Business

Croatian Company to Enter Big Final in Krakow Competition

AMPnet is the best Croatian startup, and it's going to the big final in Krakow, Poland.

As VLM/Poslovni Dnevnik writes on the 1st of April, 2019, AMPnet's platform focuses on energy cooperatives, an alternative model of sales for electrical energy and the financing of renewable energy sources. Mislav Javor from AMPnet pointed out that the product is now finished, and how their very first clients are knocking at their door.

With the winning project, AMPnet IO d.o.o. was proclaimed as the best Croatian startup this year between nine finalists at the national final of the PowerUp! competition held within the framework of the LEAP Summit, and organised by Invento Capital Partners in Zagreb.

The winning Croatian team will be presented at the Grand Final in Krakow, Poland on May the 21st, where they will compete for large cash prizes of 50,000, 10,000 and 5,000 euros, while the best project will be offered an additional investment of 150,000 euros as well as participation in the prestigious accelerator EIT InnoEnergy Highway, which helps in the transformation of startups, from their early stages of development right up to becoming a successful business venture.

Energy in a new way!

''We're very pleased with this competition organised by Innoenergy together with Invento Capital Partners. We believe that all of the teams have very high quality products, but we're happy that even with such a strong competition, the jury decided on us. We have been developing this product for two years and this victory is one of the moments that confirms that we're on the right track,'' said Javor.

''The PowerUp! competition by Innoenergy's winner, AMPnet, is a team that has a scalable product. Until now, they've shown that they have certain shifts in the market, they have contacts with potential buyers and have managed to attract investors. So, they only need an additional boost to reach the stage from which they can expand across Europe, and hopefully ultimately to the United States,'' said jury member Stevica Kuharski (Fil Rouge Capital).

''I'm truly delighted with the number of quality projects. This was one of the competitions where members of the jury had a difficult job choosing a project that would represent Croatia at the Grand Final in Krakow. What we can do, as a local partner of Innoenergy in Croatia, is to insist that many more of these projects are funded by Innoenergy, regardless of them having not been chosen today. The AMPnet project itself, and the team behind the project, demonstrated the highest degree of readiness, project development and market entrance possibilities,'' said Dalibor Marijanović, founder and partner of Invento Capital Partners, the local HUB in charge of supporting the aforementioned competition in Croatia.

Make sure to follow our dedicated business and Made in Croatia pages for much more.

 

Click here for the original article by VLM for Poslovni Dnevnik

Search