We asked 5 successful teams to answer some questions regarding their progress inside and outside the program.
The most important thing we learned in Invent ICT was ........
The importance of leveraging research experience and innovation for the benefit of society through start-ups
The team's biggest moment so far ........"
Was the first major contract from Intel for our collaboration, in accelerating bioinformatics and genetic algorithm applications.
Our immediate next plan .........
Is the development of our team with young engineers and the further development of innovative solutions for machine learning and machine vision.
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The most important thing I learned in Invent ICT….”
Was how we can turn a research result into a business plan. We got to know the business world, realized the competitive advantage of our idea, networked through our participation in exhibitions, workshops and competitions. We presented our project to companies and investors and entered into strategic partnerships.
The team's biggest moment so far….
Is the piloting tests of children with type 1 diabetes, which took place at Medtronic DIABETES.SHOP with the support of PEAND. The children were thrilled with the electronic game "DRAGAMIS". The response of parents was also positive, as they recognized DRAGAMIS as a means of educating their children towards self-management of the disease.
Our immediate next plan…”
Is to expand our network of partners abroad and attract funding from programs, companies operating in the field of health (pharmaceutical, insurance) and investors.
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The most important thing we learned in Invent ICT was ...
That our country is, unfortunately, still unprepared to support start-up entrepreneurship in many areas. Efforts have been made not to lag behind in comparison with more advanced countries in the field of startups, however they are often incomplete and hasty due to the lack of the right background.
The team's biggest moment so far ...
Was when we got our first successful experimental results, where in a rare disease we were able to reverse 6/6 phenotypes with a new combination of existing drugs.
Our immediate next plan ...
Is to conduct a pilot clinical trial to confirm the effectiveness of our combination in humans, as well as to prepare for a new round of funding.
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The most important thing we learned in Invent ICT….”
Is the importance of an organized business plan and the creation of a strong network of contacts to promote our technology. Innovation acquires high added value when integrated into a well-defined business plan with specific development steps, especially for deep tech solutions such as ours.
The team's biggest moment so far ….
Was the patenting of technology in the United States in August 2020 (with 4 more pending in Europe and Asia) and our distinction in the National Bank's 10th Innovation & Technology Competition, where we received the 3rd prize among 328 entries, being the only distinguished team in the area of semiconductor / IC digital design.
Our immidiate next plan….
Is to complete the negotiations for the licensing of our technology in Greece with large semiconductor companies and the establishment of an R&D department in Greece that will develop technological products and services utilizing our technology.
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The most important thing we learned in Invent ICT….
Was product market fit; Besides getting from the original idea to the product, we also learned how to identify the market that really needs our products, thus facing one of the greatest documented risks of failure of a venture.
The team's biggest moment so far ….
Was the award of our products with the award of pilot application at the Nounou Idea Challenge 2019 competition at the factory of FrieslandCampina Hellas in Patras, which allowed us to develop three new products with application in the workplace and industry.
Our immidiate next plan….
is the industrialization of our products so that they can be mass-produced and at the same time their promotion in the workplace and industry as well as in cities and municipalities, in the framework of our cooperation with the Athens Digital Lab, as one of its 10 teams. third cycle.