Detailed call for hackathon entries published today

Yettel’s HUF 5 million competition for energy management solutions shifts up a gear

Europe is facing unprecedented energy shortages, while inflation is also hitting record highs globally. In Hungary, the consequences could have a profound impact on household budgets and the operation of small and medium-sized enterprises, as well as on urban transport. New technology solutions, however, can resolve these major challenges. With a total prize of HUF 5 million, Yettel’s hackathon is encouraging Hungary’s most talented professionals to identify these solutions and elaborate them in detail.

Open to brainstormers, start-ups, development teams and programmers, the two-round competition called “Hack It Your Way” will address three topics: the reduction of household spending using smart devices, higher business efficiency for SMEs and urban mobility reconsidered in a greener, more energy-efficient way. In the competition with a total cash prize of HUF 5 million (EUR 12,500), the most promising ideas of the winners will be used to address the crisis at a local level. The detailed description of the three topics to be addressed by the hackathon announced in September has been made available on the competition’s website today.

“At Yettel, we are committed to connecting people, digitising and supporting local businesses, while also focusing on the ideas of the next generation to create innovative and future-proof solutions through joint efforts. We provide our expertise, reliable mobile network and the 'Hack it Your Way’ platform to make it happen,” said Mohamed ElSayad, Chief Commercial Officer of Yettel Hungary.

The competition aims to bring together Hungary’s brightest minds to solve problems facing the community, society or the world at large. The event will be combined with Yettel’s annual business meeting, where the finalist teams and leaders of local businesses and companies can discuss current and future trends in technology, providing a platform for ideas with the potential to grow.

Detailed call available from today

The competition has been open for teams since the end of September, but details of the three topics to be addressed by them was made available from 11 October. Now that the detailed call is available, teams can apply and submit their first round of ideas until 30 October 2022. The jury panel delegated by Yettel will announce the shortlisted participants of the first, online round (4 teams per topic) by 8 November.  This will be followed by a 24-hour brainstorming and programming event on 9 and 10 November at the end of which the contestants will present their solutions and the jury will announce the final winners. The winner in each category will get a cash prize HUF 1 million (EUR 2,500), while the absolute winner will be awarded an additional HUF 1.8 million (EUR 4,500). The audience prize winner will receive HUF 200,000 (EUR 500).

More information and registration: https://yettel.hu/hackathon.