Entrepreneurial Project of the Year

Velka Bites, 27/11/15
První brněnská strojírna Velká Bíteš a. s., the renowned manufacturer of high-speed turbine machinery for the aerospace, power and transportation industries, has won a contest entitled Podnikatelský projekt roku 2014 (Entrepreneurial Project of the Year for 2014). It was awarded first place in the Innovation category for innovating production of the TP 100 turboprop engine for aviation.
The Entrepreneurial Project of the Year contest, organized annually by CzechInvest in cooperation with the Ministry of Industry and Trade of the Czech Republic, evaluates the best investor projects financially supported by EU structural funds and the state budget. The Minister for Industry and Trade, Jan Mládek, took personal patronage of the event.
The project pertaining to První brněnská strojírna Velká Bíteš (PBS) was praised by the jury, made up of representatives from the CzechInvest business development agency, the Ministry of Industry and Trade and evaluators from a group of experts. The assessors particularly took into account the fact that PBS, with the help of European subsidies, had put its own prototype of the TP 100 turboprop engine for aviation into production. The CEO of PBS, Milan Macholán (Ing.), said that: "We are incredibly grateful for this award, which recognises our research endeavours supported by EU structural funds and the Czech national budget; it is for us, and I believe also for other Czech entrepreneurs, an incentive to go ahead and make further efforts and progress. It is our belief that the TP 100 engine shall find widespread adoption worldwide, and this prize will be of great help to this end".
The TP 100 is a turboprop engine boasting an output of 180 kW and a total weight of 61.6 kg. It is based on the proven TJ 100 turbojet engine, which in this configuration acts like a gas generator, driving the free turbine and – via the propeller gear – a three-blade propeller at a constant speed (2158 rpm). It is mounted in piloted aircraft with 1-4 seats and unmanned aerial vehicles.
The opinion of the CEO of CzechInvest, Karel Kučera, is that investor projects for Czech entrepreneurs deserve support, as they bring about improvement in the quality of products and ensure success. "Therefore, over 132 billion crowns have been allocated for similar projects in the new Operational Programme Enterprise and Innovation for Competitiveness," he stated.