Get in the Ring Budapest – The best Central-Eastern-European startups enter the ring!

Enterprise Hungary organized Get in the Ring! Budapest 2016 on the 24th of November in Akvárium Klub, Budapest. Intellyo, an Austrian-Hungarian artificial intelligence based online marketing solution won Get in the Ring! Budapest, one of the biggest regional startup competitions of the year.

Dr. József Pálinkás, president of the National Research, Development and Innovation Office opened the night. In his speech he pointed out how new incubators contribute to the encouragement and the development of startups.

This year 70 Central and Eastern European teams applied. 16 teams made it to the pitch training on the 23th of November in Budapest. Based on the votes of the professional jury 8 teams got selected to present their idea on stage. 3 Hungarian, 2 Romanian, 1 Polish, 1 Austrian and 1 Latvian startup had the opportunity to enter the ring in front of the audience.

The Polish team, Innovalab focuses on creating new innovative anti-counterfeiting technology of chemical marking of materials. 4SmartStreet represented Latvia. 4SmartStreets is a modern traffic analysis tool that provides precise, real time, factual data about objects, and their movement direction in motion of a particular place and time. 4SmartStreets is based on the deep learning technology, therefore it limits the potential error of counting a moped or mom with stroller as bicycle, and is able to provide higher precision in comparison with other players in the market.

We are organizing Get in the Ring startup competition in Hungary since 2014. This is the first time, when foreign teams could also apply for the competition in Budapest. We think it’s important to be part of the Get in the Ring family including competitions in 62 countries. We hope that as a result of our work, soon we can bring the Get in the Ring Global Final to Hungary.” – said Zsolt Kovács, head of operations of Enterprise Hungary.

Members of the jury were internationally recognised professionals of the startup community. Maris Prii – Startup Wise Guys, Max Kelly – Techstars London, Markus Lang – Pinoeers Ventures, Jochem Cuppen – GITR Foundation, Bence Katona – Hiventures and Veronika Erős – Hungarian National Trading House.

The Get in the Ring! Budapest 2016’s winner was Austrian-Hungarian team Intellyo, that strives toward building the world’s leading intelligent platform acquiring consumers at an industrial scale. They received the 200 000 € investment opportunity and qualified to the global final, that will be in Singapore, next spring.

In this event was first time presented a new state founded, venture capital company, the Hiventures. Kornél Kisgergely, CEO of the company emphasized that three main fields are in their focus: promotion of entrepreneurship, regional investment activity and market development. Their available funds for the development of innovative enterprises is 160 million € size.

Enterprise Hungary offered all income from ticket sales for charity. Through CoGoodwill every attendant help the 5 years old Pamilerin eye surgery.

Photos of the event are available here.

About the organizer

The mission of Enterprise Hungary Nonprofit Ltd. (EH) is the development of the Hungarian innovation ecosystem (startups and spin-offs), and to encourage young people in becoming entrepreneurs. In 2016 Enterprise Hungary was awarded by the Ministry of National Economy with the European Enterprise Promotion Award. This year in 2016 Enterprise Hungary organizes the regional round of the most popular startup competition in the world, Get in the Ring!

Our target and mission

The long term mission of the Program is to create an incubation network in symbiosis with several large cities (Budapest, Debrecen, Győr and Kecskemét), based on the potential of local universities, using the entrepreneurial knowledge that stacked up in Central Hungary, and previously established international partnerships.

Our target and mission

In our program acceleration means a „business boosting” methodology, that supports the establishment of startups based on innovative projects born at local universities and connects them to the market.

Our target and mission

The program, organized by Enterprise Hungary Nonprofit Ltd aims at developing innovative ideas into new enterprises and accelerating local R&D products, services based on European knowledge transfer models and university incubation methodologies.

Our target and mission

The goal of the Startup Campus Program is to establish an „innovation and startup revealing system” that can help utilizing the underused innovation competences of Hungarian university students and researchers and support the business they build of their R&D projects.

Exciting fights, innovative ideas

Before  the  Get in the Ring! Budapest international startup competition, Enterprise Hungary organizes a startup competition in Győr, in the Mobilis Interactive Exhibition Centre, in collaboration with the István Széchenyi University on the 10th of November 2016.
8 teams can fight in the competition before a professional jury to get in the best 16 teams of Get in the Ring! Budapest!
The event is free for everybody. After the exciting fights viewers we will host a networking night.


16:45 – 17:00 – Registration

17:00 – 17:15 – Opening speech – Dr. Tibor Dőry, manager of Mobilis Interactive Exhibition Centre

17:15 – 18:00 – Quarter-final

18:00 – 18:15 – Quantum Leap speech

18:15 – 18:30 – Semi-final

18:30 – 18:45 – Final

18:45 – 19:00 – Announcement of results


Members of the jury:

  • Dr. Ottó Dóka, prorector of Széchenyi István University
  • Zoltán Kovács, head of EIT Climate-KIC Accelerator program
  • Dávid Maász, founder of Entrepreneurship Foundation Hungary
  • Zsolt Weiszbart, co-founder of Valley Connect és White-Summers
  • Imre Pintér-Péntek, president of Chamber of Commerce and Industri in GYMS region
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  • Wu Liming, Hungarian National Trading House.

Come to Get in the Ring! Fast Track Győr and be part of the exciting fight.

The event is free but registration is required.

Location: Mobilis Interactive Exhibition Centre

Date: 10th November 2016. | 17:00