Events & Awards

Hungarian tech companies nominated for EIT Awards 2020

Twenty-eight European companies, including two Hungarian, have been nominated for an award at the 2020 awards for the European Institute of Innovation and Technology (EIT).

In addition to Hungary, the candidates include initiatives from Belgium, Denmark, France, Germany, Italy, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom. Awards will be presented in four categories: EIT CHANGE Award, EIT Innovators Award, EIT Venture Award and the EIT Woman Leadership & Entrepreneurship Award.

Among the Hungarian entries, the remote monitoring device called Entremo was nominated. It automatically measures the vital signs of patients in non-intensive care units, helping nurses monitor more patients more effectively, and also remotely. The online platform also sends alerts to healthcare staff about urgent cases.

The other Hungarian group nominated was PrO4Bake, an initiative that aims to optimize the production processes of bakeries operating as small and medium-sized enterprises (SMEs) in order to reduce food waste and minimize energy consumption. By using artificial intelligence and digitally linking demand forecasts, PrO4Bake can analyze consumer needs and improve production.

The first place winner in each category will receive EUR 50,000, while second place will take home EUR 20,000 and third place, EUR 10,000.

The public will have the opportunity to vote online starting on November 16 at eitawards.eu.

The awards ceremony will be held online on December 8-9.

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