In the end over 300 technology enthusiasts and sustainability experts from 26 countries participated, with the event's stated goal being to develop sustainability solutions for a better future.
30 teams made it to the final, and Adventums, a team that created a solution to reduce construction risks and improve the working environment on construction sites, were announced as the winners on Sunday evening.
The €7000 prize fund, of which Swedbank Latvia allocated € 5000 and Rimi Baltic allocated €2000, was distributed between three teams.
First place and €4000 were awarded to Adventums for its pad that will monitor and alert active loading on construction sites to reduce construction risks and improve the working environment.
The second-best team was GetUGO tele-operated car-sharing to deliver the car to your doorstep remotely, which received a €4000 cash prize.
Third place and €1000 went to Sharentic - a platform for renting anything fit for a new generation of sustainable consumers.
The full winners' list and their video pitches can be viewed at the event Facebook page.
"The large number of participants and the quality of ideas and solutions encourages us to take the next step – Swedbank Latvia will host an accelerator program focusing on business sustainability challenges. We invite teams and corporate partners to join. Since establishing new economic principles is not possible by a single corporation, startup, or industry, the accelerator will focus on co-creation," said Reinis Rubenis, CEO at Swedbank Latvia.
