Each idea requires the right environment and conditions to be implemented. Through the Blue Growth marine challenge competition, we aim to provide the necessary infrastructure and conditions for the best ideas to mature and eventually become real businesses. Through the evaluation process, the best ideas will receive seed funding, the necessary working space and the training they need to start their business venture.
The prizes of the competition are detailed below:
The top 3 finalists will receive:
-€5,000 worth of business services and free entry to the incubation/acceleration program offered by Aephoria.net at their co-working space in Athens (mandatory).
– Awards will only be granted to enterprises that have completed the legal formation process in their country of origin.
– All teams are required to participate in promotional media and press events related to the Blue Growth marine challenge competition and the Aephoria.net program. This includes, but is not limited to, giving interviews and providing content for press releases and other promotional material. Teams will not be required to disclose any proprietary or otherwise confidential information related to their businesses. The Blue Growth marine challenge competition organizing committee and Aephoria.net, will provide relevant consultation to the participating teams, upon request, in order to avoid unnecessary sharing of information.
Incubation – Training for Sustainable Business
The 3 finalists teams as mentioned above, will receive access to co-working spaces as well as business incubation services developed by Aephoria.net, a pioneer sustainable-business incubation program that fosters business practices with a triple-bottom-line approach (People-Planet-Profit).
During its 2 years of operations, Aephoria.net has trained 58 business teams, has incubated 15 startups, while it has developed innovative business competitions like Blue Growth and Athens Startup Weekend Sustainability.
Additional information about Aephoria.net can be found on our website and facebook page.