A digital mental health and wellbeing startup was today announced the winner of this year’s Startup Summit, winning the top prize of £65,000.
Glasgow-based Phil Worms, founder of Frog Systems, was declared the winner following a live digital pitch battle in front of 1,000 delegates at this year’s UK-wide summit held last week.
Frog Systems uses video to communicate messages of hope and signposts support to those in need.
Its entry held off competition from fellow finalists Dr. Tayyaba Nafees of CyberShell and Caroline McKenna of Social Good Connect, who had been selected from more than 100 ‘tech for good’ applicants from across the UK.
The top prize was a business support package worth more than £65,000 from Johnston Carmichael, Fiverr, Rekall Consulting, STV, AAI EmployAbility and PurposeHR, and a fully-funded place on FutureX’s Silicon Valley Scale programme.
Phil Worms said: “Winning the competition offers us an exciting platform on which to build our profile as we look to market and scale the business, and to promote Scotland’s thriving tech for good community of which we are proud to be a part.”
Competition judge Hugh Lightbody, chief officer Business Gateway National Unit said: “It was inspirational to hear from the finalists in the competition and the incredible ideas they have and, once again, it was difficult to choose between them.
“However, it is evident that tackling the health and economic crisis that Covid-19 has wrought is taking its toll on mental health and wellbeing.
“Phil highlighted the massive economic cost of absenteeism and lost productivity and the judges felt that Frog Systems approach to supporting this huge issue made the greatest contribution to wellbeing and the economy.”
FutureX’s co-founder and CFO, Zoi Kantounatou, said: “This year’s competition was perhaps the most tightly contested we’ve ever seen and each of our finalists would have been worthy winners. “The quality of this year’s entries show the huge growth in tech for good startups in recent years, and we’re delighted for our overall winner Phil and everyone at Frog Systems.”