Award-winning business ideas hail from Rhine Valley
Vaduz – Five business ideas from Liechtenstein, Eastern Switzerland and Austria have been honoured by the Businessplan Competition Liechtenstein Rhine Valley. Among the ideas that impressed were innovative protein cubes and a surveillance system for small animals.
The awards ceremony for the Businessplan Wettbewerb Liechtenstein Rheintal 2017 took place on Wednesday evening in Vaduz. The competition, which is held annually by the University of Liechtenstein and the Buchs Institute of Technology (NTB), honours projects and business ideas from the fields of sport, fitness and lifestyle, public administration, waste management, life sciences & ICT, food, productivity management and trade.
This year’s competition awarded prize money amounting to CHF 40,000 to five projects and companies. Worth CHF 15,000, first prize went to Vigilitech AG from Heiden in the canton of Appenzell Ausserrhoden. The life sciences and ICT company impressed the jury with its latest product, MARTA – a contactless surveillance system for small animals.
Miriam and Felix Schüssler won second prize, worth CHF 10,000, for their Protein Cubes project. The Liechtenstein entrepreneurs create natural protein cubes, working with production partners from the region. Third prize, worth CHF 8,000, went to Austrian company Limomacher EFT GmbH for its personalised drinks.
Meanwhile, three students from the University of Liechtenstein secured fourth place and CHF 5,000 for their sensor-supported waste container that is designed to save time and money. Taking fifth place and CHF 2,000 was Team Vocita from Austria, which is developing a platform for citizen surveys.