Seedstars World, the global competition for startups in emerging markets comes to Uruguay for the second time on May 26th.
With the goal of connecting, building and investing in startups from emerging countries, this year Seedstars World will travel to Latin America, Africa, the Middle East, Eastern Europe and Asia, selecting the best startups from each country. Its latest winners have raised a combined $23 million, generating more than 500 jobs around the world. In Latin America, more than 15 countries in Latin America and the Caribbean will be visited by the Seedstars team. After the event in Lima, Peru, where the startup qAIRa Nano+7, which has a technology that reduces air pollution monitored by a drone, won, Montevideo is the second city of the tour in the region.
The national competition will be this coming Thursday, May 26th 2016 at 3:00 pm at LATU Technology Park, Montevideo. Startups can pre-apply on the Seedstars World website. Registration for the interested public can also be done at the link above.
The competition is aimed at startups that are less than 2 years old, have less than $500,000 in capital and have a minimum viable product in operation. The competition is open to any industry and looks for the startup's business model to be scalable globally. The finalists must make a 6-minute pitch in English, followed by 4 minutes of questions and answers with a panel of judges made up of key players in the local ecosystem of entrepreneurship and innovation.
The national winner will have the opportunity to participate in an intensive week of mentoring and meeting with investors, with all costs paid. The week will conclude with the grand finale of the competition, where the Global Prize is an investment capital of up to one million US dollars.
"Seedstars World exceeded all my expectations. Not only was it a week in Switzerland with great mentors and a spectacular event, where we learned a lot, but also being part of the network of amazing and inspiring startups from all over theworld" explains Rosario Monteverde, CEO of GPSGay and winner of the 2015 edition of Seedstars World Uruguay.
The novelty this year is that a regional event for Latin America will be held at the end of 2016 in Buenos Aires, Argentina. In this space, the winning startups from the countries in the region will gather together with investors, mentors and representatives from the public and private sector for workshops, panels and business rounds. "It will be a prelude to the final event in Switzerland to be held in March 2017 and above all an opportunity to connect Latin American countries and create a space for dialogue to elaborate together new ideas, which support the development of innovative and high impact entrepreneurship. "explains Alisée de Tonnac, CEO of Seedstars World.
Applications until May 18 at 11:59pm, here.
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ABOUT SEEDSTARS
"They wanted to bury us but they didn't know we were seeds." - Mexican Proverb
Seedstars is an international organization based in Switzerland with events in more than 50 countries around the world. Its mission is to impact the lives of people in emerging markets through entrepreneurship and technology. The company's goal is to develop startup ecosystems by connecting, building and investing in visionary entrepreneurs. Seedstars connects the best entrepreneurs with investors, the corporate world and the media, and helps them scale and expand into other potential markets. They also empower startups by helping them with resources, talents and growth techniques to eventually invest in the most promising ones. Sharing the values of trust, efficiency and diversity, Seedstars aims to support the entrepreneurial ecosystem from entrepreneurs to investors, including governments and the corporate world.
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