MTN Innovation Challenge: 3 finalists selected out of 48 teams!

Posted on: July 19, 2014

The first evaluation phase of the 48 start-ups participating in the MTN Innovation Challenge contest has been completed. The winners will receive prizes amounting to 35.000 euro and the possibility of collaborating with MTN.

A total of forty-eight teams took part in the MTN Innovation Challenge, the MTN innovation contest for start-ups and developers, held under the auspices of the Ministry of Communications and Works. After the completion of the first evaluation phase, during which contestants presented their business proposals to the jury, three finalists were selected to proceed to the next phase. The teams who stood out thanks to their creativity and comprehensiveness of their proposals are the following:

•         FitSlot
•         HeyGo
•         talktokkie

Each team wins 5.000 euro and gains access to the MTN Service Delivery Platform for two months. During this time, the second and final phase of the contest, the three finalists must realize and perfect their business idea. The prevailing team will win the grand prize of 20.000 euro, as well as the possibility of promoting their ideas through the MTN network!

Mr. Thanos Chronopoulos, MTN Chief Marketing Officer, stated: “The increased participation and positive response to the contest confirm that the start-up entreprises of Cyprus recognize MTN as a reliable ally. We are the first to provide support to them, and now, with the MTN Innovation Challenge, we are again the first to dare give them access to our Service Delivery Platform so that they can make use of the best business tools and excellent technical know-how of MTN.”

MTM always gives you more: with the MTN Innovation Challenge contest, MTN paves the path to the new digital era and supports Cyprus entrepreneurship with actions. 

For more information about the MTN Innovation Challenge go to