Poliloop, which develops microbes that break down plastics, became the Hungarian startup of the year

By: Trademagazin editor Date: 2020. 04. 29. 11:12

The biggest energy startup competition in Central and Eastern Europe, PowerUp, ended with the victory of Poliloop, which consists of Hungarian developers! The Hungarian startup of the Year also became the team that solved the environmentally friendly decomposition of polluting plastics – the organizers informed MTI on Wednesday.

According to the announcement, 425 start-ups in 24 countries in the Central and Eastern European region, including 360 startups, have applied this year for the sixth PowerUp! competition.

In Hungary, almost thirty teams started the competition, ten of them made it to the national final, which was held online on Tuesday. Competitors were required to present their development and related market ideas to a jury of five leading corporate and innovation experts. (MTI)