BASF ONCE AGAIN REWARDS STARTUPS AND INDIVIDUAL INNOVATORS FROM SERBIA
◼ For a third year in a row BASF organizes contest for start-ups and individual innovators, the best of which will receive support for project development
◼ Application phase starts on May 30 and lasts until September 29, 2023
◼ Ideas from Serbia will pitch their solutions together with innovators from Adriatic region, with two of the best ideas moving on to the Grand Finale, together with the rest of the best from Central and Southeast Europe
The world’s biggest chemical company BASF is once again opening applications for a great innovation contest, including start-ups and individual innovators from Serbia. Participation is free, and submitted ideas should offer concrete solutions in the field of green and digital transition. BASF Innovation Hub 2023 is focusing on Cleantech, Circularity and Farm to Fork – and you can read more about our topics on the official website www.join-innovationhub.com.
“The world of start-ups is an exciting place because you never know what kind of ideas are hiding behind the minds of the people creating something from scratch, but at the same time creating something that can make lives easier and improve the needs of humanity. Of course, all those ideas remain on paper if the necessary support is not provided for them to materialize, become useful, applicable, and sustainable on the free market. Sustainability stands behind this year’s Innovation Hub because our overarching theme – Envision 2050 – stands in line with our vision that Europe will become the first climate-neutral continent by 2050”, said Simon Franko, Managing Director of BASF for Serbia, Croatia, Bosnia and Herzegovina and Slovenia.
The Application Phase for BASF Innovation Hub 2023 starts on May 30 and will last until September 29 at midnight, and the only requirement for participation is that start-up members or individual innovators are above 18 years of age. Participants from Serbia will have a chance to pitch their ideas together with participants from Adriatic region – Slovenia, Croatia and Bosnia and Herzegovina and with Hungary. Two winners will automatically qualify for the Grand Finale, where they will once again present their ideas together with the rest of the winners from 11 countries of Central and Southeast Europe. Grand Finale winner will receive a prize in the amount of EUR 5,000 gross.
Managing Director of BASF, Simon Franko states that Innovation Hub is an important event and that he is happy that in addition to developmental support for the winner, the company will gladly provide all participants with other types of support such as exposure, expertise, and networking opportunities. “We live in a time of rapid development when the path from idea to implementation is technically more feasible then fifty or even twenty years ago. I believe that corporations, with their developed infrastructure and their experts have experience that they should selflessly share with innovators. It is up to us to help push the development, but also to encourage the culture of entrepreneurship and the independence of innovators. BASF Innovation Hub represents our contribution to creating friendly and constructive competition that will motivate promising innovators to work even harder and thus develop solutions that will lead us even faster to a greener and cleaner future”.
For more information about the project, requirements and the manner of applying visit the official web page http://www.join-innovationhub.com/ and the official YouTube channel of the event https://www.youtube.com/@basfinnovationhub/streams.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €87.3 billion in 2022. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.