Competition

40,000 euros prize for innovative business ideas

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04.09.2024 18:58
Porträt von Burgenland-Krone
Von Burgenland-Krone

The province of Burgenland and the Business Agency are launching the "Innovationsfit" campaign and are calling for entries in an ideas competition.

Visionary ideas from individuals, companies and educational institutions in Burgenland are being sought as part of an ideas competition organized by the province and the Business Agency. "The focus is on innovative approaches that are fundamentally new or have not yet been realized in Burgenland - and thus also represent added value for our region," explains Leonhard Schneemann, Provincial Councillor for Economic Affairs.

80 million euros for research
The proposals submitted can range from pure ideas to finished prototypes. These will be judged in five categories by a panel of experts. Prize money totaling 40,000 euros is up for grabs. The competition is intended to boost the launch of the "Burgenland Innovationsfit" project and motivate people to participate in the innovation process, explains research coordinator Martin Zloklikovits. The province offers comprehensive support and services for the implementation of ideas. 80 million euros are invested in research and development in Burgenland every year.

This article has been automatically translated,
read the original article here.

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