European satellite navigation competition 2012

For the ninth time, the European Satellite Navigation Competition (ESNC) is looking for the world's best ideas for applications in the field of satellite navigation. HPI Fleet, a European independent fleet management company, is supporting the ESNC 2012 as the new title sponsor and is looking for innovative ideas that facilitate the mobility of people. This is also the first year in which the European Commission is funding the competition's prize pool and Nokia Location & Commerce will be providing further
Location Based Systems / April 10, 2012
For the ninth time, the European Satellite Navigation Competition (ESNC) is looking for the world's best ideas for applications in the field of satellite navigation. 4780 HPI Fleet, a European independent fleet management company, is supporting the ESNC 2012 as the new title sponsor and is looking for innovative ideas that facilitate the mobility of people. This is also the first year in which the 1690 European Commission is funding the competition's prize pool and 183 Nokia Location & Commerce will be providing further support to the competition.

Between 2004 and 2011, a total of 1,574 ideas were submitted, and 78% of the winning entries have been successfully realised or are currently still in development. One-third of the winners have founded companies as a result of the ESNC.

The international competition welcomes a variety of participants, from companies, research institutes, and universities to entrepreneurs and other private individuals. Entrants can choose from more than 20 regions based on which would make the most suitable partner for realising their ideas. In addition to the open-topic regional prizes, the ESNC's research and industry partners offer special and prototyping prizes as a means of soliciting ideas and solutions for specific fields of application. Overall, a total of around EUR 1 million - including foundation support and patent/marketing consulting in addition to cash prizes - is waiting to be won in this year's competition.

At External000oLinkExternalwww.galileo-masters.euGalileofalsehttp://www.galileo-masters.eu/falsefalse%>, participants and other interested parties can access all of the information on this year's prizes and partners, the terms of participation, and a direct link to register for the database. Entrants will be able to submit and optimise their ideas whenever they wish until 30 June 2012. The winners will then be recognised at the Awards Ceremony to be held at the Allerheiligen-Hofkirche in line with an official state reception in the prestigious Munich Residenz on 25 October 2012.

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