The Hellenic Initiative and egg Program Team up in the egg-THI Excellence Award Pitching Competition

  • April 16, 2016

Athens, 16/5/2016

The egg -enter•grow•go, a CSR initiative by Eurobank in cooperation with Coralia, is a program supporting young, innovative entrepreneurship that has received a $100,000 grant from The Hellenic Initiative (The Hellenic Initiative).

Through The Hellenic Initiative grant, the egg Program enabled all of the teams participating in the three (3) annual cycles of the program to compete in a specific pitching event. The THI-funded awards are the among the largest ever given to young, innovative entrepreneurship in Greece.

 

The special event organized today awarded monetary prizes by the egg Program and The Hellenic Initiative to three innovative businesses that participated in the egg Program. They were distinguished for their promising vision, viable strategic plan, and high level of professionalism.

 

The selection procedure was developed in two (2) phases: 29 out of the 63 start-up companies that have been hosted at any of the three (3) cycles of the Program, submitted a short business plan and, following an evaluation process, the 12 start ups with the higher score, moved to the next phase, presenting their plan in the Startup Pitching procedure.

 

Today, during a three-hours session, the companies presented in front of the judging committee in a 6min pitching and were evaluated based on 11 metrics, including, for example, the comprehensiveness of their business plan, the understanding of the target market and competition, the mapping of the global market, the viability of the business activity and the investment value of the company. 

 

Monetary prizes that are the highest ever given to young, innovative entrepreneurship in Greece, were awarded by Mr Stavros Ioannou, Deputy CEO of Eurobank Group, Mr Vassilios Makios, General Manager, Coralia. On behalf of the Hellenic Initiative, an award was presented by Mr Jeremy Downward, Member of the THI Board of Directors.

 

Mr Ioannou commented on the event:

 

Michael Printzos, THI Programs Director commented, on behalf of THI: “Supporting Greek young entrepreneurship is one of THI’s main pillars of activity. Our cooperation with Eurobank and Coralia is expanding as we share a common goal of boosting young entrepreneurship and helping young, talented Greeks stay and flourish in our country, even in this difficult time. We want to emphasize positive message, foster growth, and invite more people to share their vision”.  

 

The egg Program is currently in its 3rd cycle, hosting 25 teams, which are housed in fully equipped office premises and enjoy support services, business training and access to a network of acclaimed mentors of top entrepreneurship executives, as well as a set of financial tools for the support of business operation and development of new teams, as well as the support of their financial viability.

 

Below, please find the list of 12 businesses that participated at the egg-THI Excellence Award Pitching Competition:

 

1.     ADVANTIS

2.     ARDUStech

3.     BFP Advanced Technologies

4.     e-NIOS

5.     FEAC

6.     HELIIX

7.     HERMES – V

8.     IsMOOD

9.     OWIWI

10.  Recycglobe

11.  Sensoraide

12.  Vesselbot

 

About the egg Program

The "egg - enter•grow•go" program is a Corporate Social Responsibility initiative by Eurobank  designed and implemented in cooperation with Corallia, that aims to boost young innovative entrepreneurship and improve employment opportunities for young people in Greece.

More specifically, the program provides to young entrepreneurship teams a comprehensive incubation, acceleration, and co-working framework. Participating teams are hosted in fully equipped office premises and enjoy support services for startups, effective business training and access to a network of distinguished mentors in order to accelerate their business ideas. The program runs in yearly cycles.

More info in: www.theegg.gr 

About The Hellenic Initiative:

Our Mission: Investing in the future of Greece through direct philanthropy and economic revitalization. We empower people to provide crisis relief, encourage entrepreneurs, and create jobs. We are The Hellenic Initiative (THI) - a global movement of the Greek Diaspora.

Visit our website: http://www.TheHellenicInitiative.org/

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