A Hungarian company also won the EBRD’s entrepreneurial tender
A Hungarian company also won the competition of the European Bank for Reconstruction and Development (EBRD), Smapp Lab together with two foreign companies received the main prize of the competition for food technology startups, the EBRD told MTI on Tuesday.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2023/04/potato-beetle-g83e5aaaf3_640-300x218.jpg)
(Photo: Pixabay)
The insect monitoring platform of the Hungarian company supports the optimal use of pesticides, the machines of the Tunisian Kumulus produce fresh water in a sustainable manner, and the growth additives of the Turkish Biftek reduce the costs of laboratory meat production – read the description of the winners. One of the other winners developed an irrigation support system, and there is also a company that makes edible cups to reduce waste.
The winners were selected in part based on the importance of the problem they were trying to solve
In addition, the uniqueness of the products and services, the market entry strategy or the opportunities inherent in the developments were also taken into account. The winners receive personalized consulting support, receive a 10,000-euro grant for additional services, and can appear on international forums.
The EBRD justified the announcement with climate change and population explosion. In 2050, there will be 9.6 billion people on Earth, so solutions to the difficulties of food supply systems must be found. Support for innovative products, services and technologies can contribute to the sustainability and efficiency of the agri-food industry, they added.
MTI
Related news
Coca-Cola Hungary has developed new educational modules on waste circulation
After the online curriculum on the basics of the circular…
Read more >K&H: carbon dioxide emissions do not decrease by themselves
In the absence of a sustainability strategy and concrete carbon…
Read more >Minister of Agriculture: sustainable agriculture and forestry play a prominent role in the fight against climate change
Sustainable agriculture and forestry play an outstanding role in the…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >