1-st place
“Eco-energy” ltd, Lviv

Name of the project: “Fuel briquettes production through recycling the woodworking enterprise disposals”
Prize: Service package from business award foundation in order to advance the project:

• Trip to Western Europe to the chosen enterprise which operates in the same field and could be potential project partners, and also for the exchange of working experience. Duration of the trip – one week. All travel and living expenses are covered by «business-award».
• Joint elaboration of business plan by «business-award» experts and company representatives for project implementation. This business plan can be used in further negotiations with potential partner or for applying for a loan in «Erste Bank».

2nd place
“Nectar-XXI” ltd, Khmelnytskyy

Name of the project: “Commercial growing and processing of blueberries (Vaccinium Corymbosum) using modern technologies”.
Prize: Service package from business award foundation in order to advance the project plus USD 1000.

3rd place
“Agro-Dim” ltd, Sumy

Name of the project: “Production of organic-mineral liquid suspension combined fertilizers”.
Prize: service package from business award foundation in order to advance the project plus USD 500.

We are glad finally to inform the winners of the «Erste Bank business award contest» of 2007 for students.

1-st place
Olga Degtyaryova, Kharkiv

Name of the project: “Open join-stock leasing company “Procuracy”
Prize: Three-weeks internship in business-award foundation office in Vienna combined with language courses.

2-nd place
Nataliya Naumchuk, Rivne

Name of the project: “Clothes sewing as a way of individual protection facilities supply in the industrial sector”
Prize: Service package from business award foundation in order to advance the project and money prize.

3-rd place
Denzs Kravchenko, Kyjiv

Name of the project: “Import und sales of the spare part for cars „ISUZU-Bogdan“
Prize: Service package from business award foundation in order to advance the project and money prize.

All the proposals, submitted for the student contest, are ready for joint elaboration of business plan by «business-award» experts and company representatives for project implementation in order to advance the project. In case you are interested in proposal development and elaboration, please contact business-award foundation office in Ukraine.

In the first half of 2008 business award foundation plans to participate in the following events:

06.02	Kiev	Business-Forum “Banking, insurance and financing SME sector in Ukraine”
20-23.02	Kiev	II Annual Investment Forum “From revolution to investment opportunities”
23-24.02	Chernivtsi	International Investment Forum
03-06.04	Kharkiv	XXII International Business Forum “Slovyanskyy Bazar”
17-18.04	Kiev	II National Forum “Restructuring of business as universal instrument of M&A operations, assets protection and capital attraction”

We have the pleasure to inform all business-award partners that they are entitled to 10% discount on flights with Austrian airlines. To obtain more information, please address to Lviv office of Austrian airlines at Lviv Airport,168 Lyubinska Str. Phone/Fax: (0038 032) 29-76-092, 29-76-291. Contact person: Mr. Lyubomyr Zubrytskyy or Mrs. Larysa Baranova.

During the fourth quarter of 2007 business award foundation took part in numerous Investment Forums and Fairs, acting as co-organizer or content partner.