The EU-XCEL Challenge Final took place in Munich on October the 25th
EU-XCEL kicked-off in January 2015 and is a European-funded project. In this year's Challenge Final, 68 young entrepreneurs in 14 teams were participating.
By: Strascheg Center for Entrepreneurship (SCE)
All 14 teams received complimentary comments from the judging committee, which was composed from investors and entrepreneurs from six different countries: Germany, Greece, Denmark, Ireland, Poland and Spain. Team Mahoo which is trying to revolutionise the aftermarket car parts sector received the 1st prize with an award of 5000 euros, Drive Brands, a disruptive platform that connects brands with ordinary drivers in order to offer targeted and efficient advertising campaign on cars, received the 2nd place accompanied by 3000 euros and DOCYET, a personal AI-powered assistant that helps those travelling around the world to find and access medical treatment, the 3rd position and 2000 euros.
Useful information for the EU-XCEL programme:
EU-XCEL is an European virtual accelerator seeking for talented, young entrepreneurs with interest for ICT entrepreneurship. The goal is to form pan-european teams and support them in order to transform into "incubator-ready"
The programme is coordinated by the University College Cork (Ireland) and the other partners are: Technical University of Denmark, University of Applied Sciences Munich (Germany), Athens University of economics and Business (Greece), Poznan Science and Technology Park (Poland)and Universidad Politécnica de Cartagena (Spain).
EU-XCEL has 3 phases: Start-up Scrumin each of the 6 countries(intensive week-long training and mentoring and team formation), Virtual Incubation (12-week long virtual support) and Challenge Final.
More info: www.euxcel.eu
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Strascheg Center for Entrepreneurship (SCE)
Munich University of Applied Sciences (MUAS)