Are you among the innovative Greek startups with a great product and/or idea that you feel is destined for success? Then, hurry up, you still have 13 days to submit your idea for the 10th Innovation and Technology Competition. An initiative organised by the National Bank of Greece’s (NBG) Business Seeds program.

Innovative Greek startups gear up for 10th NGB Business Seeds

You can submit you idea here, just make sure you do so before the deadline if you want to be considered for the contest.

And, there’s more than a few good reasons to do so.

NBG supporting innovative Greek startups

Before we get to those reasons, first let’s have a look at some further details about this excellent competition. The NBG, and more specifically its integrated program NGB Business Seeds, aims to help the best local talent to take their projects into the market. In an effort to enhance and support creativity in entrepreneurship and technology in Greece, it represents a great opportunity for any founders or aspiring entrepreneurs.

Spyros Arsenis, who leads the program and who has previously taken part in events here at Starttech Ventures, is calling on innovative Greek startups or would-be startups to take part in its “startup within bank” initiative of the NBG.

This year NBG Business Seeds is celebrating its 10th anniversary. And this year’s competition honors innovative entrepreneurship in practice by giving participants the opportunity to get all the support they need to turn their ideas into successful businesses.

NBG Business Seeds helps individuals and teams that come from startup ecosystem or innovative SME sectors in the following ways:

  • help shape their ideas
  • develop their business plan and business model
  • implement their solutions into software products
  • develop their businesses
  • participate in pitching to VC’s.

It’s a pipeline of procedures that is quite similar with what we also offer our startups in our Venture Building program. And this is why we’re more than happy to support such events in our blog and beyond. Those events and ideas that help to boost our startup ecosystem here in Greece and help our vision to #ScaleUpGreece.

For further info on the NGB Business Seeds program check out their official website.

Be a part of it

Sounds great, right? If you want to be part of it all then all you have to do is submit your proposal here.

With your participation you’ll get all the guidance you need from banking executives and experts with extensive experience in the booming FinTech industry. They will guide you on how to implement your idea into a successful business, and/or give you expert advice on other routes to follow, such as pivoting

Procedure in detail

So, what’s the procedure to expect? NGB Βusiness Seeds is working in collaboration with academics from some of the country’s most prominent universities. The universities will evaluate all the submitted proposals, aiming to find the top four participants that will get the chance to take their ideas to the next level.

The categories for inclusion this year are:

  1. e-business
  2. environment and technology
  3. culture and technology

A series of cash prizes will be awarded totaling €49,000. But apart from the selection procedure for the winners, all participants in the contest will have the opportunity to widen their network and also get (their ideas) promoted in the press and online media.

More questions?

If you’re still unsure or unclear about anything regarding the competition, you can find additional information here.

Don’t miss it!

Now, all that’s left to say is go for it! Be bold, submit your 1000-word idea proposal and the chance to be among the four winners who get to take their business idea to the next level. This is not an opportunity to miss.

Good luck!

Graham Wood Graham Wood

The Starttech Ventures Storyteller. Studied Journalism with Business at the University of Central Lancashire. Has worked in various product marketing management positions for the likes of Nokia, Samsung and Vodafone, as well as in several journalism and media roles since 2000.