Seedstars, an organization with a mission that aims impact people’s lives in emerging markets through entrepreneurship and technology, has announced the theme for its annual Summit and its about Billions.
The highlight will be the final ceremony of the third edition of the Seedstars World competition, where up to USD 1 million of equity investment will be awarded to one of the 55 regional finalists.
Seedstars, launched its third edition of the Seedstars World competition in 2015, backed by an international team of 12. They have covered 55 cities, scouting for the best startups around the world and all 55 finalists have been selected to participate in a three days boot camp followed by the famous Semi-Finals & Finals.
The Seedstars Summit and final ceremony, which areÂ open to the public, will take place on March 3rd in Switzerland, whereby the “Seedstars World Global Winner” will be named and receive up to USD 500,000 in equity investment.
Other sectors such as travel and space will also be rewarded with equity investments and grants. The event is expecting around 1,000 entrepreneurs, venture capitalists, corporate executives, business angels, government officials, journalists and startup enthusiasts to join for an amazing experience in Switzerland.
The Seedstars Competition
More than 3,000 startups from Eastern and Central Europe, Africa, the Middle East, Asia and Latin America applied to participate in Seedstars World. Since April 2015, four regional teams and expert local juries have selected the most promising startups in 55 cities from Jakarta to Santiago passing by Ramallah and Lebanon.
The Seedstars Bootcamp
The 55 finalists will come to Switzerland to take part in a three-day bootcamp where international investors & mentors from top accelerators like Level Up!, The Founders Institute, 500 startups, from business strategy consultants, such as Wardour & Oxford or eDevice, as well as from top managers, such as Filippo Bonsanti, Director of Marketing Strategy at Ebay or Jose Achache, Managing Director at AP-Swiss, will coach them on their business model, pitching skills and growth strategy.
On the last day of the bootcamp, the startups will pitch in front of investors from all regions and have a privileged time to speak with them. 12 of them will then win their ticket to take part in the final round, the day after, on the main stage at the Summit.
The Summit & Final Ceremony
In addition to the final ceremony, the aim of the Summit is to discuss how technology and entrepreneurship can impact billions of people’s lives.
When thinking of emerging markets, most people still imagine hubs of low cost manufacturing and unskilled labor force. This perception is about to change. Emerging markets are already transforming into centre of innovation where talented people and changemaker grow argues Alise de Tonnac, CEO at Seedstars World.
BILLION is the red line of the Seedstars Summit this year.
Today, there are over 4 billion people without access to the Internet, which in my language means 4 billion potential consumers, opportunities and connected citizens. In the next 4 years alone, nearly half a billion people will come online for the first time. Venturing a bit further into the future, by 2020, 8 out of 10 smartphones will be located in emerging markets. Emerging Markets are at the center of the map!, explains Alise de Tonnac.
The day will start with several workshops covering a wide range of challenging and innovative topics, such as Women entrepreneurs rising, How can governments kickstart an ecosystem? or Takeoff: Exploring the next generation of the travel industry.
In the afternoon, the final ceremony of Seedstars Summit will take place. Apart from the final pitches, top speakers like Frederico Lara, CTO at Bongo International, or Fabio Cannavale, CEO of lastminute.com group will share their ideas and insights about the latest trends in their respective fields and regions. Finally, Seedstars Summit is an opportunity to meet a community of changemakers and inspiring people from Colombia to Indonesia.
New Track and Prizes
In addition to the Seedstars World global winner award a new Travel track has been added this year. This Travel investment track is powered by lastminute.com group, and they will invest up to USD 500,000 in the best travel startup, accelerating the startup’s growth with their industry know-how and long-standing expertise in the industry. Inmarsat and AP-Swiss will also award a USD 50,000 grant to the best startup developing an application or services leveraging satellite technology. HUBLOT, the official Timekeeper, will reward the most innovative startup with a watch of considerable value of USD 20,000.