About Contest

Welcome to the EIT Health InnoStars-iLex International Innovation Contest powered by the Budapest Chamber of Commerce and Industry!

Are you a small or medium-sized enterprise based in Hungary, working on groundbreaking innovation projects in the healthcare sector? This is your opportunity to shine on the stage.

Our innovation contest is your gateway to present your healthcare innovations to a European audience through the extensive network of EIT Health. By participating, you'll showcase your pioneering work and gain valuable insights and feedback from top international experts.

This contest is more than a platform to present your projects; it's a unique opportunity to learn about European best practices in healthcare innovation. Join us on this exciting journey to push the boundaries of healthcare innovation and make a difference on a global scale. Don't miss your chance to be part of this transformative experience. Get ready to shape the future of healthcare with us!

Why To Enter

  • International Exposure

    Participating in this contest will give your healthcare innovation projects exposure on an international scale. A vast and diverse audience will see your work.

  • Networking Opportunities

    You'll have the chance to connect with experts, professionals, and potential collaborators within the healthcare innovation industry, expanding your professional network

  • Feedback from Experts

    Receive valuable feedback from top international experts in the field. Their insights can help you refine and enhance your projects

  • Learning and Growth

    The contest provides a unique learning opportunity. Engage with European best practices in healthcare innovation, gaining knowledge to elevate your projects to the next level

  • Recognition and Prestige

    Winning or even being a finalist in this competition can add prestige to your organization. It's a mark of excellence in healthcare innovation

  • Access to Resources

    Through EIT Health, you may gain access to valuable resources, funding, and support that can propel your innovation forward

  • Showcase Your Innovation

    Use this platform to introduce your healthcare projects to a broad audience, including potential investors, partners, and customers

  • Validation of Your Work

    Being part of this contest validates your hard work and dedication to improving healthcare. It demonstrates your commitment to making a difference

  • Future Opportunities

    Even if you don't win, the connections and knowledge gained can lead to future opportunities and collaborations.

Who Should Apply

1

Entrepreneurs with innovation projects related to healthcare who are already members of Karman Todor Innovation Marketplace and Agency and voluntary members of the Budapest Chamber of Commerce and Industry or ready to join and pay the related membership fees.

2

Has an innovation project that supports at least one of the following areas:

  • Healthcare-related product or service development (prevention, diagnostic, therapy)
  • Any innovation that supports the social, economic, or environmental sustainability of Healthcare Systems in Europe (i.e., innovative business models, energy efficiency solutions)
  • Any innovation that supports the competitiveness of the Healthcare industry in Europe.
3

Some of the key areas where we are looking for innovation projects:

  • Digital solutions
  • MedTech
  • Biotech
  • Healthcare-related Business Consulting Services
4

The language of the contest is English (both written materials and oral presentations. One organisation can apply with multiple projects.

Organisers

iLex High-Tech Zrt. is a Hungarian startup group operating since 2013, which consists of three private limited companies and a non-profit organization. The companies deal with legal automation, artificial intelligence research, and SME innovation development, while the main profile of the foundation is the shaping of sustainability attitudes. iLex Group has a user base of hundreds of thousands and winner of several national and international innovation awards (e.g. LEXI European IBM Award, IBM - Business Partner of the Year, award for the Hungarian legal profession, Best Legaltech EU company, etc.).

EIT Health is a network of best-in-class health innovators with approximately 130 partners and is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union. We collaborate across borders to deliver new solutions enabling European citizens to live longer, healthier lives. As Europeans tackle the challenge of increasing chronic diseases and multi-morbidity and seek to realise the opportunities that technology offers to move beyond conventional approaches to treatment, prevention, and healthy lifestyles, we need thought leaders, innovators and efficient ways to bring innovative healthcare solutions to market. EIT Health addresses these needs. We connect all relevant healthcare players across European borders – making sure to include all sides of the “knowledge triangle” so that innovation can happen at the intersection of research, education, and business for the benefit of citizens. For more information visit: www.eithealth.eu

The Budapest Chamber of Commerce and Industry (BCCI) was founded in 1850. As the country's largest chamber of commerce and industry, BCCI is a key factor in the economic and social life of Budapest. BCCI currently has nearly 4000 members from the following fields: commerce, industry, services, and crafts and trades. The members of BCCI are all those business organizations with seat and premises in Hungary, which have undertaken voluntary membership of the BCCI and wish to play an active role in the economic activities of the capital city of Budapest. The main mission of the Budapest Chamber of Commerce and Industry is to promote the development and organization of the economy, to safeguard the security of business transactions and fair market conduct, and to promote the general and collective interests of those engaged in economic activity.

Jury Members

President of the Jury
Dr Hans Hofstaat

Founder and Director of HIC, Former Vice President of Philips Research

Ákos Csókay

Secretary General of BKIK

Balázs Fürjes

Managing Director of EIT Health InnoStars

Bertalan Jászkuti

Managing Director of Syreon Research Institute

Dr Ferenc Dietz

President of Gábor Dénes University

Dr Ferenc Pongrácz

Deputy Managing Director of EIT Health InnoStars

Dr Filipa Fixe Santos

eHealth Consultant, Member of EIT Health InoStars Supervisory Board

Dr Marianna Ritter

CEO of iLex Group, President of R+D+I college of BKIK

Dr Tamás Babel

MD, PhD - Biotech expert

Key Dates

Key Dates

October 18, 2023
Announcement of the Contest
January 31 2024
Application deadline
Until February 1, 2024
Registration of the received projects
November 16, 2023-February 28, 2024
Project Evaluation
March 1-31, 2024
Pitch Competition for the semifinalists
April 1-30, 2024
The Final
May 2024
Closing Ceremony and Announcement of Results