On June, 29-30, around twenty of Georgia’s best seed-stage startups will participate in a bootcamp and compete to represent the country at the global Seedstars Summit in Switzerland and win up to USD 500,000 in equity investments and other prizes.
Tbilisi, Georgia, June, 6 – Seedstars World, the largest early-stage startup competition for emerging markets and fast-growing startup scenes, is coming to Georgia for the 5th time. Seedstars will be holding a dynamic “How to get investment ready” bootcamp event on June, 29 in Tbilisi folllowed by Pitching event on June, 30 in Borjomi.
The companies invited to the training session and to pitch at the Seedstars Tbilisi event must have raised less than USD 500k in funding and built a minimum viable product, ideally with existing traction. The Seedstars team is searching for one additional criterion: potential for regional and global scalability.
Besides representing Georgia at the Seedstars Regional Summit, the winner will get a chance to win an all-inclusive trip to Switzerland, to compete at the Seedstars Summit for the title of Seedstars Global Winner and up to USD 500,000 in equity investments and other prizes.
The applications are open until June, 23 and startups are invited to apply at https://seedsta.rs/ssw19-tbilisi After careful screening, the Seedstars team will shortlist around ten of the best seed-stage startups to participate in training and 1:1 meetings with investors and pitching event on June, 30 in Borjomi
“We are very excited to come back to Georgia for the 5th time! The stakes are higher than ever as we’ve been in this ecosystem for more than 5 years now and know there are companies in Georgia developing high-quality products. We are looking for the best and will take them with us to Switzerland in 2019!”, says Agahuseyn Akhmadov, Regional Manager for CEE at Seedstars.
“Alliance Group Holding (AGH) in cooperation with Seedstar World organizes largest international startup competition in Georgia for the 4th time, which aims to encourage entrepreneurship and development of innovative startups. We are actively pursuing growth and development of innovative companies in Georgia. One of the main purposes of the Georgian Venture Capital Association (GVCA) founded by us is to make capital attraction easier for startups. Four years of our involvement in Seedstars international competition aims to discover new fields and encourage innovative projects, that means investment attractiveness in Georgia, growth of entrepreneurship and international competitiveness of the country”, explains Aieti Kukava CEO, Alliance Group Holding Chairman, Georgian Venture Capital Association.
Alliance Group Capital is the main sponsors of the event. Further support is provided by USAID, G4G, Partnership Fund, GVCA, BIA, StartUp Georgia.
“They tried to bury us, they didn’t know we were seeds.” – Mexican proverb
Seedstars is a Swiss-based private group of companies with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 80 emerging ecosystems through a variety of events such as the Seedstars World Competition, acceleration programs, physical hubs called Seedspace, venture capital investments and company building activities.
ABOUT SEEDSTARS WORLD COMPETITION
Seedstars World is the world’s largest startup competition in emerging markets. For the past six years, Seedstars Teams travel around for a 9-month world tour and scout for the best early-stage startups in 65+ countries, organizing 100+ events. One winner is selected to represent each country visited, and is invited to attend one of the 5 Regional Summits, reuniting all local winners of each region to network with regional investors, mentors and corporates. Local winners are also awarded the chance to represent their countries at the Seedstars Summit, the competition’s final happening in Switzerland, where startups compete for up to $500,000 in investment. The Seedstars Summit is the flagship event of Seedstars, filled with breakout sessions, panel discussions, specialized workshops and the best minds from emerging markets.
High-resolution photos, logos, as well as press information and interview options are available on demand.
Media Relations, Seedstars
Laura Eboa Songue