Frequently Asked Questions – Answers for the Aegean Startups Competition
In the special form of the website we are invited to select a thematic area. Our business idea essentially belongs to 2 thematic areas we consider with the same weight. What do you advise us to do? Can we submit the business idea twice for each of the topics?
According to the submission form, you will once submit your proposal to the Aegean Startups system, deciding which thematic category is most important for you.
Then, with an email at aegean-startups@aegean.gr you will inform us that your idea (with the code and the submission details) can be included in the 2nd thematic category that you believe, for the Evaluation Committee to take into account.
If the video we intend to attach, which is also an optional material in the business idea submission form, has some titles written in English, will there be a problem with that? Since the drafting of all the basic summaries requested should be in Greek.
The use of the English language in the case of logos, promotional material (such as video) and the use of scientific or special international terms, where required, is perfectly acceptable.
Are students or graduates of the University of the Aegean those who attend or have completed a program at the Center for Training and Lifelong Learning?
Yes. Those who attend or have completed a program of the Training and Lifelong Learning Center of the University of the Aegean are considered students or graduates respectively. .
The prizes for category C, which will be offered by sponsors of the competition can be monetary amounts;
Yes, they can also be sums of money. The prizes of the competition per category will be announced during the competition. You can see more information about the awards here.
All those who participate in the candidate team for the competition must be members of the startup company that we will establish if everything goes well after the outcome of the competition?
No, this is up to the candidate team to decide.
Where can I find information about the Competition Prizes?
You can read more about the prizes in the competition announcement posted on this website and specifically here. The prizes per category will be announced during the competition.
You can see the schedule of the competition below at the page Aegean Startups 2021.
I graduated from the University of the Aegean in 1997. Can I apply for the competition?
Of course. You can find more information about who is eligible to participate and in which category your team belongs on the page Categories – Participants.
Can I participate in the same field both individually and with a team with 2 different ideas? Also, can a team submit 2 different ideas (one for service and one for product)?
Each candidate can participate in a maximum of two proposals – groups.
Can I take part in the competition alone or do I have to belong to a team?
Candidates from all three categories can participate in the competition alone, individually or in groups.
I am a student of the University of the Aegean. Could a person from outside the University of the Aegean, but a student at another University, take part with me?
Of course. The participating groups may consist of (1) members of the University Community of the University of the Aegean, (2) members outside the University Community of the University of the Aegean but (3) and a combination thereof. You can find more information about who is eligible to participate and in which category your team belongs on the page Categories – Participants. </a >
Will there be a subsidy for the implementation of our business idea?
The first teams will receive 2,500 euros, while other prizes are expected which will be sported along the way. Distinguished ideas will also be promoted for further support to incubators or financial institutions.
Should copyrights be secured before ideas are sent?
No copyright or other rights need to be secured before or after the submission of business ideas. The submission of the idea to Aegean Startups can of course be useful in case of further actions for the securing of any intellectual property (it is a presumption). The elements that are in common view (summary of the idea) are not usually elements of intellectual property.
Once my idea is approved, is the implementation undertaken by the organization or me in collaboration with it?
If your idea meets a business need, it simply increases the chances of finding a more immediate application when implemented. However, its implementation is your responsibility. Aegean Startups will contribute with mentoring but also with publicity or other support, depending on the level of distinction of the idea.
Is there a professor from the Department of Business Administration who takes on the role of Mentor and can organize a team?
There are mentors from various Departments of the University of the Aegean, as well as experts in the field. You can see them here .
Can I get in touch with other people who are interested in the contest?
On the platform, you can register, submit a first version of the idea, and request partners in the third step of submitting your idea.
I have started my own Startup, can I participate in the competition?
It is allowed to participate and submit in the competition of business ideas that are at a very early stage (general description), at a stage of prototyping (functional prototype) or even if the business idea has been put into operation. Typically, however, the competition mainly concerns companies that are at an early stage.