Startup Europe Awards


Cyclefi is the Greek winner of the Smart Cities category

Cyclefi is the Greek national winner of the Smart Cities category of the StartUp Europe Awards. The startup offers an innovative waste-tracking technology which is accompanied by a rewarding mechanism that connects recycling performance with discounts for online deals. It aims to transform a previously disposable product (garbage bags for recycling) into discounts, resulting in the protection of the environment while at the same time increasing the purchase power of the users.

Over 50% of the world’s population now lives in cities, and the figure is set to rise up to 75% by 2050. Namely, in the majority of the Balkan cities waste management presents numerous inefficiencies and an extremely low recycling performance (of about 6%). In fact, more that 80% of the waste is landfilled, even though that half of that waste could be recycled.

Cyclefi tries to tackle this problem by introducing the first rewarding program for refusal bags. These bags are accompanied by a code that after being inserted offers unique discounts in supermarkets, electricity bills among many other. The estimate cost saving of the consumer per package of recycling refusal bags it is estimated to exceed 5$.


Openichnos is the greek winner for the IoT category

Country: Greece

Category: IoT

Project Aim: Openichnos is an energy autonomous global tracking and IoT gateway, aiming at the realisation of the Connected Yacht.

Our initiative

Openichnos uses cutting-edge technology to provide a complete monitoring solution for yacht industry globally. Through Openichnos, the asset owner monitors the environment of the asset combined with sensors’ data from a yacht.

The Problem Openichnos want to solve

The fleet management market is rapidly growing with a significant increase in maintenance cost, fuel consumption and regulations. Yacht charter industry faces severe limitations in fleet management as the majority uses tracking systems that need a power source and are limited to GSM coverage areas. Thus, neither they have continuous transmission of their trace due to lack of power supply nor they cover any possible area their assets may be

The Solutions Openichnos propose


  1. a) Provides an efficient and affordable global tracking monitoring solution with the use of hybrid communication for transmitting its data, combining Satellite and GSM networks with seamless automatic switching from one to another, ensuring the 100% global coverage.
  2. b) Realizes the Connected Yacht approach by introducing the definition of geofencing areas and the adoption of group of sensors receiving real-time data about fleet’s battery and fuel levels, the environmental conditions and possible collisions.
  3. c) Impacts positively to the environment by introducing smart and eco-friendly tracking solutions with 100% energy autonomy.
  4. d) Enables comprehensive support to its users in the form of alerting, early warning, monitoring and emergency management.

Current status

The objectives of Openichnos are to facilitate the materialisation of Openichnos concept into product enabling the creation of a scalable business model with sustainable impact on the environment and society, the fostering of an ever-growing network of sustainability-minded people and companies with deep connections into markets, technologies, and funding.

We want to contribute passionately to social and economic efforts in Greece and moreover to Europe, in order to create thriving economic, employment, and social conditions.



Loceye is the greek winner for the creative category


Country: Greece

Category: Creative

Project Aim: Loceye started with the idea of democratizing Eye tracking analysis and give the opportunity to User Experience Designers and Marketeers to study their users-customers and see from their eyes.

How does eye tracking works?

So far the eye tracking was made with external hardware and in lab environment and by that Eye tracking studies were limited in scaling because you can’t bring 100 people with the proper demographics for your survey in one day in a lab. But that changes radically with a SaaS platform for Eye tracking analysis with the only requirement of a single web camera, embedded or not.

Benefits of Loceye

With Loceye:

  1. a) You can run experiments with an unlimited number of remote users. No limits to test size. You can run your tests with as many participants as you like. A larger number of participants translates to much more reliable insights.
  2. b) You can test much faster. You can have thousands of testers take part in an eye-tracking analysis in parallel and have your results collected, analysed and presented instantly.
  3. c) There is no equipment to purchase and maintain. Run as many experiments you need, when you need them. Eye-tracking with reliability and speed at a fraction of the cost.

Change the experience

With those kind of surveys our main goal is to help UX designers and researchers get proper insights about what the users are seeing in their web services, and by that create a more human-centred experience for them.

Other usages for eye tracking

Eye tracking is a powerful technology and can give as early predictions for Dyslexia and ADHD with only watching how the eyes of the tester are moving. So beside our commercial use, we want to have a deep impact with Loceye and help our world and Europe by providing a tool for an early diagnose of dyslexia and ADHD.


Kard is the greek winner of the Fintech category


Country: Greece

Category Fintech

Project aim: Kard was founded in January 2017 to help consumers save hundreds of money per year from their cards rewards offers to their online purchases around the world.

Which problem do you want to solve?

The problem is that a very large number of bank cardholders are not aware of the offers of points, miles and cash back from their debit/credit/prepaid cards while making purchases in online stores resulting in losing an annual based on a lot of money. Kard comes to solve this problem in the best way because registered users of the application do not need to give any personal details of their debit/credit/prepaid cards.

How does it work?

The app of Kard selects only the type of card through the application (e.g. VISA, MasterCard, AMEX, Diners) and displays all the rewards deals offered by the cards issuers with the ability to buy in real-time. Making users know how many points, miles or cash they will earn if they make a direct purchase at that time. Kard is also an open search engine tool and our visitors can buy in-real time rewards deals from bank cards and merchants cards worldwide without register. Visitors and registered users aare going to save time and money.

What is the Kard’s future?

For Kard its very important the qualification in final of the biggest competition of startups in europe so early since the Kard creation.  The success of Kard came from hard work, passion and dedication to our idea.


The Infashion App s the greek winner of the Fashion category

Country: Greece

Category: Fashion

Project aim: The fashion industry has not yet found a single engaging place in the digital world. Ecommerce is steadily growing, still is heavily fragmented, while a lot of people are feeling left out. Infashion is addressing all those issues and brings all interested parties under one roof.

How did Infashion started?

Four friends and seasoned professionals came together in 2016 to disrupt the fashion industry. Based in London and Greece, a UX designer, a Backend, an iOS and an Android developer channel their years of experience into business & innovation. Being friends before partners, we are celebrating our passion for smooth, engaging experiences and obsession for perfection. Our mission is to make fashion accessible for everyone, everywhere and empower our Users and Brands.

What is The Infashion App?

We are bringing fashion Brands, Branded content, Organic content, Enthusiasts, Aficionados, Models, Bloggers and everyone in between, all under one roof. The girl-next-door, the fashionista, the wanna-be model, the fashion professionals, the Brands. A digital platform dedicated to fashion is what the fashion world is lacking at the moment. Infashion is an application for iOS and Android mobile phones which is bringing everyone interested in fashion under one roof. It serves sponsored and curated content and products from Brands. It allows Users to rate products and content while protecting the Brands. It serves sponsored content from Users. It is a platform for Users to post organic content. It allows Users to buy fashion items.

What is Infashion’s future?

Europe is a huge market, a leader in fashion design and we would like to be part of this exciting scene. Every recognition we are receiving keeps our creative fire strong, inspiring us to push even harder and excel. We are at a point where we tighten up our features, improving the product based on feedback and prepare for our wide market release effort.


Twelve startups will represent Greece in StartUp Europe Awards 2017

The Institute of Entrepreneurship Development (iED) as a country manager for Greece with this year’s support of OECON, ACEIN, Youth Entrepreneurship Club and POM organized the National Competition for the selection of the best Greek startups for 2017.Thodoris Alexandrou, Greek Country Manager said: “In general we are very happy that this year’s event attracted more participants that saw what great initiative the SEUA is!”. Alexandrou continue explaining that  is great that this year organizations and institutions of the local startup ecosystem helped us with the dissemination issues.

Below you can see the startups that they’re going to represent Greece.

Creative Loceye aims to be the first cross-platform software for eye tracking analysis, with the minimum requirements of a single web camera.

FintechKard gives rewards from the bank cards in real-time in client’s purchases worldwide.

eHealthIMEQ Center has created a unique platform which assesses seafarers prior to recruiting via an innovative platform.

AgritechAgrologies helps farmers manage irrigation via their smartphone, anyplace, anytime.

TourismSolumbro’s goal is to provide an innovative solution to Tourism industry improving the leisure experience of their guests by offering new services outdoors.

FashionThe Infashion App is an app dedicated to fashion. It’s like Tinder meets Instagram.

Smart CitiesCyclefi is an innovative waste-tracking technology and a rewarding mechanism that interconnects recycling performance & discounts for online deals.

ICT Openichnos is an energy autonomous global tracking and IoT gateway, realizing the Connected Yacht.

EdtechIFAAacademy invented a software and methodology based on the Science of Risk management through which it can give a scientific risk diagnosis measuring the hazards with specific factor.

SocialpatientWho is a social platform connecting health concerned individuals, organizations, projects to boost transparency, access, reuse of data & open up science.

GastronomySustainable Food Movement in Greece tackles food waste and promotes sustainable development in the Culinary Arts Industry in Greece.

GreenBillagi is an eco-fashion, e-commerce focused startup which will provide truly eco-friendly womenswear, created using the best eco-fabrics.