Incubation agency Design Terminal has announced the teams taking part in its spring mentoring, with seven local and three Nordic startups participating in the intensive three-month program, where they have the chance to develop business models, products, and services.
The startups were picked after a multi-level selection process, says a press release sent to the Budapest Business Journal. Originally, more than 174 startups applied from 30 countries, Design Terminal said. The teams now included in the program are working on projects related to environmental, health, educational and organizational development services.
In addition to the training received from the International Mentoring Team, participants will also have the opportunity to establish cooperation with Design Terminalʼs corporate partners.
One of the key objectives of this yearʼs program is to support female entrepreneurs, including expectant and young mothers. Female entrepreneurs, expectant mothers, and mothers with small children who are also startup founders in the selected teams will receive an extra scholarship.
Two who qualify for the extra scholarship are the founders of Art Bridge, a local startup offering a webshop for contemporary art posters and unique decorative products, and Eduit, another Hungarian startup which promotes natural sciences via interactive education.
BlueBenu from Denmark is developing a technology to create eco-fuel from plastic waste in the seas.
E-Med4All from Hungary offers an app for pregnant women, monitoring their heart and vascular condition and sending the data to their doctor.
Happy at Work from Sweden offers a digital service for measuring employee satisfaction, in order to decrease employee fluctuation.
Hungarian startup KingAER helps companies motivate their workers and strengthen their commitment via a playful cloud-based platform.
ME3D, also from Hungary, offers medical trainers a solution utilizable during practicing surgery techniques.
Local startup Revealu is a corporate platform supporting the handling of personal data in compliance with EU regulations.
StepUp Air from Denmark is developing a solution that increases physical training performance by tracking breathing and heart rate patterns on a smartphone app.
Finally, ViddL, another startup from Hungary, offers a service connecting e-commerce shops with individual couriers.