Five start-up companies took part at the Techweek fest and related trade events in New York with help from InnoTrade scheme and Hungary’s local Consulate General.
Ever since Techweek was first organised in 2011, it turned into one of the most important series of events in the US focusing on technology and innovation, with the New York programming proving to be one of the pinnacles.
The trade show was a highlight of the week-long innovation fest and presented close to 50 innovative start-ups, mainly from the US, to the professionals and journalists present, including a competition with a prize worth half a million USD.
This year five Hungarian start-up companies made it to New York, courtesy of the Hungarian National Trading House and Hungary’s Consulate General in New York.
From protection from online fraud to social media news agency
The five companies presented a wide spectrum of industry solutions at the event:
SEON developed a data security system that filters potential fraud during online shopping, which is a growing worry for e-commerce businesses.
Reporter Community established a social platform where anyone can share their newsworthy photos and sell them to the media and news agencies.
Brokerchooser brings innovation into online stock-exchange trading: their system allows investors to entrust brokers directly in Europe.
Ozone Extrade developed a machine that sterilizes facilities with ozone. The tool can be used in health care, food industry, agriculture as well as usage by the general public.
Wearnotch is a movement analysing application using motion sensors for medical use by physiotherapists and movement analysis by sports people or musicians.
Connecticut welcomes Central European companies with open arms
Hungary’s Consulate General in New York, together with Connecticut’s Quinnipiac University, organised a professional study day in connection with Techweek. The Hungarian start-ups had the chance to find out about company formation and business visas, familiarise themselves with the university’s innovation centre, strategy and Connecticut’s comprehensive programme encouraging the activities of Central European innovative start-ups in the state, from company establishment to market access through various forms of cooperation at university level. The event was also attended by Connecticut Innovation investment fund, which is looking for investment opportunities in start-up projects with a 120 million USD budget.
Other events organised for the Hungarian entrepreneurs were business development training courses, investment-oriented networking events and roundtable discussions.