Are you a startup in education, environment, health or mobility & cities? If you are you should consider applying for the Challenge Cup.
Produced by 116, The Challenge Cup is a global competition in 16 cities around the world to identify and celebrate the most promising startups tackling the biggest challenges in four categories: education, energy, health, and cities. The competition features a 2-day accelerator program; an exciting public competition with the most innovative companies in the four categories; and an opportunity to connect with prominent entrepreneurs, investors, customers and partners. At each competition, up to 40 startups will present their 1 minute pitches, 8 will move on to the 5 minute pitch round and 4 will win a free trip to Washington, D.C. for the Global Finals where there will be over $650,000 in prizes available.
The competition is a great opportunity for Kenyan startups to take part and spread their innovations outside Kenya’s borders. There will be a week-long of activities during the final and you get to network and could land a few investors. Other benefits of competing are:
Benefits of Competing:
- 2 day accelerator program (with mentors, corporate partners, and investors
- Pitch coaching workshop
- Get to know other startups and experts in your industry
- Receive hands-on advice for growing your startup
- Get exposure through international media channels
- Get exposure through 1776, a dedicated reporter will be at all events
- Pitch in front of VIPs in your community
- Opportunity to win a free trip to Washington, DC and up to $150,000 in the form of an investment.
The requirements to apply for the challenge are:
- Scaleable product or service
- Fit within one of the Challenge Cup categories (Education, Environment, Health and Mobility & Cities)
- Raised less than $1.5 million USD at the time of application
- Generated less that $3 million USD in revenue at time of application
- For-profit company
The deadline for application in Nairobi is 19th December. You can apply here.