The startup competition of the nextMedia.Hamburg initiative goes into the eighth round: as of today, startups from the Hamburg Metropolitan Region are invited to apply for the Webfuture Award 2015. The award honours the young entrepreneurs in the digital economy. The ten best candidates will be invited to present their ideas and business models on 27 May 27 bat a “Business Idea Speed Dating”. The jury, consisting of entrepreneurs, industry experts and investors, will rate the pitches and select the best three.
Prize-Money For Winers
This year, a total of 8,000 euro will be granted to the winners, with the champion taking home 5,000 euro for the first prize. Deadline for applications for the Webfuture Award will be 29 April 2015. Participation is open to all entrepreneurs who have planned or started their company in the Metropolitan Region within the last two years, All candidate has to possess sufficient knowledge of English for the presentation to the jury and the participation in the finals.
Excellent Conditions For Young Startups
The competition has been significantly contributing to Hamburg’s startup scene for many years . With a high economic strength and well-known companies in the digital media industry, as well as a variety of investors, the Hanseatic city offers entrepreneurs optimum conditions for the implementation of creative and innovative business ideas. “The Webfuture Award is an excellent platform for startups from the region, allowing to showcase the potential and innovative power of one’s own business idea, and to establish important contacts in the industry,” says Tarek Müller, CEO of Collins GmbH and this year again jury chairman and moderator the Webfuture Awards.
Last Year’s Winner: Familonet
With Hauke Windmüller, CEO of Familonet GmbH, also last year’s winner of the Webfuture award is part of the jury, and will pass on his experiences to the candidates. In 2014, the Familonet team of Hauke Windmüller, Michael Asshauer and David Nellessen successfully competed their idea against 50 other candidates. Meanwhile, their family is being used by more than 350,000 people. Automatically checked in, they easily and quickly share information on locations and activities of family members. Familonet’s main competitor is the US startup Life360. Backed by fresh funds, however, Familonet is testing a spin-off of its geofencing app called “Closely”. The new app is targeting targeting small groups of friends or co-workers who might find it useful to be automatically informed of each others’ whereabouts, for instance, when collaborating on a project or sharing a flat.
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