The European Investment Bank (EIB) Institute supports higher education and research and has launched the Social Innovation Tournament, which promotes innovative ideas and rewards initiatives that contribute to social, ethical or environmental impact.

The final round of the 2021 Social Innovation Tournament included 15 applications from Denmark, Germany, Italy, Luxembourg, Norway, Poland, Portugal, Spain and Sweden. They were selected from 280 applications from 28 countries.

A selection committee composed mainly of EIB Group experts in innovation, environment and other relevant disciplines also selected Munich-based ADVITOS GmbH with its innovative 4-in-1 organ support therapy into the top 15 in Europe. The ADVOS therapy (ADVanced Organ Support) is the only therapy worldwide that supports all 3 main detoxification organs (liver, lung, kidney) simultaneously with only one device as well as corrects the acid-base balance in the blood.

Deputy CEO of ADVITOS GmbH Catherine Schreiber is very happy about the recognition: “Being one of the 15 finalists of the Social Innovation Tournament 2021 is a great honor and opportunity for us. The selected projects show a great range of important social innovations. We are especially looking forward to the EIB Institute’s high quality mentoring and expert network as well.”

On 07 October 2021, the final of the Social Innovation Tournament 2021 will take place in front of a jury of social innovation experts from academia and business in Lisbon. Until then, finalists will participate in a tailored training program to help them prepare for the final pitching competition. More information about the Social Innovation Tournament and the 15 finalists 2021 can be found here: https://institute.eib.org/2021/05/sit-2021-europes-15-best-social-entrepreneurs-selected-2/