German Technology Entrepreneurship Center launches Blockchain Innovation Award

Announcements | February 26, 2016 By:

German Technology Entrepreneurship Center (GTEC) announced the launch of its Blockchain Innovation Award.

Blockchain Innovation Award is supported by GTEC founding partners RWE and Globumbus and will present a total of €50,000 (€20,000 Gold; €15,000 Silver; €10,000 Bronze, plus a €5,000 Community Prize) to startups and founders working on the best innovation using blockchain technology.

The company said applications using blockchain technology from anywhere in the world and with any focus are welcome. Whether startup or just an idea, the sponsors are looking for the best ideas utilizing blockchain infrastructure or solving daily problems on a decentralized architecture. Applications will be accepted until March 31, 2016.

German Tech Entrepreneurship Center is an international business incubation center for startups, established at ESMT European School of Management and Technology in Berlin.