Venture-Z Startup Competition

OPPORTUNITY DETAILS

Nonprofit organization

Venture-Z Startup

Area

Maghreb

Host Country

Algeria

Deadline

03 Nov 2024

Opportunity type

Competitions

Opportunity funding

Not funding

Eligible Countries

This opportunity is destined for all countries

Eligible Region

All Regions

Venture-Z, a dynamic startup competition, offers an exceptional platform for ambitious Gen Z entrepreneurs to showcase groundbreaking ideas and make a lasting impact on society.

It is an initiative by the prestigious 2nd International Conference on Sustainability: Developments and Innovations (ICSDI) 2024, bringing together brilliant minds and forward-thinking individuals dedicated to shaping a better future.

Eager entrepreneurs have the opportunity to pitch their inventive concepts to prominent investors and industry experts through the exhilarating Venture-Z Startup Competition.

This platform not only allows you to actualize your entrepreneurial aspirations but also highlights the forward-looking perspective of Generation Z.

Join us at ICSDI 2024 to connect with avant-garde thinkers and prospective business trailblazers.

Participants can not only present their ideas and showcase products or services but also vie for invaluable mentorship and investment prospects in this thrilling event.

Whether your venture boasts a groundbreaking product, disruptive service, or innovative technology, the Venture-Z Startup Competition serves as the ideal launchpad to propel your startup journey.

Seize this chance to spotlight your entrepreneurial spirit, garner recognition, and secure the resources necessary to elevate your venture to unprecedented heights.

Location: Online, Saudi Arabia

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Harry Frank Guggenheim Emerging Scholar Awards (Fully Funded)
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Benefits

Cash Prizes:
The 1st place winner | 30, 000 SAR
The 2nd place winner | 20, 000 SAR
The 3rd place winner | 10, 000 SAR
The Venture-Z Startup Competition offers attractive prizes and recognition for the winners. In addition to the cash prize the winner may receive financial support, mentorship opportunities, access to networks, and exposure to potential investors and industry leaders.

Note: The exact details of the prizes will be announced closer to the competition date.

Eligibilities of Venture-Z Startup Competition

The Venture-Z Startup Competition is open to aspiring entrepreneurs and startup teams from diverse backgrounds and industries. Participants must meet the following criteria:

Must be 18 years of age or older.
Must have a viable business idea or an early-stage startup.
Individuals or teams can participate (team size restrictions is 5 members).
International participants are welcome.

Eligible Regions: Open for All.

Journey for Venture-Z Startup Competition

Application Submission | December 1, 2023

To participate in the competition, all interested teams must submit an application form providing essential details about their startup. The application form will be available on ICSDI website typically includes information such as the team’s background, business idea, target market, and current stage of development.

Initial Screening | December 15, 2023

The submitted applications will go through an initial screening process conducted by the ICSDI organizing committee. This screening aims to evaluate the eligibility and alignment of the startup with the competition’s theme and criteria. Applicants who meet the initial criteria will proceed to the next stage.

Selection Criteria | December 30, 2023

The qualifying process will consider various criteria to assess the startups. These criteria may include factors such as innovation, market potential, feasibility, scalability, team capabilities, and alignment with the theme of the competition. The judging panel will review and evaluate each application based on these criteria.

Mentorship Program | January 30, 2024

Shortlisted teams will have the opportunity to work closely with experienced mentors during a dedicated mentorship program. This program spans over five days and focuses on refining and enhancing the startup ideas. Mentors will provide guidance, insights, and expertise to help teams strengthen their business models, improve their value proposition, and address any challenges they may face.

Pitch Presentation | February 19-20, 2024

After the mentorship program, shortlisted teams will be invited to deliver their pitch presentations to a panel of judges. During this stage, teams will have the opportunity to showcase the progress they have made, present their refined business models, market analysis, and growth potential. The judges will assess the presentations based on predetermined evaluation criteria and select the top teams to proceed to the final round.

Final Round | February 21, 2024

The final round of the competition will involve additional evaluation and may include elements such as Q&A sessions, prototype demonstrations, or business plan reviews. The top-performing teams will be recognized and awarded based on their performance and potential.

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