On December the 11th, the SignalGeneriX Innovation Challenge 2020 was concluded with the finalist pitching event. SignalGeneriX has as its constant and guiding principles since its founding in 2005, the delivery of outstanding Research and Development in the field of DSP & Communications. They are committed to providing their clients innovative technologies and to assisting them in every step of the development of novel electronic solutions.
During the innovation challenge, the five teams had the opportunity to pitch their start-up ideas and demonstrate their technologies to a panel of expert judges live at SignalGeneriX premises in Limassol, Cyprus.
The winner and the finalists are:
The winning team DoggoTag, which proposed an innovative LoRa based on animal tracking and behavior monitoring system, received a 50K€ product development contract with SignalGeneriX.
The second team Simlead, which proposed iWash, an innovative hand wash system utilising soap and ultraviolet technologies received a 1000€ cash price. The runner-up teams EyeWheel, Innovative Health Solutions and SmartEye, each received a 500€ cash price. EyeWheel proposed an AI enabled blind stick for enhanced situational awareness. Innovative Healthcare Solutions proposed an innovative system for dental health assessment. SmartEye proposed an eye tracking system for wheelchair steering.
According to the press release the expert judge panel was composed by:
The Chief Scientist for Research and Innovation of Cyprus Dr. Nicolas Mastroyiannopoulos, the vice chairwoman of the Research and Innovation Foundation and president of Startup Cyprus Stavriana Kofteros, the founder and manager of CyRIC/ Gravity Ventures technology incubator Dr. Panagiotis Philimis, the CEO of Map Innovation Monica Ioannidou Polemitis, the co-founder and chief scientific advisor of SignalGeneriX professor Tony Constantinides and the cofounder and CEO of the company Dr. Tasos Kounoudes.
DoggoTag founder and CEO of SignalGenerix mentioned: “The representative of the winning team DoggoTag, Mr. Andronikos Kassianides expressed his gratitude to SignalGeneriX for the award and the opportunity to work with the company for the development and commercialization of DoggoTag. On behalf of the company Dr. Kounoudes thanked all participants for submitting their ideas and congratulated the winners. He expressed the company’s commitment to supporting young scientists, engineers and entrepreneurs to transform their ideas to great electronic products.”
The dynamic startup ecosystem of Cyprus is growing and expanding. It is important that more experienced companies such as SignalGeneriX to help the startup ecosystem to become more global and international.
