Cambodian Startups to compete with other global startups for $1 Million USD investment at The Global Startup Challenge 2017: Fintech
The Global Startup Challenge 2017: Fintech is now open for applications till 10 December 2017, so Cambodia-based Startups who specialise in Fintech can now apply! As an initiative to empower innovations and startups on a global scale through the platform EDGE 196, this Challenge hopes to sieve out international startups that have the potential to become the next unicorn of the world.
Running over 26 global clusters in 196 different countries, 3 startups will be shortlisted from each cluster. From there, they will engage in an online conference pitch and battle it out to be the reigning finalist from each cluster. The 26 selected winners are then offered term sheets and provided with an acceleration program run by one of Edge 196’s global partners, as well as being given a chance to participate in the Grand Finale, also known as the Startup Summit.
The cluster finalists then stand a chance to receive an investment of 50,000 USD. On top of that, the overall winner of the whole Challenge has an opportunity to win a grand investment of $1 Million USD.
Besides winning big on investments, potential startups get to access the global market where they will be facilitated and introduced to the most fitting global markets. Selected startups also have a chance to raise continuity investment through Global Investment Partners.
Taking it to a more local scale, those in Cambodia who are interested in participating can do so through the Singapore Cluster! Under this cluster, Cambodian Startups will get to compete with startups from other neighbouring countries like Thailand, Vietnam, Malaysia, Laos and of course, Singapore. To apply and for more information, you can visit the Singapore Cluster Challenge page here.
On top of that, here is a of important dates you should take note of and the 4-phase timeline for The Global Startup Challenge 2017: Fintech:
If you are interested in learning more about The Global Startup Challenge 2017: Fintech and if you make the cut, you can visit Edge 196’s website here and to view the wide array of Challenges they have globally, you can look here.