The fourth edition of the Entrepreneurship World Cup (EWC) is now open for applications to entrepreneurs in 200 countries looking to take part in the world’s largest startup support program and pitch competition.
Sponsoring Agency: Global Entrepreneurship Network
Type of Fund: Challenges, Competitions or Prizes
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 07/10/2022
Size of the Fund: USD $500,000 to $1 Million
The fourth edition of the Entrepreneurship World Cup (EWC) is now open for applications to entrepreneurs in 200 countries looking to take part in the world’s largest startup support program and pitch competition.
The program offers founders a chance to pitch on a global stage for a share of US$1 million in prizes plus additional investment opportunities and in-kind support.
Startups participate in a series of virtual training opportunities to sharpen their skills around areas such as customer + industry knowledge, personal + team skills; creativity + problem solving, and business acumen.
Prizes and Awards for EWC 2022
- Travel to the EWC Global Finals: All global finalists will receive a full travel scholarship for one (1) Team Member to participate in the EWC Global Finals.
- The Team Member must be the Founder, Co-Founder or CEO. In special cases, with the approval of the Organizer, the CFO, COO, CTO would be eligible to participate at the EWC Global Finals in their place.
- The scholarship includes: a round-trip flight ticket, visa, hotel accommodation, meals, and local transportation.
- Additional Co-Founders and/or any other Team Members are welcome to join the EWC Global Finals at their own expense and must RSVP to requests for conference registration or other attendance requirements by stated deadlines as space is limited.
- EWC 2022 Awards and Cash Prizes: The EWC 100 will be eligible to receive their share of prize packages totaling USD $1 million in cash and/or investment as well as more than US$10 million worth of in-kind services and support.
Categories
- Idea Stage: Building a team and initial product/prototype
- Does not have a Minimum Viable Product (MVP), and
- Does not have any revenue, and
- Raising funds to develop an idea, product or concept
- Early-Stage: Building a product, establishing product-market fit and early revenue
- Has a Minimum Viable Product (MVP), and
- Has not raised Post Series A, or
- Initially commercializing their product/service in one or more target markets, and
- Successfully incorporated/registered their venture
- Growth Stage: Scaling customer acquisition and revenue
- Has raised Post Series A, or
- Generating recurring revenues (for the past 3 years) and experiencing solid growth, and
- Showing clear, growing and measurable user / market traction in a large or rapidly expanding market
Eligibility Criteria
- There is no entry fee
- Any startup from around the world is welcome to apply and become an Applicant.
- Applicant(s) must be legally registered or planning to register in their country of residence.
- Applicant(s) must be less than seven (7) years old at the date of the Global Finals.
- EWC Global Winners from previous editions are not eligible to participate again in EWC 2022.
- Employees of the organizers, its affiliates, subsidiaries, advertising, promotional agencies, suppliers and immediate family members are not eligible to participate in the Competition.
Phases of Participation
- Phase 1: Registration
- Applicants are on-boarded automatically by the competition website and segmented into appropriate categories based on their stage: Idea, Early, Growth.
- Phase 2: EWC Accelerates
- Applicants are invited to participate in EWC Accelerates and learn from a series of virtual training opportunities to sharpen their skills regardless of their stage (e.g. pitch training).
- Phase 3: EWC Qualifiers
- Applicants compete against others from their country in EWC Qualifiers (competitions) around the world. For countries without a national organizer, applicants will compete in a Global Pool. Up to 250-300 contestants advance past the EWC Qualifiers to the EWC Group Stage in Phase 4.
- Phase 4: Bootcamp + EWC Group Stage
- All EWC Group Stage contestants are invited to participate in a structured virtual bootcamp comprising two or three cohorts organized by Idea Stage, Early Stage and Growth Stage. Teams participate in a cohort-level workshop and direct one-to-one mentorship sessions designed to explore unique challenges, uncover applicable solutions and refine their pitch and presentation.
- Phase 5: Assessment + Global Finalist Selection
- EWC Group Stage contestants are evaluated based on the results of due diligence and other factors tied to the Bootcamp. The top 100 are selected as the “EWC 100” Global Finalists.
- Phase 6: Global Finals
- The EWC 100 are invited to participate in an intensive preparation bootcamp before competing for prizes including a share of USD $1 million and millions of dollars-worth of in-kind services and support.
- Phase 7: Post-EWC Support
- EWC 100 are enrolled in the GEN Starters Club, providing a global peer network, mentorship and other support services to help members, especially after the EWC, reach their full potential. Other partners may be engaged to provide post-EWC support.
More information at: https://www.genglobal.org/ewc-gen-starters-club-gen-accelerates-gen-space/entrepreneurship-world-cup-back-founders-compete
Eligible Countries:
All Countries
Business Categories:
Entrepreneurship and Innovation, Business, Startups
