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The Cinematheque Yugoslav Film Archives hosted the grand finale of “CATCH Pitch Challenge 2016”, the competition of FoundCenter Investment, a German investment fund, in which the best business ideas had an opportunity to win a direct investment of up to €1 million.

It started as a €1 million race but ended with almost €5 million which FoundCenter Investment invested in the 13 best entrepreneurial ideas that proved capable of being implemented in the international market.

The first prize, €750,000 will be invested in an application that makes medical assistance just one click away, created by the Serbian startup Vismedic.

Second prize, €400,000 went to Ukrainian-Spanish start-up BNesis, for a project that should help integration with third-party APIs.

Third-ranked (€180,000) was the Serbian start-up Friend Recap – an app that collects posts of eight best friends from all social networks. FoundCenter Investment founder Dejan Jocić said that the decision-making process was tough, which is the main reason why as many as thirteen start-ups were chosen for investment.

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