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.

(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
AI and sustainability will be this year’s key trends
This article is available for reading in Trade magazin 2025/2-3.…
Read more >Sustainable from the farm to table
Nestlé has made a global commitment for 2025: to source…
Read more >Logistics sector still ahead of a sustainability shift
In the logistics sector the need for sustainability is becoming…
Read more >Related news
Online price monitoring may expand
In order to protect families, keep inflation low and strengthen…
Read more >Are we buying more consciously? Demand for Hungarian flavors is unabated
Kifli.hu works with hundreds of Hungarian producers to offer a…
Read more >Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >