Next Top Startup
Event Info
Description
The entrepreneur comes first as a competition to find the next top start-up begins. Promising new companies can compete for the chance to take part in a boot camp and win a €25,000 prize.
We are calling for start-ups from across the world to apply via f3fundit’s app page by May 21st and are looking for just €120 from each entrant. Following a selection process, the top ten companies will gather in Barcelona, Spain, on June 16th and 17th. The entrepreneurs will work closely with a team of 25 experts who will both mentor them and decide which one will be crowned the next top start-up and walk away with the no-strings attached cash prize.
Who should apply to next top start-up? The competition is aimed at companies in the so-called “valley of death” who are seeking financing of up to 300k. Ideal entrants should be innovative, scalable, internationally focused and concentrated on attractive market segments. They can come from any sector and should have the ambition to work with venture capital investors.
Entrants initially pass through a multi-metric evaluation process. This is then reviewed by the event selection committee who will make the final decision on the top ten. The chosen will then gather in Barcelona on the 16th and 17th of June where they will spend two days behind closed doors having their business models intensely examined by a host of experienced mentors along with select investors. Every aspect of their performance over the two days will be taken into consideration when determining who will be the next top start-up.
Why are we are doing this? “We are on the start-up’s side,” says our founder Jacek Grebski. “When we designed this competition, we looked at it from the position of a new company that has a big future but right now is short on cash and resources. How can we make a competition work for them? So all we require of the entrants is a very reasonable €120 and their participation. We do not take an equity stake and we will make sure that every company receives feedback.”
