The Global Startup Competition (GSC) is a brand-new competition organised by AngelHub & WHub. GSC aims to find the best tech startups around the globe that are scaling in Asia and to unleash their full potential by providing them with visibility, network, and funding needed to grow.
GSC Round 1 was launched as part of the Startup Impact Summit 2020, one day of the StartmeupHK Festival week. We ran regional startup competition roundshows in 12 countries across EMEA and Asia and brought together prominent startups, investors and corporates from each of these regions. All regional winners will then be invited to compete and showcase themselves at the GSC Grand Finale, to be announced soon. GSC Finale winners stand the opportunity to win up to USD1,000,000 in equity investment* and up to USD10,000 in cash prize money, and will receive a fixed cash prize to cover travel costs (amount varies by region) **.
GSC Round 2 due to the overwhelming response from Round 1, GSC team will be launching Round 2 with a similar format as Round 1. All regional winners will then be invited to compete and showcase themselves at the GSC Grand Finale event at SIS20 in Hong Kong, standing in front of over 3,000+ attendees and key stakeholders of the innovation and tech ecosystem. They will stand the chance to win up to USD1,000,000 in equity investment* and up to USD10,000 in cash prize money, and will receive a fixed cash prize to cover travel costs (amount varies by region) ***.
*The winners must comply with the terms & conditions established by AngelHub, as well as its disclaimers. Prizes will be awarded in the form of cash investment in exchange for equity shares in the startup through AngelHub’s investment platform.
** Regional winners from Europe (Berlin, London, Paris) and Israel (Tel Aviv) will receive a travel budget of 1,500 USD/team. Regional winners from Asia will receive a travel budget of 600 USD/team.
*** Based on the regions of Round 2 the GSC team will be announcing the new budget.
Funding: Pitch your business to compete for up to US$10,000 cash prize and US$1,000,000 equity investment* prize.
Resources: Get empowered with corporate partnerships, networking events across our network in Asia and EMEA as well as a Softlanding package into the Greater Bay Area.
Exposure: Gain international exposure in front of a selected audience of investors, media partners, and industry experts.
What is the selection process?
The Global Startup Competition will select startups based on the following process:
- Step 1: Apply to pitch in one of the local event;
- Step 2: Evaluation and pre-screening by our selection committee.
- Step 3: Pitch at our Local Startup Competition. Our judges will select 1 champion per local event.
- Step 4: Grand Finale in #SIS20, 2020 in Hong Kong. Each local champion will have the opportunity to compete in front of a prestigious investment committee composed of top investors, industry experts, CEOs and tech entrepreneurs in the Asian region.
1 Expo Dr, Wan Chai, Hong Kong