From 479 teams across the EU that applied for the Idea Challenge in autumn, 230 ideas addressed the topics Internet of things and Cyber Security & Privacy. On November 13th, the best 21 startups in these two categories were invited to present their ideas at pitch finals in Trento and Stockholm. At these events, which were initiated by EIT ICT Labs and its partners Trento Rise and STING, a jury consisting of industry experts, investors, business accelerators, and entrepreneurs selected the best six teams based on the quality of innovation and their respective business model.
3 winners: Cyber Security & Privacy
First place, 40,000 €: CHINO - from Italy - provides safe and regulatory compliant data storage for mobile health applications, giving to application developers the opportunity to focus on users' needs.
Second place, 25,000 €: Cleafy - from Italy - defends and certifies web-page source-code integrity in real time.
Third place, 15,000 €: Sentryo - from France - protects critical industrial networks against cyber attacks and provides network managers with full awareness over the situation.
3 Winners: Internet of Things
First place, 40,000 €: Undagrid - from the Netherlands - tracks non-motorised ground support equipment at airports by simply mounting a GSETracker on every trailer.
Second place, 25,000 €: Evothings Secure - from Sweden - provides an end-to-end solution for secure traffic for Internet of Things with tiny footprint.
Third place, 15,000 €: Sensewaves - from France - makes connected assets smarter by transforming raw sensor data into meaningful information.
“We are delighted that there were so many excellent and game-changing entries,” said Willem Jonker, CEO of EIT ICT Labs. “This competition shows just how aware startups are of ICT challenges facing the industry and society and how committed they are to be part of the solution for a better future.”
Six winner teams receive a combined price money of 160,000 Euros, the opportunity to join Europe’s top innovation network, office space for six months, and coaching by EIT ICT Labs’ Business Development Accelerator towards European success stories.
3 more winners to come
By the end of 2014, the Idea Challenge will have produced 24 winners out of the 790 startups who originally entered in spring and autumn. 21 teams have already been awarded in the categories Health and Wellbeing, Future Cloud, Cyber Physical Systems, Smart Spaces, Smart Energy Systems, Internet of Things and Cyber Security & Privacy; the remaining three winners will be selected at the pitch final on November 20th in London.