These innovative ideas are worth a million dollars

Nine domestic start-ups, nine teams and 10 other SMEs offered the most innovative ideas in the second annual StarTech competition and won a million-dollar grant.

The money will help them develop their products and conquer domestic and foreign markets in the next year and a half.

In the competition of 197 submitted projects, many interesting ideas were highlighted, including the development of self-sustaining ecological houses, anti-cavity gel, fire extinguishing gel, a basket that returns balls after taking a shot, smart dog toothbrushes and smart pet houses, blocks for the construction of houses with almost zero thermal energy consumption, cultivation of bees in one’s own home or smart bins for the disposal of packaging.

At the ceremony, the cheques were presented by Minister of Information and Telecommunications, Mihailo Jovanovic, Minister of Science, Technological Development and Innovation, Jelena Begovic, Director of Corporate Affairs of Phillip Morris for Southeast Europe, Ivan Miletic, and Executive Director of NALED, Violeta Jovanovic.

The U$5 million StarTech program was launched at the end of 2020 to support the digital transformation of SMEs.

It is part of Philip Morris’ three-year project to promote innovation and technological development in Serbia, implemented by NALED together with the Government of Serbia.

Izvor: BIZLife

Foto: BIZLife