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Global Entrepreneurship Congress in March 2017.

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Global Entrepreneurs Network Announces Top 10 Startup Open Finalists.

by lanredahunsi
written by lanredahunsi

Finalists receive mentoring, compete for spot at 2017 Global Entrepreneurship Congress in Johannesburg, South Africa

The Global Entrepreneurship Network announced today the top 10 finalists for Startup Open – a global competition to find some of the most promising young startups in the world.

The announcement comes during Global Entrepreneurship Week, a celebration of innovation and entrepreneurship by roughly 10 million people in 165 countries around the world. Startup Open is one of the marquee GEW events, which gives entrepreneurs a virtual stage in which to pitch their ideas, receive feedback and compete for mentoring – to help move their startup forward.

The top 10 finalists include, in no particular order: (Read below for full startup descriptions)

This year, the top 10 were selected from more than 1,000 founders from 101 countries – and nearly three out of every four founders are from outside the United States. The finalists hail from eight different countries including Israel (2), India (2), Colombia, Egypt, Kenya, Malta, the United Kingdom and the United States.

This is the seventh year for the competition, and a preference was given to entrepreneurs from any industry with a new business that has yet to raise any outside capital from angel investors, venture capital firms or other formal sources of seed funding.

These finalists will automatically gain membership in the GEN Starters Club, a community of talented founders with access to GEN mentors, enhanced exposure and curated networking opportunities at special events around the world. They will also connect with mentors over the next four weeks before the winner is announced on Jan. 5.

The Startup Open winner will receive an all-expenses-paid trip to Johannesburg, South Africa, where they will attend the Global Entrepreneurship Congress in March 2017. The GEC brings together entrepreneurs, investors, global leaders and startup champions from more than 160 countries to explore the best ways to build and strengthen entrepreneurial ecosystems. As part of the experience, the Startup Open winner will have the opportunity to showcase his or her startup on a global scale and meet with potential collaborators, mentors and others to help the startup grow.

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Contests

Global Entrepreneurship Network Startup Open 2016 Competition for Entrepreneurs Worldwide (All Expense Paid Trip to Johannesburg, South Africa)

by OFA
written by OFA

Application Deadline: September 30th 2016

Startup Open is a global competition that is open to entrepreneurs from any industry with a new business that has yet to raise any outside capital from angel investors, venture capital firms or other formal sources of seed funding.

Eligibility

  • YES Stand-up phase when individuals or groups are equipped with the entrepreneurial attitudes and skills to attempt the creation of new company.
  • YES Start-up phase when resources are mobilised and regulatory requirements fulfilled to start a new company.
  • NO Scale-up phase when successful companies expand their businesses to new markets or in innovative ways.
  • NO Exit phase when a business owner or an investor decides to cash out an investment made in the past through trade sale or merger with a larger player in the industry (merger and acquisitions), secondary sales to third parties or initial public offerings (IPOs).

Rules

  1. All applications must be submitted in English.
  2. Applications will be accepted from July 1, 2016, until September 30, 2016.
  3. Applications will only be accepted online through the Startup Compete platform or through an officially approved National Competition.
  4. It is not required that a startup be incorporated, but a company cannot be incorporated over 18 months to compete.
  5. You must be starting a for-profit company, or a non-profit that does not rely on grants.
  6. Your startup must be pre-money, no venture funding, at time of application

Prizes:

  • One winner of Startup Open receives an all expenses paid trip to Johannesburg, South Africa where they will receive VIP delegate credentials to the Global Entrepreneurship Congress in March 2017.
  • In addition to the Grand Prize GEC experience, all 10 finalists gain a spot in GEN Starters Club, with additional chances there to travel to Johannesburg for GEC 2016.

Judges

  • The winners will be selected by a panel of judges who are looking at a range of criteria including growth potential, passion, creativity, level of idea development, and their pitching skills.
  • Each judge’s score is weighed equally.

Apply Now for the Global Entrepreneurship Network Startup Open

For More Information:

Visit the Official Webpage of the Global Entrepreneurship Network Startup Open

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