On June 26th, 2018, the “Industrie 4.0 Startups Meet Hidden Champions Selection Day” was held at the Budapest University of Technology and Economics. At the joint event of Startup Campus, which specializes in the international launch of innovative enterprises, and the Venture Forum Neckar investor group in Baden- Württemberg, the international large business segment was represented by General Electric Digital, and the domestic medium-sized company was represented by the Tungsram Group.
The aim of the “Industrie 4.0 Startups Meet Hidden Champions Selection Day” was to support the digital transformation of German small and medium-sized companies, which are the backbone of Germany. For this reason, SMEs seek worldwide innovations of the Industry 4.0 that will ensure the competitiveness of the SME sector in Germany.
Guests were welcomed by Dr. László György, State Secretary for Economic Strategy and Regulation from the Ministry of Innovation and Technology. The audience then listened to speeches by Dr. Stefan Reineck, Chairman of the Venture Forum Neckar Investor Group, and Thomas Schulz, the Central Eastern European Network Manager of GE Digital.
The lineup of speakers continued with László Kovács, head of the BME I 4.0 Technological Center, and concluded with Joerg Bauer, CEO of the Tungsram Group, who gave a first-hand presentation on the digitalisation challenges faced by a medium-sized company.
All five of the startup teams were then invited to participate in the investor forum in Heilbronn on July 24th, 2018.
Following the event, Zoltán Galla, head of the Startup Campus Berlin program, stated, “We believe, that Hungarian innovative startups will be able to promote cooperation with the capital-strong German SME sector based on long-term partnerships, professionally prepared and with industry focus.