Three teams per category will be selected and awarded with a prize. The prizes are endowed as follows:
- 1st prize: 1,500 €
- 2nd prize: 1,000 €
- 3rd prize: 500 €
The winners will be awarded during the award ceremony on 18 July 2017.
In addition to the award fee the following services will be provided to the winner:
- All teams that qualify for the concept phase will be invited to a free one-day workshop on business model development with focus on the special needs of their category.
- All finalists will be coached for the presentation of their idea in a free of charge pitch training session.
- On demand: All teams will be given feedback by experts in personal discussions.