Swiss Ocean Tech Wins Silver Medal in Switzerland’s Leading Start-Up Competition

Posted by Suzy Chisholm
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Young business leaders were recognised yesterday evening in the first virtual finals celebration ever done since the creation of the >>venture>> competition in 1997.  Swiss Ocean Tech was proud to be one of the selected ventures.

As a finalist in the Industrial & Engineering vertical, Swiss Ocean Tech Ltd. was placed second overall putting it at the top 5% of all participants.

There was a total of 5 verticals winning awards, and although individually judged, the juries for each had some common threads:

  • How are the businesses set up?  Diverse, passionate and dynamic teams were ranked higher and could make the difference between two equally brilliant ideas.
  • What is the innovation?  Besides shaping the future and bringing economic improvement, the jury had to be convinced of business potential and market size.
  • Is the solution sustainable?  Sustainability was a priority.  Can the business prove how they are a force for good and what makes their solution different to others.

<<venture>> is the leading competition for start-ups in Switzerland.  The organisers claimed a 30% increase in submissions from the years before making this year’s edition the most competitive ever.

As a winner in 2020, it is clear that Swiss Ocean Tech has a bright, sustainable and promising future ahead.  Watch the video to get a closer look.