Each year, the European Satellite Navigation Competition (ESNC) seeks services, products, and business innovations that use satellite navigation in everyday life. In the 2016 edition, prizes will be awarded by some of the most relevant institutional GNSS stakeholders, such as the European Space Agency (ESA), the German Aerospace Center (DLR), and the German Federal Ministry of Transport and Digital Infrastructure (BMVI). In addition, >20 partner regions from all over the world host their own regional challenges. The prize pool this year is valued at approximately EUR 1 million, which includes cash awards, business incubation, business coaching, patent consulting, technical support, access to testing facilities, prototype development, publicity, marketing support, and much more. All of the winners will be recognized on stage at a festive Awards Ceremony in autumn 2016.
More about competition here.