Awards
From concept to prize
Co-develop, validate, and compete for a portion of 40.000€! The teams that develop the most promising and impactful solutions addressing the program’s challenges have the opportunity to share in 40.000€ in cash prizes.
IFS 2024 Schedule
The competition commences on April 25, 2024, featuring an informational session during the esteemed Technology Forum conference.
Simultaneously, the open call for submissions begins on the same date (April 25, 2024), with the application deadline set for June 10, 2024.
From June 2024 to October 2024, participants including startups, spinoffs, researchers, tech companies, and other entities will engage in collaborative efforts with challenge owners, coaches, and organizers. Together, they will endeavor to develop solutions with exceptional industry impact, global scalability, and societal relevance.
The awards
IFS Innovation Excellence Award – €20.000
The Innovation Excellence Award recognizes the solution that demonstrates exceptional innovation and impact across all criteria. This award celebrates the team’s outstanding achievement in developing a solution that addresses the specific challenge and exhibits compatibility, scalability, ambition, and quality.
IFS Innovation Achievement Award – €10.000
The Innovation Achievement Award acknowledges the solution that showcases commendable innovation and impact, exhibiting strong performance across all criteria. This award honors the team’s dedication and effort in creating a solution that demonstrates compatibility, scalability, ambition, and quality.
IFS Innovation Recognition Award – €5.000
The Innovation Recognition Award celebrates the solution that demonstrates promise and potential in innovation, exhibiting notable performance across all criteria. This award acknowledges the team’s creativity and vision in developing a solution that shows compatibility, scalability, ambition, and quality.
Keep Going Award – €5.000, Sponsored by Alumil SA
The ”Keep Going” Innovation Award aims to recognize and reward teams that, despite being in the early stages, demonstrate remarkable potential and resilience in their pursuit of innovation. This prize celebrates teams that exhibit promising values in innovation, scalability, compatibility, impact, ambition, and quality.
Additional Prize
Τhe winning teams will have the opportunity to qualify directly to Phase II of the 15th National Bank Innovation & Technology Competition.