METU WAS THE HOST OF THE INTERNATIONAL STARTUPLAB COMPETETION
The Budapest Metropolitan University STARTUPLAB concluded with an international competition. Project received a total of HUF 2,796,000 in non-refundable support within the framework of the National Talent Support Program, thanks to the support of the Ministry of Human Resources.
In view of the pandemic situation, the teams of 4 institutions (Sapientia Hungarian University of Transylvania, Babes-Bolyai University of Cluj-Napoca, Media University of Stuttgart and Budapest Metropolitan University) sent team of 5 members and these teams competed with each other in the competition. The event was organized on November 5, 2020 by Budapest Metropolitan University. In the marathon competition, which started at two o’clock in the afternoon and extends into the evening, the teams managed a self-invented and built startup based on pre-defined criteria using the Eduardo simulation game.
Once again, the virtual event provided a platform for student creativity, especially in developing and implementing business strategy. A short presentation of the result was made at the end, which was presented to a jury of teachers from the participating universities. The competition ended with a developmental evaluation of the team’s performance.
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