The annual innovation and technology competition is an action in the context of the NBG Business Seeds program for supporting innovative entrepreneurship. It takes place annually to provide mentoring, highlight and reward original ideas that will contribute to the development of pioneering systems and applications, based on new technologies, the inclusion of the environmental factor in the design of products and services, the proliferation of online banking, and online transactions and to the promotion of innovation in general, in Greece.

The competition will take place, for the most part, online.
The exact schedule will be announced in the competition news and announcements section.

• First Prize: €20.000  

• Second Prize: €10.000 

• Third Prize: €6.000 
  
  
• Fourth Prize: €4.000 

The remaining six finalists in Phase C will receive prizes of €1.500 each, excluding those who received the prizes mentioned above. 
 

The innovation and technology competition is held with the cooperation of the following Universities: 

• University of Athens 
  
  
• National Technical University of Athens 
  
  
• Athens University of Economics & Business 
  
  
• Aristotle University of Thessaloniki 
  
  
• University of Piraeus 
  
  
• University of Patras 
  
  
• University of Crete 
  
  
• University of Macedonia 
  
  
• University of Peloponnese 
  
  
• University of Thessaly 
  
  
• Technical University of Crete 

You, of course, as its creator. As a participant in the competition, you have the full and exclusive responsibility to patent or otherwise protect your proposal, as well as the rights that derive thereof.

Below you will find an indicative list of Laws, Organizations, and procedures that you can explore before you submit your proposal to the competition:

• Creations that are new, involve an inventive step, and are susceptible of industrial application, can be protected by a patent, under Law 1733/1987 as amended and in force, and by the international and European conventions (Patent Cooperation Treaty and European Patent Convention). For more information, before submitting their proposal to the competition, interested parties should explore the provisions of L. 1733/1987 and, specifically, the provisions of article 7.
• Every novel three-dimensional object capable of giving a solution to a technical problem can be protected by a Utility Model Certificate under Law 1733/1987, as amended and in force. 
  Technical innovations (new solutions) for a specific technical problem proposed by one or more persons working for an enterprise and related to the latter's activities can also be protected under Law 1733/1987, as amended and in force.
• Designs and models that are new and have an individual character can also be protected as industrial design ("design"), either domestically or at a European Community level (P.D. 259/1997).

Finally, all intellectual creations (oral texts, fine artworks, or scientific creations expressed in any form) are protected under Law 2121/1993, as amended and in force. Indicatively, you can find more information in the following organizations:

• Industrial Property Organization (IPO)
• European Patent Office
• World Intellectual Property Organization (WIPO)
• European Union Intellectual Property Office

It must be stressed that NBG is not the competent authority to answer any questions regarding patenting intellectual and/or industrial property. For relevant information, you can address the qualified organizations or to an advisor of your choice.