The IDEA competition is for you that wants to test if your business idea works and might become the next success story! Lensway, Naked Juicebar and Hövding are all alumni competitors of Venture Cup. All ideas are welcome to compete in Venture Cup IDEA as long as the idea you enter the competition with is your own and the revenue is below 100 000 SEK (external equity capital included).
Through Venture Cup you get access to entrepreneurial success factors such as: feedback, inspiration and our professional network. Everything you need to keep motivated during your process to make your business idea real.
Five winners from each region will be rewarded by a place at Venture Cup's yearly Top20-list, which is celebrated through an event. On top of that every winner will receive a modest cash prize of 5.000 SEK.
Winners in Venture Cup IDEA are selected in accordance with the following award criteria; credibility, scalability and idea. Therefor, make sure you have submitted all the information before deadline.
Once the deadline has past the submitted ideas will go through two different processes. First we have a screening process where the best ideas are selected by a screening jury. After that, each respective regional jury (representing North, East, West and South) decides which five ideas will represent their region on the Venture Cup Top 20 list, which is revealed at the Topp20 event in December.
All you need to compete is a business idea. You can present your idea in any of the following ways below.
Although the jury will not judge more than:
• Max 1 min video
• Max 1000 words
• Max 3 pictures
To be able to submit your idea, you have to register as a user on our competition platform. This is easy and fast done with your email or through your Facebook. You are able to make changes at the platform and you idea up until deadline, after that you can not do any further changes.
We have helped entrepreneurs in over two decades and know that a lot of business ideas have confidential information. You have the option of keeping the information hidden from the public when uploading your idea on the competition platform. Make sure that what you want to hide is limited to the field ’’hidden information’’.
This information can only be seen by the jury, network and Venture Cup employees, which all have signed a confidentiality agreement.