Member Article

Winners of Europe’s largest youth entrepreneurship festival unveiled

Swim.me and Scribo have been named the winners of the JA Europe Enterprise Challenge and Company of the Year Competition, after battling it out with Europe’s best young entrepreneurs today in Gen-E 2021, the largest entrepreneurship festival across Europe.

Organised by JA Europe and hosted this year by JA Lithuania, the Gen-E festival combines two annual awards, the Company of the Year Competition (CoYC) and the European Enterprise Challenge (EEC).

Following presentations from 180 companies led by some of the brightest young entrepreneurial minds in Europe, the winners were announced at a virtual ceremony.

The winners of the European Enterprise Challenge, for university age entrepreneurs were as follows:

•          1st - Swim.me (Greece) who created a smart wearable device that preserves the orientation of blind swimmers in the pool. The system consists of an eco-friendly swimming cap and goggles and is intended for use in training conditions. 
  

•          2nd - Mute (Portugal), a sound absorption module, able to eliminate echo/reverb and unwanted frequencies in a room by using fabric residues. Relies as a professional, sustainable and innovative solution, that promotes a circular economy.
  

•          3rd - Hjárni (Norway), whose goal is to become the world's most preferred supplier of eco-friendly tanning agents for sustainable leather production. While Europe's leather generates an annual value chain turnover of 125 billion euros, 85% of this leather is made using chrome, which is dangerous for both our health and environment. 
  

The winners of the Company of the Year Competition were as follows:

•          1st – Scribo (Slovakia), a solution to dry-erase markers that are not being recycled and produce a waste of 35 billion plastic markers every year. They have developed zero-waste dry-erase whiteboard markers made of recycled wax.
  

•          2nd – FlowOn (Greece), an innovative adapter which converts outdoor taps into “smart taps” regulating the flow of water, reducing water consumption by up to 80% and reducing exposure to viruses and germs by more than 98%. 
  

•          3rd – Lazy Bowl (Austria), are an all-female company specializing in freeze-dried fruit ‘smoothiebowls’ which are free from both colorings and preservatives.
  

For the first time ever, the Gen-E Festival saw the announcement of a “JA Europe Teacher of the Year Award. The award seeks to acknowledge role of teachers to inspire and motivate young people, to help them discover their potential and lead them to believe in their power of acting and changing the future.

Sedipeh Wägner, a teacher from Sweden, won the prize. Ms Wägner is an experienced JA teacher who teaches at the Introduction Program, dedicated to migrants and vulnerable students to prepare for the national programme, teach them Swedish and possibly complement their previous education to meet the Swedish high school levels and standards.

JA Europe, which organized the festival, is Europe’s largest non-profit in Europe dedicated to creating pathways for employability, job creation and financial success. Its network operates across 40 countries and last year, its programmes reached almost 4 million young people with the support of over 100,000 business volunteers and 140,000 teachers and educators.

Salvatore Nigro, CEO of JA Europe said: “We are delighted to announce this year’s winners of the JA Company of the Year Competition and Enterprise Challenge. Each year over 370,000 students across Europe battle it out by designing their own mini companies and start-ups to compete at Gen-E, Europe’s largest entrepreneurship festival.

Our intention is always to help boost career ambitions and improve employability, entrepreneurial skills and attitudes. Young entrepreneurs have so much to offer our society, and every year we see a new wave of enthusiasm towards solving societal problems with their own entrepreneurship. It’s reflected in the winners again this year, that young entrepreneurs not only see business as a means to a financial end, but as a platform by which to improve society and help people around them.“

This was posted in Bdaily's Members' News section by Nathan Stennett .