Does your start-up have what it takes to solve global challenges by coming up with innovative services? If yes, your team might just be able to win $50,000 in equity investment and other wonderful opportunities. Does it strike your fancy?
The STARTUPPEDIA ASEAN Challenge 2016 is here! It aims to challenge young entrepreneurs across the ASEAN region to unleash their creativity and attain groundbreaking ideas for innovative solutions to world problems. With a core backing from Fenox Venture Capital, potential investors and other major corporate figures are waiting to see who will bring unique value to their customers. Fenox Venture Capital has been heavily involved in the start-up scene since 2011, and their multiple investments across the globe has seen them invest in more than 65 innovative startups such as Tech in Asia and 99.co.
What’s in it for you, you may ask? Well, here’s the loot:
- $50,000 worth of Equity Investment
- Exposure to a network of Angel Investors, Venture Capitalists, Corporate Companies looking for Investment Opportunities
- Coverage & Prestige – You will be presenting in front of international audiences and be covered by national media!
- Mentorship opportunity with handpicked mentors from around the globe with years of experience in different industry fields
- Benefit from the knowledge of serial entrepreneurs, corporate leaders, accelerator directors and investors
That’s a whole lot of incentives don’t you think? Here’s the timeline:
On February 15th, registration will close and late submissions will not be tolerated. On the next day (Feb 16), a pre-screening will be held and 30 start-ups will be selected to virtual pitch via a video conference to present their pitch decks from Feb 18-19. Successful applicants will get notified at 11.59pm on Feb 16th latest.
After the virtual pitching, 10 startups will be selected to go through a mentorship program with Fenox’s subject matter experts called a ‘Validation Sprint’. Startups that are not located in Jabodetabek and/or anywhere in Indonesia, will be mentored through online sessions. Finally, on February 23rd, the 10 startups that have gone through mentorship will pitch their final presentation decks to an international audience.
You can read more about the official rules and find out about the more frequently asked questions here. With potential equity investment, media coverage, partnership and networking opportunities, the STARTUPPEDIA Challenge urges all young entrepreneurs to join now!
What will Cambodian teams bring to the table? Let’s wait and find out!