infoDev at the World Bank and CRDF Global have announced VentureOut, a new initiative that is aimed to support of entrepreneurs through hands-on training, virtual learning opportunities, mentorship, international exposure, and seed funding.
While the VentureOut program is designed to encourage mobile app entrepreneurs to internationalize their apps into new geographies, it will also give the participants a chance to meet with other entrepreneurs 31 countries, who will be encouraged by local technology community partners located in six Countries: Armenia, Kenya, Macedonia, Nigeria, Senegal,and South Africa.
Interested participants can apply here between August 9 and September 2, 2013, and the top 9 entrepreneurs from the competition will meet in Moldova this October 30-31, 2013 for the Dragon’s Den, a pitching exposition to compete for $10,000 in seed funding. Thanks to a great partnership with TechCrunch, one selected VentureOut entrepreneur will also be attending TechCrunch’s Disrupt Europe event in Berlin this October 26-29, 2013.
In order for you to apply you must prepare a summary which will be reviewed by judges who are experts within the entrepreneurship ecosystem. The judgesÂ will select the top 18 semi-finalist entrepreneurs. All 18 entrepreneur swill then create a PowerPoint presentation (template presentation provided here) which judges will review, allowing them to select the 9 finalists.
The top 9 will then receive mentorship throughout October, be invited to the workshop, pitch session, and award ceremony in Chisinau, Moldova on October 30-21, 2013. The finalists will be judged by experts to determine the winners. One competition winner from each continent will receive a grant of $10,000.
The application is open to citizens from Albania, Kosovo, Macedonia, Bosnia and Herzegovina, Bulgaria, Serbia, etc. See more details here in the Venture Out Challenge Rules.