The EU-XCEL Challenge Final took place in Munich on October the 25th

Press Release ( - MUNICH, Germany - Nov 03, 2016 - The Challenge Final took place in the central amphitheatre of the Munich University of Applied Sciences, in Germany and more than 200 people were in the audience. Important was the presence of Mr Falk K. Strascheg, entrepreneur and investor, who is the main funder of the Strascheg Center for Entrepreneurship, one of the biggest innovation centers in universities in Europe.

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” startups.

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:
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Source : Strascheg Center for Entrepreneurship (SCE)

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CATEGORIES : High Technology
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