I.E.C.T. Challenge 2016

The Finalists

Here are the TOP 6 favorite startups, who are going to pitch their business model to investor Hermann Hauser and the I.E.C.T. Capital Partners.
Congratulations!

Dust BioSolutions

The industrial biotech start-up from Munich has developed proprietary technologies based upon a natural cementation process (microbiologically induced calcite precipitation).

Sweep – A mobile-first banking service

Sweep is banking made better: a technology company at the intersection of traditional banking and disruptive fintech services.

ViewAR GmbH

The ViewAR template system is a web-software that enables any developer to produce custom AR- & VR-solutions for various industries.

MacroArray Diagnostics

The products allow a right-first-time diagnosis of type I allergies by including most if not all of the globally relevant allergens in a single lab test.

guh

guhIO is an operating system for connected devices.

kompany® provides real-time access to structured, official and authoritative commercial register data, including company filings covering more than 55 million companies in 80+ jurisdictions for customer onboarding (KYC), anti-money laundering (AML), enhanced due diligence (EDD) and ongoing compliance processes or remediation.

We also congratulate all startups who made it into the TOP 10 list:

hokify Job App
hokify is the first mobile app for effective job and candidate search.

Ribbon Synthetic Biolabs
Ribbon Synthetic Biolabs (RIBBON) is the first Europe-based startup that delivers purpose-built genetic solutions for the current and upcoming synthetic DNA challenges.

PowUnity: Never Lose
The first product on the market that combines motion tracking with anti-theft and machine learning features (Artificial Intelligence).

Digital Privacy: mypio
The user can add multiple additional genuine mobile phone numbers to his phone by completing a simple setup process within an app. He can be called under this new number, make calls or send text messages, displaying his „new“ caller line identification.

uBirds
uBirds helps the watch industry to enter into IoT world because we are creating the white label system that is implementable into traditional watch strap without changing the traditional way of producing them.

Robo Wunderkind
Robo Wunderkind is an award-winning robot that will change the way children learn about technology. It is designed for kids starting from 5 years old to provide the easiest way to learn coding and basics of robotics.

Are you looking for an investment in your startup?

Sign-up for the I.E.C.T.-CHALLENGE and meet Hermann Hauser and the I.E.C.T. Capital Partners. The best team will win a week in Cambridge to expend the network and a private session with Hermann Hauser.

The top 5 startups will get the opportunity to pitch their business to the I.E.C.T Capital Partners and Hermann Hauser, one of the most influential and successful Venture Capitalists in Europe.

Requirements

Do you have a highly scalable business model and a big market potential?
Do you have a strong team?
Is your startup in the fields of IT or new innovative technologies and/or services?
Can you demonstrate traction in terms of first customers and market experience?

If you can answer all those questions with „YES“, then apply now! Deadline for your application is the 15th of September, 2016.

Out of all applicants, 10 startups will get the chance to present their business to a jury via Skype. The top 5 nominated startups will then pitch to the I.E.C.T. Capital Partners led by Hermann Hauser at Werkstätte Wattens in Tirol and get the chance to travel one week to Cambridge. During the get-together later on that day, the top 5 startups will gain valuable contacts to expand their network and meet the teams from I.E.C.T., CONDA, regional partners and investors.

Last year's challenge candidate shows how fast it can happen.

Anyline, the Tyrolean text recognition software, which has now settled in Vienna, got an six-figure range investment by Hermann Hauser a few weeks ago. With Anyline, any smartphone camera can import text and numbers in real time. This results in wide range of applications that are most interesting for companies.

Anyline Hermann Hauser iect

Founder of ACORN Computer – IPO
Founder of Amadeus Capital Partners
Lead Investor at Cambridge Silicon Radio, world´s de facto Bluetooth standard – IPO
Investment in Icera – sold to Nvidia for $367 million
UK´s Computer Personality of the Year 1984

„I am looking forward to experience the concentrated startup-potential from the entire alpine- and pre-alpine region.“

I.E.C.T. – Herrmann Hauser – „We produce successful entrepreneurs“
I.E.C.T. – Hermann Hauser is an entirely private institution, not supported by any public funds, with the target to support entrepreneurs on their way to a sustainable and economical success.

The team around the founder and patron Hermann Hauser provides support for entrepreneurs with innovative and strong growing business ideas, from awareness-raising to commercial success. The service offer ranges from consulting, access to educational programs, technical expertise, mentoring and entrepreneurial networks up to financing and continuous support.

I.E.C.T. operates from Tyrol (Austria) and functions as a hub to regional, national and international networks. Entrepreneurs profit from an established infrastructure and access to a worldwide network, through the close cooperation of I.E.C.T with the Hauser Forum in Cambridge and the University of Cambridge.

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Selection process

The top 10 startups will be nominated by CONDA.
The top 5 startups will be selected by the Jury after the Skype pitching-sessions.
The winners will be choosen by the Board of Investors and Experts.

Timetable

15.9.: deadline for applications
20.9.: the top 10 startups will be announced on conda.eu
26./27.9.: presentations of all top 10 startups to the jury via skype
28.9.: the top 5 startups will be announced on conda.eu
7.10.: pitching to Hermann Hauser and I.E.C.T. Capital Partners, Werkstätte Wattens in Wattens, Tirol

Jury - selection top 5

Mag. Johannes Hauser, Co-Founder and CEO of Nova Portfolio Management

more about Johannes Hauser

Mag. Johannes Hauser graduated from business and economics at the University Innsbruck and gained experience in international investments due to 3-years working for a financial management company in Cambridge and London. He was consulting different startups in the Cambridge area as well, in which his cousin Hermann Hauser invested. In his role he made, in cooperation with Hoare Octagon venture fund, analysis and common decisions for new investments as well as further investment rounds.

After moving back from England, Mag. Hauser took a leading role in the export department for North- and a few South-American States, at the Biochemie GmbH, Kundl, today known as Novartis Generics.

After four years he changed to Save-Rössler-Bank AG, today known as Alpenbank AG, an international private bank in Innsbruck, where he was leading the department for investment counselling and investment management.

In 1991 he founded the company Nova Portfolio Management, together with his partner Günter Minatti and passed the exam for a state-licensed financial advisor.

Mag. Katharina Pühringer

more about Katharina

Katharina is Head of Innovation Scouting at CONDA and has the right instincts to discover innovative startups with potential.

Walter Ischia, Founder of AYUDARUM

more about Walter Ischia

Walter Ischia studied economics and supported several companies in the fields of strategy, finance and marekting since 1977. He was co-founder and managing director of phion (now Barracude AG). In the last seven years, he was working for the „Bank für Tirol und Vorarlberg AG“ in sales and lead the marketing department since 2010. Since January 2014 Walter takes care of his startup AYUDARUM and supervises the business development as well as startups for the I.E.C.T.. Furthermore he is the contact for all crowdinevsting projects of CONDA in Tyrol.

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in cooperation with:

about Standortagentur Tirol

A head-start for startups
Want to turn an innovative idea into a successful business venture? For visions to flourish, you need a fertile breeding ground and effective aids to growth. The Tyrol offers both – and more besides. The breeding ground takes the form of a research environment with international networking in a region of noted institutes and laboratories. The results of their research are the basis for the head-start in terms of markets and technology enjoyed by many Tyrolean startups. Healthy growth for innovative startups in the fields of technology, sustainability and society is the speciality of Standortagentur Tirol. They provide the know-how, contacts and capital – know-how delivered through a range of coaching and counseling instruments, contacts with experienced entrepreneurs and industry experts in the Renewable Energy, IT, Life Sciences, Mechatronics and Wellness Tirol clusters, and capital from international sources via the Tyrolean Investor Network. Startups also benefit from the direct links maintained by Standortagentur to funding bodies for research, development and innovation in the Tyrol, Austria and Europe and from their competence in fine-tuning the relevant applications. One partner – many opportunities.

more info…

about Destination Wattens

The Destination Wattens* has been working on implementing its most important initiative, the Werkstätte Wattens, since the beginning of 2014. A center for start-ups and international companies in various stages of development is located on parts of the former premises of Swarovski Factory 2.

The first partners moved into the location at the end of November 2015 when entrepreneurs began to relocate into the 2,200 m² facility, part of the area formerly occupied by Swarovski. Workshops, Team Offices, a Co-Working Space and a FabLab (Center for Rapid Innovation), are all available for individual use, offering an attractive environment suitable for both young, creative start-ups and established companies.

The emphasis is on attracting companies with a particular focus on technology and innovation. Almost fifty percent of the floor space has been set aside as workshops and production areas. Industrial diversity is an important aspect of the area reserved for co-working.

In addition to the infrastructure, Werkstätte Wattens offers young companies and start-ups a professional range of services, including both, financials and consultation on funding, as well as business model coaching and mentoring programs, accelerators and regular lectures to encourage interdisciplinary exchanges and collaborative networking.

*Destination Wattens is a public-private partnership between the Wattens municipality (40%), and D. Swarovski KG (60%). Its mission is the sustainable development of the regional economic area.