IDEA is a competition for business ideas in an early stage. It can be a simple thought, an idea you can not get out of your head or an idea that you have been working with for a while. Whichever it is, this is the competition for your idea since you will get feedback on your idea, exposure and the possibility to test the idea to potential customers at an early stage. Apart from this, you will have the opportunity to be awarded 5 000 SEK and a spot in our top 20 best ideas in Sweden. IDEA opens during the fall, stay tuned by subscribing to our newsletter or follow Venture Cup on social media.
STARTUP is the competition for early phase startups who have not commercialized revenues exceeding 500 000 SEK. This competition targets new startups with verified business ideas, scalability, and significant growth potential. To compete you submit a pitch deck which will be evaluated by a jury after the 4th of April. Besides useful feedback, an impressive network and the chance to get publicity, the competing startups have the opportunity to win up to 500 000 SEK as well as a stamp of quality that your startup have won the Venture Cup, which is proven to be useful to attract investors and publicity.
All the competing startups are judged by their credibility concerning their idea. So make sure that you include information about your idea, your presumed team, your presumed scalability, and overall credibility as an entrepreneur in your submission. You are able to iterate your idea up until the deadline, so the feedback you receive will be very helpful in the competition. The nominees are selected throughout likes, and ratings, and are then sent to a jury who will go through all of the nominees and decide who the top 20 in the country are.
You need to have a business idea and be able to communicate it in a way so that an audience understands it. You upload your idea by using a video pitch (maximum 60 sec), audio recording (maximum 60 sec), pictures (maximum 3) or written text (maximum 1000 words), and how you communicate your idea, well, that is entirely up to you and your ambitions. Your creativity is the limit!
To submit your pitch deck, you go to our platform and register a user, either by using Facebook or email. You will then be able to register your idea in just a few simple steps. Since we have been supporters of entrepreneurs since 1998, we know that some business ideas have information that is best-kept secret. Therefore, startups with these kinds of ideas can write sensitive information in the hidden field which will only be visible to the judges and the team behind Venture Cup, which all have signed confidentiality agreements. So you do not need to worry, your secret will be safe with us!