idw – Informationsdienst Wissenschaft

Nachrichten, Termine, Experten

Grafik: idw-Logo
Science Video Project
idw-Abo

idw-News App:

AppStore

Google Play Store



Instance:
Share on: 
09/08/2025 11:53

AcouBatt and Hovanka win Grand Finale of the third annual INNOVA Europe competition

Lennart Richter Corporate Communications
European School of Management and Technology (ESMT)

    Start up teams from 11 of Europe’s best business schools competed for €25,000 in prize money at ESMT Berlin.

    Students and young entrepreneurs representing Europe’s top business schools participated in the Grand Finale of the third annual INNOVA Europe competition at ESMT.

    This year’s event brought together eleven leading business schools. This group of top academic institutions competed to tackle a unique challenge: developing innovative and sustainable projects that address the challenges of our time. The INNOVA Europe competition was founded in 2022 by EDHEC Business School, POLIMI Graduate School of Management, and ESMT to foster competition between business students and alumni, focusing on environmental transition, empowerment and inclusion, and healthy living.

    Hosted this year by ESMT, schools from across Europe networked and shared business plans, and pitched their start up ideas to experts.

    INNOVA Europe offered two start up categories in 2025: Young Hopes (ideation stage) and Rising Stars (start up stage). Start ups in the first category were judged on their clarity of vision, ability to solve specific sustainability challenges, and the singularity of their value proposition. Those in the second category were evaluated on progress, lessons learned, next steps, and team members’ ability to illustrate their product’s viability and market readiness.

    The day's grand prize winner in the Rising Stars category was AcouBatt from London Business School. The team led by Arthur Fordham and Chris Haoxin Xu walked away with €20,000 in prize money and a year of free incubation services at one of the eleven participating schools. The startup develops acoustic sensor and machine learning technology to “listen” to batteries, optimizing the formation process, reducing scrap rates, and enabling more sustainable large-scale production.

    Another big winner, this time in the Young Hopes category, was Hovanka from Kyiv School of Economics. The team led by CEO Kris Nadiryan, who undertook a nearly 24-hour journey from Ukraine to Germany to participate, received €5,000 in prize money to help make their start up dream a reality. Hovanka is developing Mindset Architect, a personalized, adaptive mental health app that combines psychoeducation and practice to support users between therapy sessions, with the goal of preventing severe conditions and equipping young people with emotional literacy skills.

    INNOVA Europe is a leading European academic competition like no other. Its mission is to encourage young entrepreneurs to devise new ways to meet the United Nations’ 17 Sustainable Development Goals, including providing clean and affordable energy, promoting responsible consumption, ensuring gender equality, reducing global poverty, and advancing a holistic approach to well-being and health.


    Images

    INNOVA Europe 2025 winners: Chris Haoxin Xu (AcouBatt), Kris Nadiryan (Hovanka), Arthur Fordham (AcouBatt)
    INNOVA Europe 2025 winners: Chris Haoxin Xu (AcouBatt), Kris Nadiryan (Hovanka), Arthur Fordham (Aco ...
    Source: Manuel Soria
    Copyright: ESMT Berlin


    Criteria of this press release:
    Journalists, all interested persons
    Economics / business administration, Environment / ecology
    transregional, national
    Contests / awards
    English


     

    INNOVA Europe 2025 winners: Chris Haoxin Xu (AcouBatt), Kris Nadiryan (Hovanka), Arthur Fordham (AcouBatt)


    For download

    x

    Help

    Search / advanced search of the idw archives
    Combination of search terms

    You can combine search terms with and, or and/or not, e.g. Philo not logy.

    Brackets

    You can use brackets to separate combinations from each other, e.g. (Philo not logy) or (Psycho and logy).

    Phrases

    Coherent groups of words will be located as complete phrases if you put them into quotation marks, e.g. “Federal Republic of Germany”.

    Selection criteria

    You can also use the advanced search without entering search terms. It will then follow the criteria you have selected (e.g. country or subject area).

    If you have not selected any criteria in a given category, the entire category will be searched (e.g. all subject areas or all countries).