticated electronic platform with the aim of assessing the risk (risk factor) as a result of climate change and natural disasters in homes and businesses per geographical region of our country.
  • In the development of a sophisticated electronic platform aimed at financing actions for the regeneration of abandoned villages with few (less than 50) or no inhabitants, aiming to create a tool that will help investment decisions in terms of the selection and promotion of local communities.

Questions about the competition can be submitted by email to the HDB organizing team at hdb4elevategreece@hdb.gr.