Deadline: 31-Jul-20
If your startup is looking to learn from industry experts, network with the local ecosystem, achieve product/market fit and accelerate growth in your existing market, apply now to the Local Stage of the Online Seedstars World Competition 2020/21 the largest startup competition in emerging markets.
From June to November each year, the Seedstars team looks for the most promising early-stage startups from 90+ emerging markets that will receive intensive training on how to be investment-ready. They will take part in local, regional, and global stage competitions, but only one of them will be crowned as the Global Winner and receive a prize of up to USD 500,000 in equity investment.
Benefits
- Entrepreneurial Education
- Take advantage of dedicated training based on your Investment Readiness Score to enhance all aspects of business growth and development.
- Network & Visibility
- Participate in networking activities & make your company known to a regional and global audience through competition communication channels.
- Prizes
- Winners get Regional Stage access to: Investment Readiness training, a network of mentors & investors, tech perks and remain in the running to win $500,000 USD!
How does it Work?
- Local Stage
- Step 1: June – August 2020
- Fully online, startups can apply from any part of their country to the nearest competition in their ecosystem. One winner per country will be to participate in the Regional Stage.
- All accepted startups will receive:
- Online Seedstars Academy
- Access to Seedstars Mentor Network
- Local Networking & Visibility
- Step 1: June – August 2020
- Regional Stage
- Step 2: November – December 2020
- Local Stage winners will compete on a regional level in a broadcasted pitch competition on Seedstars Life. Finalists will be selected based on their startup strength and scalability and will move on to the Grand Finale.
- Regional Stage benefits:
- Investment Readiness Training
- 1-1 Mentor & Investor Meetings
- Regional Networking & Visibility
- Step 2: November – December 2020
- Grand Finale
- Step 3: April 2021
- Will bring together the winners of all five regional stages for in-depth entrepreneurial training and the opportunity to compete for the title of Global Winner and the prize of up to $500,000 USD in equity investment.
- Grand Finale benefits:
- 2-day Growth Bootcamp
- 1-1 Mentor & Investor meetings
- Global Networking & Visibility
- Step 3: April 2021
Requirements
- Pitch and application submitted in English
- Obligatory attendance to the preparatory online activities of the competition
- Maintenance of an active and responsive communication
Selection Criteria
- You already have a Minimum Viable Product (MVP) and initial traction.
- Your startup received less than USD 1,000,000 in funding
- You must have operations or be incorporated in the country/city you are applying.
For more information, visit https://www.seedstarsworld.com/
A very good opportunity fo African nations