The Hamburg-based coffee roaster, Albert Darboven, has launched this year’s IDEE award for women entrepreneurs with viable and promising business ideas, a press release said Wednesday. Applications for the award are being accepted until July 31, 2017. Darboven has presented the award since 1997 to encourage women to launch their own businesses. The contest emphasises viable business concepts, personal commitment and the number of present and future jobs.
Audience selects finalist
Entrepreneurs, who have been self-employed for no longer than three years, are eligible for the contest. The first prize comes to EUR 50,000 with EUR 10,000 for second place and EUR 5,000 for third place. Five finalists, one of whom is selected by the audience, will pitch their ideas to a jury of seven who will choose the winners. The awards will be presented in Hamburg in November 2017.
Tackling energy transition
The jury includes Dr. Jelena Stojadinovic, winner of the 2015 IDEE award. Her company, Membrasenz GmbH, has developed an innovative membrane for hydrogen production. The membrane is used in alkaline electrolysis and separates hydrogen from the atmosphere ensuring its purity and making the hydrogen safe to handle. The product had great potential as the gas-separating membranes can be used in energy conversion systems and as an alternative energy source, according to the jury. Hydrogen could thus help tackle the challenges of the energy transition.