On May 5th the winners of the application process for Innovation Matching Grants (IMG) and Science and Technology Entrepreneurship program (STEP) grant schemes were announced. A 2-day pitching event preceded, where 38 shortlisted startup teams and companies pitched their innovative ideas and projects.

All of the SmartGateVC pipeline companies that applied were awarded grants.

See also: EIF, SMEDA, Asbarez, photo album.