Blastoff Startup Contest 2018, a competition for local and international startups is now accepting applications. Top winners will head off on a trip to international success powered by a funding of EUR 150,000 from Power Angels, a 6-month accelerator program membership by OXO Labs and special prizes by Google, EURid, Design Terminal and Impact Works.
This year, startups from Central and Eastern Europe have the opportunity for the 4th time to participate in one of the region’s largest startup competitions, which aims at providing a chance for the best ideas and business plans to get executed.
Last year, the competition featured 114 applicants, with 91 Hungarian and 23 international teams and had winners like Chempass, Smartill, vHeart, and Kontrachess.
3 of last year’s winners received significant funding after the competition by OXO group and its partners. OXO Labs and Power Angels provided a total of HUF 80M in funding.
Applications for the 2018 competition are accepted until April 22.
Applicants are required to fill in the application form and submit a short introduction video in English. In the second round, contestants will have to participate in a video interview to introduce their companies. The 10 most promising projects will be selected by an expert jury and scheduled to compete live on the first day of Brain Bar (Budapest) on June 1.
The winner will receive an investment offer of EUR 150,000 from Power Angels and participate in OXO Lab’s 6-month accelerator program. Special prizes include an opportunity to take part in the .eu Web Awards show organized by EURid, communication coaching by Impact Works, consultancy with the mentors of the Design Terminal and Google Cloud credit in the worth of USD 3,000 offered by Google.