Hungarian venture capital agency Creative Accelerator and INPUT organised a competition called “Creative Pitching Day” for startups to promote their project ideas and attract investors’ attention. One of the most promising projects of the EEE Entrepreneurship Course, PriceMind, has been selected among the 6 most attractive project ideas to be presented to the investors, at the event that took place on the 16th of November. 

The team is working on a marketing service that could yield significant statistical insights for companies into their competitors’ prices. The software monitors the prices in the competitors’ webshops and collects these data into tables and figures. This information could help to making better pricing decisions.

In recent weeks, significant development in the software has been carried out. Thus, the mentors suggested the team to submit their project idea to the competition, that is not only an idea any more.  At the end of the selection process, PriceMind has been selected and had the opportunity to demonstrate their project concept to a board of potential investors.

Although none of the participants received investment offer, taking part in the Creative Pitching Day gave the team new impetus and provided significant insights from the investors’ point of view. PriceMind is now searching for potential users, who will use the software for 2-3 months test period. Negotiations with 3 companies has been started. During this phase the team expect feedback from users to further improve their software and validate the concept. Hopefully, their service will be available for a wider range of companies soon.

 

The second alliance event in the line after Halle, Szeged Regional Alliance meeting has brought together higher education professionals and the representatives of regional firms to identify possible methods of cooperation and plan the upcoming steps in the EEE entrepreneurship course development and implementation.

Szeged Regional Alliance kick-off meeting successfully took place on 9 March 2017 in the premises of University of Szeged (USZ) in the leadership of the project team Dr. Norbert Buzás, Dr. Szabolcs Prónay, and Sándor Huszár. The event hosted more than 20 business partners who are interested in investing in their experience and knowledge in the EEE Project entrepreneurship course development, implementation, and the promotion activities in cooperation with the USZ teaching staff.

The meeting has identified the following steps regarding the involvement of the business representatives and student selection as (i) registering the exact role and contribution of the external partners, i.e. holding a lecture, mentoring a team, offering a business problem in the entrepreneurship courses, a discussion that will be finalized in late March and (ii) carrying out a well-defined recruitment process that will target the right group of students who will benefit from the teaching program the most, particularly those who are enthusiastic about the topic to put in practice what they have learned.

The next alliance meeting is agreed to take place in the month of June.