20 participants shortlisted in the “Greece Innovates!” 3rd Applied Research & Innovation Competition
Groundbreaking projects submitted by leading research centres and businesses demonstrate the great potential of Greek researchers

The written assessment of the proposals submitted in the first round of the 3rd “Greece Innovates!” Applied Research & Innovation Competition, a joint initiative of Eurobank and SEV (Hellenic Federation of Enterprises) was successfully completed in May 2015.

Out of the 208 proposals submitted in the 3rd Competition, 161 met the formal tender conditions and were assessed by 89 expert reviewers.  The business, as well as the academic community of Greece, were broadly represented in the Competition, with forty two percent (42%) of the proposals submitted by representatives of businesses, 35% by representatives of research centres or teams, and 23% by individual researchers.   Regional participants (areas outside Attica) reached 50% of the total submissions, demonstrating the momentum and ability of Greece to conduct high-level research and produce innovation throughout the country.

The assessed proposals pertain both to applied research and innovation products and services which are ready for the production line, contribute to improving everyday life and, from a business standpoint, promote and strengthen the extroversion of the Greek economy.    

Submissions in the 3rd Competition cover a wide range of subjects including:  Environmental/ RES technologies, medicine, food testing technology, metal processing, laser, instrument manufacturing, materials technology, etc.  Out of these, 20 proposals were shortlisted,  testifying to the high level of the Greek researchers and their commitment to the pursuit of building bridges between the academic and the business world.

The Chairman of the Board of Directors of Eurobank, Mr. Nikolaos Karamouzis, stressed that: 'The success of the 3rd “Greece innovates!” Competition attests, once again, to the fact that the Greek society and economy have vast reserves of scientific, technological and business talent, which must spearhead the effort to restart the economy and the growth process, and become a major competitive advantage. 

In Eurobank, we have always believed in the dynamism of Greece's productive forces and we had early on, long before the crisis broke out, stressed the need to change our economic model, with a focus on economic extroversion, innovation and investment. More specifically, our Bank has, since 2009, drafted and consistently implemented a comprehensive strategy for enhancing entrepreneurship, investment and exports, with the aim of boosting the Greek economy's export-driven growth, despite the adversities and difficulties that arose as the crisis unfolded. 

Eliminating the prolonged uncertainty and normalizing our country's economic and social life are necessary for releasing Greece's creative forces and enabling us to fully exploit its great potential and comparative advantages, generating gains and success dividends for all.'

The CEO of Eurobank, Mr. Fokion Karavias, stated that: 'We are very satisfied with the response to the 3rd “Greece Innovates!” Competition and the high quality of the submissions. In Eurobank, we believe that innovation is a necessary prerequisite for enhancing competitiveness and bringing the economy back to the path of sustainable growth that our country so much needs.

By means of this Competition, which we are jointly organizing with the Hellenic Federation of Enterprises (SEV), we support and reward researchers and their innovative ideas that can be turned into dynamic business proposals, contributing to the creation of new jobs.

This initiative is part of a series of targeted actions aimed at supporting sectors and activities that we believe that will play a leading role in restoring economic growth. They include actions such as committing funds exclusively for financing our clients' export activity, further investing in our “Exportgate” Internet portal, establishing a dedicated Unit for the provision of services to Tourist enterprises, as well as the groundbreaking “Egg-enter•grow•go” innovative youth entrepreneurship programme.'

The Chairman of SEV, Mr. Theodore Fessas, said that: “This pioneering innovation competition of SEV and EUROBANK is successfully completing its 3rd round, promoting 20 dynamic research and innovation ideas. The ideas that were shortlisted this year confirm, once again, the high quality of our country's scientists and, at the same time, Greece's great potential. 
I am really delighted by the fact that this year's “harvest” brings research even closer to the needs of the industry and the businesses, which is the actual aim of initiatives such as this innovation competition.  Thus we are setting a successful example, which needs to be followed by others and inspire the corresponding government policies. I wish the best to all participants in the final phase of the competition.'

With the announcement of the 20 shortlisted proposals, the 3rd “Greece Innovates!” Competition has entered its next stage, which includes a series of presentations, events and roadshows, jointly organized by SEV and Eurobank to promote the 20 shortlisted proposals to the wider public and the business world.
The 3rd “Greece Innovates!” Applied Research and Innovation Competition will be completed in June 2015, with the oral, open-to-the public assessment (25% of the final grade). The awards ceremony will take place in Athens in July 2015, and will be attended by members of the Greek academic, research and business community.
Moreover, as part of the innovative youth entrepreneurship programme egg-enter•grow•go, Eurobank has invited all finalists of the 1st, 2nd and 3rd“Greece innovates!” Competitions to submit their business plan — provided that they are interested and they fulfil the entry criteria.  This way, they can be part of the most recognized business acceleration programme, which is realized in collaboration with Corallia.

Stay tuned for more news and all the latest updates on the 3rd“Greece Innovates!” Applied Research and Innovation Competition:

Click here for the official timetable of the Competition.


A total of 208 candidates completed by the end of September 2014 the first phase of the 3rd Annual Competition for Applied Research and Innovation “Greece Innovates!” establishing  the competition as an important motivator in the scientific and business community in Greece.

The competition, organized by SEV and Eurobank, has attracted strong and continuing  interest from leading research institutes, universities, individual researchers and innovative companies.
These proposals include submissions from many companies of all sizes and from the following institutes and training centers:

The National and Kapodistrian University of Athens, National Technical  University of Athens,  University of Patras,  University of Crete, University of Thessaly, University of the Aegean, Greek Open University, TEI Thessaly, TEI Epirus, TEI Western Macedonia, Brunel University, Foundation for Research and Technology, Institute of Marine Biology, Biotechnology and Aquaculture, Science and Technology Park of Epirus, Greek Institute of Holography, Institute of Communications  and Computer Systems,  Athens eye Hospital (Ophthalmiatreio Athninon), Functional Physical Therapy Center, National Computer Science Teachers Association - Achaia Annex.

Of the 208 applications, 29 are in the category of “applied research” and 79 in the category of “Innovation”.  There was strong participation by businesses with 72 applications.  The submissions cover a range of subjects including:  environmental sciences, health/medicine, information technology, communications/internet applications, primary sector/ food, energy conservation/renewable energy, tourism/culture.

It is noteworthy that three successive competitions have attracted cumulatively a total of 747 applications (180 in the “applied research category” and 567 in the category “Innovation”).  The main objective of this competition is to become a catalyst between research and business, showcase the proposals and create products and services that will contribute to the improvement of daily life and promote a more open economy.

The next stage of the competition will require a written evaluation of each application.  A body of distinguished scientists, coordinated by the Scientific Council, will evaluate these proposals and deem if they meet the standards required to move on to the final phase  of the 3rd “Greece Innovates!” competition. 

This evaluation will conclude in February 2015.  The top 20 entries will then proceed to the oral assessment stage (up to 10 for “applied research” and up to 10 for “Innovation”).

The oral assessment will be open to the public and will include presentations to the business community, a media promotion plan and a summary report which will be distributed widely, especially to entrepreneurs.

Prizes will be awarded in each category, two per category.  In the category “Products Applied Research” First (A) 15,000 Euros and Second (B) 8,000 Euros.  In the category “Products or Services Innovations” First (A)15,000 Euros and Second (B)8,000 Euros , together with a commemorative plaque.

The pan-Hellenic Contest for Applied Research and Innovation “Greece Innovates!” which enjoys the broad acceptance of the scientific, research and financial communities of Greece, having become an institution for the country, commenced its third round, for the period 2014 – 2015.
The third Nation-wide contest “Greece Innovates!” was announced on Wednesday June 4th 2014, by the two co-organizers: The Hellenic Federation of Enterprises (SEV)  and Eurobank. The Contest aims to encourage research and innovation, it is awarding innovative ideas, services and products, and it is opening the road for their commercial development. Today, more than ever, the Contest “Greece Innovates!” is supporting creative thinking, market production and innovation in Greece.
Following the outstanding success of the first two previous contests, “Greece Innovates!” continues to bring closer together scientific research with business activity, as a key pillar of a national plan to end the economic crisis in Greece.  
It is worth pointing out that during the 1st Contest 297 proposals were submitted , out of which 91 (30%) were from the area of research and 206 (70%) from the area of innovation. During the 2nd Contest 242 proposals were submitted with the majority (182 proposals) belonging to the area of innovation. 

The Chairman of SEV, Mr. Theodoros Fessas, said during the Press Conference that launched the third contest,  that “Greece can become the land of opportunity for entrepreneurship, with a great future for its creative people and new opportunities for the young. The Contest of Applied Research and Innovation, which dynamically starts its third circle, is a private initiative that has become an institution, established by SEV and Eurobank.  The Contest aims at highlighting and activating those forces within the Greek society, which with proper encouragement and support, could make Greece’s economy viable and with visible results. SEV believes that Greece’s international competitiveness cannot only be based on low labor cost.  We are convinced that we have important research activity in many different sectors in Greece and a significant number of enterprises are investing in research and are utilizing the results of this investment. With the cooperation and the sincere communication of all private and public entities, research and innovation can become the frontline of modern entrepreneurship and a solid basis for competitive development, which will allow us to face the future with optimism”.

From his part, the Managing Director of Eurobank, Mr. Christos Megalou, pointed out:  “The support of research and young researchers, the support of dynamic and innovative entrepreneurship, the decision to help building bridges between the laboratories where knowledge is born and the businesses where this knowledge is becoming useful for the society, is no new concept for us and for SEV. For Eurobank, the support of innovation is not an innovation.  It is a tradition”.

Mr. Megalou, commenting on the value of this initiative, stated: “I believe that the on-going support of this Contest gives to all participants the right message; that we are and we will continue being active supporters of the dynamic Greece, the dynamic scientific community, the daring young businessmen, with transparency and consistency. We will be standing by them with responsibility, because they are representing  the prospect of development, the country’s prospects and, they can contribute to the maximum extend, retaining bright brains in our country and, thus, decreasing and ultimately eliminating the greatest danger of the crisis, brain drain.  It is with great satisfaction that we see more entities joining this stance and walking the same path. This is not about who comes first; it is about fulfilling the objective to create a trend in our country based on the values expressed by this Contest.  In the period 2010-2014, various contests with similar objectives and content were announced: We are welcoming all these initiatives and we hope that they will multiply as much as possible. Our greatest satisfaction comes from the winners of the previous contests, as many of them have, already, crossed the bridge, or are in the final stage of doing so, between laboratories and the market; between the idea and the end product”.

The contest’s terms and the full announcement can be found at www.kainotomeis.gr, which will be active throughout the Contest, providing detailed information regarding all its aspects and welcoming applications.
“Greece Innovates” is also active in the social media:  www.facebook.com/kainotomeisGR , www.twitter.com/kainotomeisGR.


The Contest’s participants can be: Research groups, Individual researchers (the groups’ representatives and the individual researchers must have a collaboration with a research center, institution or university in Greece), Enterprises that are active in terms of business or research in Greece, as well as Institutions throughout the country that are active in the field of research.

The deadline for submissions is September 30th 2014 at 17:00 hours.

The Contest’s awards will be given separately for each of the following fields:
First (A) and Second (B) award for Applied Research and,
First (A) and Second (B) award for Innovation  
The Contest’s awards per field include monetary incentives as well.  Every First Award will be receiving 15,000 Euros and every Second Award will be accompanied by the amount of 8,000 Euros.  All awards will be complemented with an honorary plaque.

The Scientific Board
The evaluation process is coordinated and supervised by a Scientific Board, comprising of 11 distinguished Greek scientists from different sectors.  These are:
1.    Fokion Deligiannis, Director at Infrastructure Sector and Business Environment of SEV, Coordinator of the Scientific Council.
2.    Constantinos Vagenas, Professor, Department of Chemical Engineering, University of Patras.
3.    Evangelos Dialynas, Professor, School of Electrical and Computer Engineering, National Technical University of Athens (Metsovion)
4.    Dimitrios Thanos, Chairman of the Scientific Council of the Institution for Medical-biological Research, Athens Academy, and Scientific Council of Medical-biological Research.
5.    Manolis Kakaras, Professor,  of Mechanical Engineering School, National Technical University  of Athens (Metsovion)
6.    Ioannis Kalogirou, Professor , Process and Systems Analysis, Design and Development, and Scientific Head of the Unit of Innovation and Entrepreneurship, National Technical University of Athens (Metsovion)
7.    Athanasios Konstantopoulos, Professor, Chairman of the BoD of the National Centre for Research and Technology,  EKETA
8.    Spyridon Lioukas, Professor, Department of Management Science and Technology, AUEB
9.    Nikolaos Melanitis, Professor at the Hellenic Naval Academy and Associate of the Foundation for Research and Technology, (FORTH) PRAXI Network
10. George Nathanael, Coordinator of the Unit of Infrastructure and Business Environment, SEV
11.  Nikolaos Travlos, Dean of ALBA Graduate Business School, American College of Greece, “Kaiti Kyriakopoulou” Chair in Finance

Distinction of the Contest

The Contest for Applied Research and Innovation “Greece Innovates” has received a dinstiction in 2013 by the Hellenic Network for Corporate Social Responsibility, in the framework of the National Awards for CSR, a new institution of the European Commission which aims to award CSR best practices.  “Greece Innovates” has received a commendation, in the category “Large Enterprises”, among 38 candidacies, submitted from 31 different Greek enterprises.

“Greece Innovates!” - 
Competition Award Ceremony

September 17, 2013, Athens - Eurobank and SEV Hellenic Federation of Enterprises jointly hosted the awards ceremony for the second "Greece Innovates!" competition today at the Cultural Centre of the Foundation of the Hellenic World. The event and competition celebrate Greek companies that have developed innovative technologies and services.

The "Greece Innovates!" competition for Applied Research and Innovation takes place every two years and was organized by Eurobank and SEV for the first time in May of 2010. The competition highlights the wide spectrum of research in Greece, helps mobilize the country’s creative forces, and attracts private capital for investment—serving as the bridge between entrepreneurship, finance, and innovative scientific research.

The competition has been a major success in supporting Greek innovation, based not only on the high-quality and large number of applications (542 in total for both competitions), but also on the participation of many organizations and educational institutions from all over the country.

Under the coordination and supervision of the competition’s scientific council, which is comprised of distinguished members of the academic community, twenty proposals qualified for the final stage of the 2013 “Greece Innovates!” competition. Four winners were selected, two in each of the applied research and innovation categories:

Applied Research

First Prize: Dr Constantine Balas
Spectral machine hyper-vision for early and non-invasive diagnosis
Electronics Laboratory, Department of Electronic and Computer Engineering, Technical University of Crete.

Second Prize: Dr Evangelos Gogolides
Smart nanostructured surfaces and bioanalytic labs-on-chip: Nanotexturing matter
Demokritos National Center for Scientific Research.


First Prize: Ignatios Fotiou
SEATRAC – Autonomous access to the sea for people with kinetic disabilities
TOBEA MECHANICAL APPLICATIONS Ltd (spin-off company of The University of Patras).

Second Prize: Panagiota Dragani
Greek Propolis with highly antioxidant and photoprotective properties

The Minister of Competitiveness and Development, Kostis Hatzidakis, addressed the attendees while Eurobank CEO Christos Megalou, Eurobank Deputy CEO Michael Colakides, SEV Chairman Dimitris Daskalopoulos and SEV Vice President Haris Kyriazis presented the awards.

Minister Hatzidakis stressed that utilising the resources of the new 2014-2020 NSRF programme will be crucial for enhancing innovation, as the new program emphasises "smart specialisation", entrepreneurship and innovation. "The solution to the problem of competitiveness is obviously not to become a third-world country, but to emphasise specialisation in areas of advanced knowledge and technology. Innovation is the main means to gain additional comparative advantages in today's competitive environment," he said.

The Minister of Development also pointed out that the government’s reform efforts are yielding results and the goal of achieving a primary surplus is now close, helped by record tourism inflows this year.

The Minister added that if Greece continues with the same determination next year, the country will move decisively into a new, positive economic trajectory.

In his address, Eurobank CEO Christos Megalou stated, "This competition aims to improve our competitiveness on an international scale. The only way for future generations to not be vulnerable to a relapse of the crisis is by nurturing a strong and innovative economy. We know how to achieve this: it can only result from the integration? of cutting-edge scientific research with private enterprise—and by fully utilising all available sources of funding to support these ventures."

SEV Chairman Dimitris Daskalopoulos said, "Our future as a society and our economy depend on our ability to build a new, internationally competitive production base. It is a huge undertaking, the dimensions and requirements of which are not well understood by either the political world or by the majority of society. The SEV/ Eurobank competition is a testament to the opportunities we have as a country and the will to overcome obstacles to outward growth."

The ceremony was embellished with the speeches of two distinguished innovative scientists:

*  Professor Joseph Sifakis: Turing Award 2007, Director at CRI (Center of Integrative Research) Grenoble, Founder of VERIMAG, Professor at EPFL ( Ecole Polytechnique Federale de Lausanne), Member of the French Academy of Science.

* Professor Nikos Stergiopoulos: Director & Professor of the Laboratory of Hemodynamics and Cardiovascular Mechanics, at EPFL (Ecole Polytechnique Federale de Lausanne). In its short history, the "Greece Innovates!" competition has already established an impressive track record of aiding the process of innovation and project implementation. Out of the 21 proposals that were short-listed in the first competition, seven teams have already launched their products in domestic and/or international markets, eight teams have signed business deals and are at the final stage of product development, and six groups are being evaluated by potential business partners for the commercial implementation of their innovations.

For more information on the competition, the final stage candidates, the selection and award process, and the winners please visit www.kainotomeis.gr.
The 20 participants shortlisted in the 2nd Greece Innovates! Applied Research & Innovation Competition, jointly sponsored by SEV and Eurobank, were officially announced for the first time on 15 April 2013, in a special event held in Thessaloniki. This is the first in a series of exhibitions and events aimed at showcasing the innovative work of Greek researchers to the wider public, while at the same time bringing the research community into contact with the business community in Greece and bridging the world of laboratories with that of production.

The 20 proposals pertain to applied research and innovation products and services which are ready for the production line, contribute to improving everyday life and, from a business standpoint, promote and strengthen the extroversion of the Greek economy. They cover fields such as IT, mobile telephony, energy, medical know-how, environment, biology, food, microelectronics and others.

During the event entitled “Research Innovation Entrepreneurship – Conditions for Growth”, the Minister of Agricultural Development, Mr Athanasios Tsaftaris, stressed, “Returning to positive growth rates is the greatest challenge the Greek economy has faced in the last decades. It is a goal which can only be achieved through bringing into play new and innovative business actions. In this context, this initiative is very important as it focuses on all those elements required for the Greek economy to turn a new page: global competitiveness, technological advancement, cooperation between industry, universities and research centres, innovation and extroversion. Lately, the Ministry of Agricultural Development has been trying to turn the country into an innovation and entrepreneurship hub in the broader European region, the Mediterranean and the global market. The future cannot be predicted, but it can be shaped! And the future is shaped by those who expand knowledge and dare to act. We have focused our efforts and actions on connecting, or otherwise forming synergies, between different sectors, from research and innovation to seeds and agriculture, and then on to manufacturing and distribution all the way to the consumer. In other words, we are bringing together the primary sector, namely production, with the secondary sector, which is manufacturing, and the tertiary or services sector.”

Upon concluding, Mr Tsaftaris underlined, “Undertaking such innovative actions which will contribute to opening up new markets and increasing exports and sales is realistic for Greece, principally an agricultural country, with suitable climate conditions and an array of university departments and research centres. Moreover, the current trend of highly educated young people returning to the agricultural sector particularly favours such a development. The main message is that extroversion should be incorporated in our way of thinking; it should be established as a main and constant feature of the Greek economy. Extroversion is the future of our economy if we ever want it to have one.”

Eurobank’s General Manager of Corporate Banking, Mr Giorgos Marinos, noted that since 2009 Eurobank Group has taken a public stance, adopting a series of initiatives aimed at supporting a new economic model focused on extroversion, the quality upgrade of the production base and innovation, as the main driving forces for growth.

In the context of these initiatives, the Greece Innovates competition aims at showcasing applied research and innovation and connecting them with entrepreneurship, which plays a decisive role in improving the competitiveness and productivity of the Greek economy. Mr Marinos further added, “This is an innovative action which brought into the limelight the alienation of the academic community from the business world and the subsequent huge loss of national wealth. SEV and Eurobank set out to perform a series of actions to bridge the gap between the research community and the business community, as well as provide financing, training, mentoring and networking to young and innovative entrepreneurs. It is worth noting that the crisis cost the EU 6 million jobs and €1,000 billion on an annual GDP basis. It is estimated that the goal of 3% of GDP for research and technology by 2020 can create 3.7 million new jobs and increase the annual GDP of the EU by €800 billion by 2025.” Addressing the major issue of limited liquidity, Mr Marinos underlined, “Restoring healthy liquidity conditions in the banking sector is essential for starting to finance businesses again and assisting the Greek economy in recovering. Following this line of reasoning, our Bank decided to become an Anchor Partner in the new Odyssey Fund. Odyssey was set up in the context of the European initiative Jeremie, with the participation of Eurobank and private investors, and invests in shares of newly founded innovative IT and communications companies in Greece.”

Representing SEV, the treasurer of its board of directors, Ms Sofia Efremoglou, noted “The huge success of the innovation competitions organised by Eurobank, in cooperation with SEV, proves that there are young people, entrepreneurs and professionals in Greece who are resisting the sirens of easy choices and are excelling through hard work, imagination and consistency. This is because they understand how vital it is for us to become a society of action and dynamic adjustment again, capable of facing up to the future. SEV and Eurobank’s initiative aims at overcoming the institutional and practical obstacles in innovation and at demonstrating that innovation can indeed flourish within an institutional framework that favours entrepreneurship and boldness. Our goal has always been to highlight the wealth of ideas and people that can be found in the substrates of the Greek economy and society, and to offer prospects to those who wish and are able to contribute to Greece coming out of, not just the economic, but even more so the intellectual mire it has found itself in.”

The Governor of Central Macedonia, Mr Apostolos Tzitzikostas, pointed out, “Even to this day, private sector initiatives are facing huge obstacles, mainly bureaucratic, while they lack the financing tools required to turn ideas or research into business activity. This means great losses for our country; loss in human resources, as the young and brightest are leaving the country looking for a break; loss in creativity, innovation, extroversion and competitiveness, as most ideas never reach the implementation stage; loss in added value, which would have been derived by Greece penetrating external markets; and loss in growth, as new investments that bring income and create jobs are being discouraged.” Mr Tzitzikostas concluded by noting, “All of us, each in their respective field of responsibility and competence, should pursue institutional changes in order to shape a new environment of extroversion, competitiveness and innovation in Greece. In this context, the Region of Central Macedonia was the first throughout Greece to set up the Vice-Region for Extroversion, Innovation and New Technologies. We are firmly dedicated to these three elements; they are the pillars supporting our efforts for growth and our goal to turn Central Macedonia into the most friendly region for investors and entrepreneurs, on both a domestic and an international level. We invest in extroversion to open up our region to the world and to the opportunities created through international cooperation. We invest in innovation, bringing applied research close to the primary sector and businesses. We invest in new technologies to ensure speed and transparency in the services we provide to the people.”

A panel discussion was also organised as part of the event. The panel consisted of Mr Petros Soukoulias, Chairman of the Scientific Board, Prisma Electronics SA; Mr Dimitris Stratakis, Managing Director of U&S Unismac SA; Ms Markela Psimarnou, General Director of Vidavo SA; and Dr Christos Vasilakos, Programme Officer – EU Policies / ESFRI Secretariat. The discussion was coordinated by Eurobank’s Management Consultant, Mr Rallis Spandonidis.

The exhibition at the NOESIS Science Center and Technology Museum in Thessaloniki will be open until Sunday 21 April 2013.

For more information visit the competition webpage at www.kainotomeis.gr 

Stay tuned for more news and all the latest updates on the 2nd Greece Innovates! Applied Research and Innovation Competition:

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The competition is open to individual researchers, research groups, companies engaged in production and/or research activities in Greece, as well as domestic institutions involved in research, irrespective of whether they had taken part in the first competition or not.
The deadline for submitting candidate files has been set on September 30, 2012.

The competition comprises two types of awards: one for Applied Research and one for Innovation.
Two awards, the First (A) and Second (B) from each category will be given, i.e. a total of four awards. The awards for each field are financial, amounting to 15,000 euros for each First Prize and 8,000 euros for each Second Prize, and are accompanied by honorary plaques.

Scientific Board
The evaluation process will be coordinated and supervised by a Science Board, comprising 16 distinguished Greek scientists; these are: Fokion Deligiannis, Coordinator of the Industrial Infrastructure and Development Unit of SEV and Coordinator of the Scientific Board, Despina Alexandraki, President of the Biology Department at the University of Crete, Constantinos Vayenas, Professor, Department of Chemical Engineering at the University of Patras, Georgios Vassilikogiannakis, Associate Professor, Department of Chemistry at the University of Crete, Evangelos Dialinas, Professor, School of Electrical and Computer Engineering, National Technical University of Athens (NTUA), Georgios Doukidis, Professor of e-Business, Athens University of Economics and Business (AUEB), Doros Theodorou, Professor, School of Chemical Engineering, NTUA, Member of the National Council of Research and Technology of Greece (ESET), Emmanuel Kakaras, Professor, School of Mechanical Engineering, NTUA., Yiannis  Calogirou, Professor, Process and Systems Analysis, Design and Development, NTUA, Pantelis Kapros, Professor, Energy Economics, NTUA, Athanasios Konstantopoulos, Professor, Chairman of the Board of Directors of the National Centre for Research & Technology (CERTH), Spyros Lioukas, Professor, Department of Management Science & Technology, AUEB, Vassilis Maglaris, Professor, School of Electrical and Computer Engineering, NTUA, Nikolaos Melanitis, Professor at the Hellenic Naval Academy and Associate of the Foundation for Research & Technology (FORTH) / PRAXI Network, Babis Savvakis, Professor of Molecular Biology, Faculty of Medicine, University of Crete, and President and Scientific Director of the Biomedical Sciences Research Centre “Alexander Fleming”, Nickolaos Travlos, Dean, The Kitty Kyriacopoulos Chair in Finance, ALBA Graduate Business School at the American College of Greece.
The written assessment of the proposals submitted in the first round of the 2nd “Greece Innovates!” Applied Research & Innovation Competition, has been successfully completed. The Competition is jointly sponsored by SEV Hellenic Federation of Enterprises and Eurobank.

Out of the 242 proposals submitted in the 2nd Competition, 216 met the formal tender conditions and were assessed by 159 reviewers. Of the assessed proposals, 45% were from Attica, 21% from Macedonia, 10% from the Peloponnese, 8% from Crete and 16% from the rest of Greece. The strong geographical distribution of participants outside Attica confirms that regional Greece also conducts high level research and produces innovation.

The assessed proposals pertain both to applied research and innovation products and services which are ready for the production line, contribute to improving everyday life and from a business standpoint, promote and strengthen the extroversion of the Greek economy.  They cover sectors such as IT, mobile telephony, energy, medical technology, environment, biology, food, microelectronics and others.

The shortlisted proposals are a clear evidence of the high level of Greek researchers as well as of their continuous and persistent search for the means to connect with the business world and turn their ideas into products.

Specifically, the 20 proposals shortlisted in the next round of the 2nd Competition are the following (sorted by the submission number):
  1. (4006 – INNOVATION)  “Development of natural detergents with increased cleaning performance, human and environmentally friendly. Fleriana: the natural detergent”, Provipax SA, represented by Mr Konstantinos Gouliaris
  2. (4038 - INNOVATION) "Easy-to-use system for genetic analysis based on mobile phone technology, also aimed at developing countries",  Institute of Molecular Biology and Biotechnology, Foundation for Research and Technology-Hellas (FORTH), represented by Dr Electra Gizeli, Group Leader and Associate Professor of the Department of Biology of the University of Crete.
  3. (4213 – INNOVATION)  “Integrated ballast water treatment system, with advanced filtration and electrolytic disinfection, for the protection of marine biodiversity”, ERMA FIRST ESK ENGINEERING SOLUTIONS SA, represented by chemical engineer Mr Konstantinos Stampedakis, MSc
  4. (4572 – INNOVATION)  “Healthy olive snack-pack in innovative packaging”, Gaea, represented by Mr Aris Kefalogiannis
  5. (4656 – RESEARCH)  “LMNT II portable laser device for rapid and direct identification of chemical elements in solid materials”, Institute of Electronic Structure and Laser, FORTH, represented by Mr Panagiotis Siozos
  6. (4685 – INNOVATION)  “Greek Propolis with highly antioxidant and photoprotective properties”, APIVITA SA, represented by Ms Panagiota Dragani
  7. (5035 – RESEARCH)  “COSSMOS: Computational tool for analysis and optimisation of ship energy systems”, Det Norske Veritas Research & Innovation, Greece, represented by Dr. Nikolaos Kakalis
  8. (5134 – RESEARCH)  “Electronic Care and Treatment Compliance System”, PCC Hellas Ltd, represented by Mr George Mazarakis
  9. (5189 – RESEARCH)  “Nanotechnology, environmental protection and human life improvement”, Onex Global Nanotechnologies (Glonatech SA), represented by Dr Stephanos Nitodas
  10. (5454 – INNOVATION)  “Functional food ingredients from olive oil mill waste water”, Phenoliv AB, represented by Dr Charis M. Galanakis
  11. (5498 – INNOVATION)   “Design and manufacture of an electric vehicle (of extremely low cost), using the “parametric chassis and suspension module” technology”, EllenicVehicle Research, represented by Dr Dimitrios Chatzikakidis
  12. (5635 – RESEARCH)  “NOOWIT: Α magazine that gets to know you”, NOOWIT company, represented by Mr Nikolaos Nanas
  13. (5998 – RESEARCH)  “Smart, nanostructured surfaces and bioanalytic labs-on-chip”, Demokritos National Center for Scientific Research, represented by Mr Evangelos Gogolides
  14. (6075 – INNOVATION) “Method for detecting intracellular microorganisms in sperm cells to avoid infectious and/or antigenic embryos”, Locus Medicus SA, represented by Mr Angelos Gritzapis, PhD
  15. (6108 – RESEARCH)  “System for preliminary health impact assessment of selected nanoparticles”, Laboratory of Aerosol and Particle Technology, Chemical Process & Energy Resources Institute, Centre for Research and Technology Hellas, represented by Ms Eleni Papaioannou
  16. (6193 – RESEARCH)  “A photonic sensor for monitoring shear stress between human skin and artificial surfaces of limbs and wheelchairs”, FORTH-IESL, represented by Dr Stavros Pissadakis
  17. (6195 – RESEARCH)  “Spectral machine hyper-vision for early and non-invasive diagnosis”, Electronics Laboratory, Department of Electronic and Computer Engineering, Technical University of Crete, represented by Dr Costas Balas, associate professor and head of the Electronics Laboratory
  18. (6250 – INNOVATION)  “SEATRAC –Autonomous access to the sea for people with movement disabilities”, TOBEA MECHANICAL APPLICATIONS Ltd, spin-off company of the University of Patras, represented by Mechanical and Aeronautics Engineer Mr Ignatios Fotiou
  19. (6259 – RESEARCH)  “Robotic antenna systems for radio transmission automatic monitoring and control”, FASMETRICS SA, represented by Mr Dimitris Kolokotronis
  20. (6296 - INNOVATION) «Measuring quality of vision», SinusMedii Ltd, represented by Harilaos Ginis, PhD
Following the announcement of the 20 shortlisted proposals, the 2nd “Greece Innovates!” Competition enters the next stage, which includes a series of presentations, events and exhibitions organized by SEV and Eurobank to promote the 20 shortlisted proposals to the wider public and the business world.
The 2nd “Greece Innovates!” Applied Research and Innovation Competition will be completed in June 2013 with the oral assessment, open-to-the public (25% of the final grade). The awards ceremony will take place in Athens in July 2013, and will be attended by members of the Greek academic, research and business community.

Stay tuned for more news and all the latest updates on the 2nd “Greece Innovates!” Applied Research and Innovation Competition:
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  • - In total, 242 proposals were submitted
  • - Top research foundations, universities and technological educational institutes, as well as individual researchers and companies are among the participants
  • - A wide range of applied research and innovation fields is covered
  • The evaluation process has already started
The 2nd Greece Innovates! Competition confirms its role as a window for showcasing the dynamic and vibrant research and business community that is creatively active throughout Greece. The first round of this second competition, which is again jointly sponsored by SEV Hellenic Federation of Enterprises and Eurobank, was completed by September 30 2012 with the submission of 242 proposals.

The proposals reflect the unwavering interest of the research and business community in the competition,. The strong regional aspect in the geographical distribution of participants is also quite interesting, confirming that regional Greece actively conducts research and produces innovation!

The main objective of the Competition is to creatively bring together the research and the business world, with the aim of turning applied research and innovation proposals into products and services that will improve everyday life and strengthen the extroversion of the economy.

The proposals demonstrate that the institutions conducting, producing and promoting research and innovation are highly extrovert, while they also establish communication channels with the private sector. This trend initially appeared in the first competition and is clearly present in the second competition as well.

The competition also confirms that Greek research is highly mature, on par with international research and often focusing on the same critical fields. The high quality in terms of the content and originality of both the applied research and innovation projects and proposals participating in the competition is also quite noteworthy.
Proposals were submitted by both public and private research institutions, as well as businesses. covering a wide range of applications in an array of challenging fields.

The topics included, among others, systems using IT applications, proposals related to biotechnology, medicine and food, as well as projects on energy saving, renewable energy sources, waste management and water. Other proposals concerned materials science and a range of mechanical applications in relevant fields.
In the context of promoting the competition to the Greek research community, SEV and Eurobank officials carried out more than 130 presentations to representatives of universities, technological educational institutes, science parks, research centres and business innovation venues. These included the Centre for Research and Technology Hellas (CERTH) in Thessaloniki, Demokritos National Centre for Scientific Research, the Science and Technology Park of Crete (STEP-C), the Lavrion Technological and Cultural Park, the Patras Science Park, the Biomedical Research Institute in Ioannina, the Centre for Research and Technology in Thessaly (CE.RE.TE.TH), the Industrial Systems Institute (ISI) in Patras, the Computer Technology Institute & Press in Patras, the Epirus Science and Technology Park, the Association of Information Technology Companies of Northern Greece (SEPVE), the Corallia Clusters Initiative, the National and Kapodistrian University of Athens, the National Technical University of Athens, the Aristotle University of Thessaloniki, the Polytechnic School of the Aristotle University of Thessaloniki, the University of Macedonia, the University of Crete, the Technical University of Crete, the University of Patras, the University of Ioannina, the Technological Educational Institute of Athens, the Technological Educational Institute of Larissa and the Technological Educational Institute of Crete.
The aforementioned presentations were given throughout Greece and were held in close cooperation with the administration of each institution. We would like to extend our thanks for their valuable support.

The written assessment procedure is already underway, carried out by a group of distinguished scientists that is selected and coordinated by the scientific council of the competition. Members of the scientific council are  Fokion Deligiannis, Despina Alexandraki, Konstantinos Vagenas, Georgios Vassilikogiannakis, Evaggelos Dialynas, Georgios Doukidis, Doros Theodorou, Manolis Kakaras, Giannis Kalogirou, Pantelis Kapros, Athanassios Konstantopoulos, Spyros Lioukas, Nikolaos Melanitis, Babis Savakis and Nikolaos Travlos. This written assessment is expected to be completed by February 2013, when the top 20 proposals will be shortlisted (ten for applied research and ten for innovation). SEV and Eurobank will host a series of exhibitions to promote the shortlisted proposals to the business community and the public, including regional events in large Greek cities (Thessaloniki, Patras, Heraklion, Ioannina and Athens). In addition to other promotional activities on television, radio, national and local press, a special album will be printed and distributed to a wide circle of stakeholders, mainly members of the business community.
Following the written, and according to the specifications of the competition, an oral assessment will follow. It will take place ahead of the awards ceremony that will take place in June 2013 in Athens.

This year, the competition is also quite active on the internet. It has so far received 63,268 visits on its website (www.kainotomeis.gr), 1,665 likes on its Facebook page, with a social reach of 608,651 users, while the number of its Twitter followers has exceeded 320.

All the information pertaining to the competition has been posted on its website (www.kainotomeis.gr). The same applies for any announcements regarding the next rounds, e.g. the completion of the written assessment and the regional events.

The Album of the Competition 2010-2011

21 finalist

Participation in the first competition exceeded all expectations. A total of 295 projects were submitted in due time, and 197 qualified to the written assessment stage. The written assessment procedure, which was coordinated and supervised by a Scientific Board comprising 11 distinguished Greek scientists, produced the 21 projects that received the highest grades (two of them tied): 10 in the Applied Research and 11 in the Innovation category. These 21 projects qualified to the final stage of the Competition, which was completed with their oral presentation by the contestants. The awards, which were presented during a special ceremony at the Foundation of the Hellenic World (FWH), were the following:

Applied Research
1st prize: the research team of Raycap, based in Maroussi, Athens, for the “High quality system for the protection of modern electronic devices or arrays from overvoltage/power surge events”. The team comprised Dr. Zafiris Politis (representative), Dr. Fotis Xepapas, Dr. Grigoris Kostakis, Mr. Spiros Pappas, Mrs. Eleni Dimou, Mr. Dimitris Ioannidis and Mrs. Eva Giannelaki.

2nd Prize: the research team of Danaos Management Consultants SA, based in Piraeus, for the “Advanced business resource planning software designed for supporting shipping enterprises”. The team comprised Mr. Takis Varelas (representative), Mrs. Sofia Archontaki, Mr. Ioannis Dimotikalis and Mrs. Dimitra Moutsikopoulou.

1st prize: the research team of the Aristotle University of Thessaloniki for “AquAsZero: A highly efficient and low-cost granular solid adsorbent for the removal of both trivalent (As3) and pentavalent arsenic (As5) from potable water”. The team comprised Mr. Manassis Mitrakas (representative), Mrs. Sofia Tresintsi, Mr. Konstantinos Symeonidis, Mr. Joseph Georgiou, Mr. Georgios Stavropoulos, Mr. Anastasios Zoumboulis, Mr. Ioannis Tsiaousis and Mrs. Maria Katsikini.  

2nd prize: the research team of the National Centre for Research & Technology (CERTH), based in Thessaloniki, for the “second-generation biodiesel fuel production through the catalytic conversion of waste cooking oil”. The team comprised Mrs. Stella Bezergianni (representative), Mrs. Angelique Kalogianni and Mr. Athanasios Dimitriadis.