24 finalists have been announced, among there we can proudly announce 4 projects from Central Eastern Europe in the Intel Business Challenge Europe 2012 final that will be held in Poland between 24-26 September.The Intel Business Challenge Europe 2012 is part of Intel Global Challenge, worldwide Intel and UC Berkeley technology business plan competition for university students, graduates and young entrepreneurs organized since 2005.

In collaboration with prestigious education institutions and non-profit entrepreneurship organizations across Europe Intel is building business and entrepreneurship awareness among young people in the region as well as strong relationship with its key stakeholders.

Winners of Intel® Business Challenge Europe (and other regional competitions) go to the Intel Global Challenge finals held at UC Berkeley in November 2012. Almost 4,000 ideas were submitted through 20 affiliated competitions and on-line platform.  Among all the nine categories (including nanotechnology, robotics, biotechnology, electronics, or energy), the most – almost half – of  all the projects were submitted in the areas of Software and IT and Mobile and Wireless.

These final projects were selected by the pool of international Judges representing business as well as academia. The evaluation was based on the Business Plan and the Elevetor Pitch Video that each team prepared for the 2nd Round of the competition.

The Intel Innovation Challenge Finalists

This year’s European finals will take place in Sopot between September 24 and 26 as a supporting event of the European Forum for New Ideas (EFNI) 2012, organized by the Polish Confederation of Private Employers Lewiatan.

In Sopot the 24 best teams will defend their ideas in front of an international jury. Before they will get a chance for mentoring sessions with business professionals. The three winning teams will be awarded cash prizes – a total of USD 50,000, and they will travel to Silicon Valley (California) to compete in the Intel Global Challenge finals in November 2012.

The project is organized by Intel, which also donates the prizes. The project’s organizing partner is INVESTIN High Tech Fund. The strategic partner is the European organization Junior Achievement-Young Enterprise, and the accredited partner is Proseed, the technology business magazine.

You can find the finalists projects from CEE hereunder:

Appscend (RO) Appscend is the world’s first mobile performance oriented mobile application platform. Specifically Appscend reunites under one unified cloud based infrastructure the fastest cross-platform development technology available today, together with a complete mix of backend technologies that ensure application management, a powerful push messaging platform as well as app analytics

Imagga (BG) Imagga Ltd is a company that develops and offers technologies, services, and online tools for visual image search, image processing, and image understanding in the cloud.

EJSAK Group (PL) IT Support and outsourcing company with many impressive  corporate clients (eg. IBM, Toshiba)

Unfortunaly there was no information about ADVenture  (SRB) project on the web.

All the competition details are available on the project’s website at www.intelchallenge.eu

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