The MVM Group is constantly looking for new opportunities and innovative solutions. Over the past few years, 32 finalist teams have already participated in its complex training program, gaining insights into the startup world with expert support.
In addition to innovations that will shape the energy of the future, the next competition will allow inventors to pitch their ideas for the homes, cities, digital infrastructure, fintech, customer service and product innovations of the future.
Mature-stage companies can apply with a ready-made solution, while those whose creative solution is still in an early, concept stage can submit an idea in one of the given categories.
The MVM Group welcomes innovations from startups, spinoffs, SMEs, university students and individuals from within and outside the country.
While for the concept phase, the only requirement is Hungarian citizenship, applications from mature-phase groups are open to citizens of countries where the MVM Group is present (Czech Republic, Romania, Slovakia, Austria and Switzerland).
As in previous years, the shortlisted finalists from the first round of evaluation will participate in MVM’s EDISON training program, which will provide 12 teams (six early and six mature) with two months of training starting March 2022.
In May, a jury of experts will then select the best solutions. The winners from the mature and concept categories will receive grants of three, two and one million forints. The best solutions will also have the chance to win an investment of up to HUF 50 million from MVM Smart Future Lab Zrt., the incubator company of the MVM Group.
The organizers are accepting applications online only until January 31, 2022, at www.mvmedison.hu.