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 how well they perform concerning the company's idea, team, scalability, and credibility. So make sure that you include information about these areas in your submission because when the deadline hits, all pitch decks will go through our screening jury. The screening jury will then select which startups that will have the opportunity to present in front of the jury which decides the winners. The first step is to win one or more of the awards; Impact Maker, Game Changer, Student SuperStart or Toptech, in the region final. Winners from all four regions will then compete in the National final to win one or more of the awards, as well as the prize of becoming the Startup of the year 2017.
You will need to have a business idea and most likely some form of business plan to base you pitch deck upon. You will need to present your startup by submitting a pitch deck consisting of maximal 20 slides, and if you have the information required to tell your story, it should not take more than a couple of hours. However, if you want to, you can also supplement your pitch deck by using a video pitch, audio recording or written text, but 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 a pitch deck 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!