Innovative Startup of the Month Award
CEU InnovationsLab Company AbsoRice Named Innovative Startup
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March 14, 2017

AbsoRice Hungary Kft., a CEU InnovationsLab company, received the "Innovative Startup of the Month Award” from the Hungarian Ministry for National Economy. CEU InnovationsLab is a business incubator operated at Central European University. Founders and Managing Directors Marton Olah and Tamas Peter Nagy accepted the award from Minister Mihaly Varga in a ceremony held March 14.

AbsoRice, founded in 2012, develops, produces and distributes high-protein powders and bars that are gluten- and lactose-free and entirely vegan. In his acceptance speech, Olah thanked CEU InnovationsLab for the coaching and networking support of their business. Olah and Nagy have worked with the InnovationsLab since 2016. Since then, the company's revenue has doubled, and is expected to triple this year. While at the InnovationsLab, the pair strengthened their branding and marketing strategy and launched an internship program for recent graduates in food engineering.

AbsoRice products are available in Hungary, the U.K., Germany, and Greece, and next on the list for launch are Poland and Spain. The company was recently featured in Hungarian Forbes magazine, available here (in Hungarian). Find out more about AbsoRice and its products on the company's website


“I decided to go to business school to refresh my academic knowledge and to refocus my career. I am extremely grateful for my CEU experience. I got to know many terrific people from all over the world and significantly improved my business skills. At the end of the program, CEU helped me secure an exchange opportunity at the NYU Stern School of Business in New York City, providing even deeper professional knowledge in the world’s business and financial center.”
Thomas Kossa MBA Class of 2013
Maciej Kisilowski, Associate Professor of Law and Public Management
  • "I have been recently nominated as the Regional IT Manager for West Africa at Unilever. My CEU Business School education has been a key differentiator during an otherwise very competitive recruitment process. I would like to thank all my great peers of the 2013-14 cohort and the wonderful faculty at the B-School for the valuable learning experience I had during my time in BP."

    Moussa Moumouni

    MSc in IT Management class of 2014

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