Swiss-based group coming to PH to find best local startups

Seedstars World, the largest startup competition for emerging markets and fast-growing startup scenes, will be coming to the Philippines to pick eight startups that will represent the country at the Seedstars Summit and win up to $1 million in equity investments and other prizes.

Acudeen, founded by Filipino Magellan Fetalino, won last year’s Seedstar World in Switzerland

With the support of the local host Acceler8, Seedstars will be holding a dynamic pitch event on August 15.

The companies selected to pitch at the Seedstars Manila event need to be less than two years old, have raised less than $500,000 in funding, and built a minimum viable product, ideally with existing traction.

The Seedstars team is searching for one additional criterion: the startup’s regional and global scalability. With a strong network of international partners, such as Merck, SPECo, Enel or Continental (among others), the competition organizers are looking for smart startups that tackle regional issues and develop profitable and sustainable products for the global market.

The applications are open until August 5 and startups are invited to apply here. After a careful screening, the Seedstars team will shortlist 8 of the best seed-stage startups in Manila to pitch on the August 15 for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland.

“Seedstars World is a platform that connects investors and stakeholders with the next generation of entrepreneurs. This will be our 6th time organizing the event in Manila, where we have previously scouted two of the five Seedstars Global Winners, so far and the stakes are very high now We are taking Philippines’ best startup with us to Switzerland in 2019 and we are very excited to know if there will be a third winner on the way,” said Rosie Keller, regional manager for Asia at Seedstars.

The goal of Seedstars is to place the spotlight on entrepreneurs from emerging markets, especially those targeting solutions that align with UN Sustainable Development Goals.

With that in mind, Seedstars World is travelling to more than 65 countries to identify the most innovative seed-stage startups, awarding them the opportunity to win up to $1 million and network with investors and mentors from around the world at the global Seedstars Summit in Switzerland.

Its previous participants have raised over $92M collectively, providing employment to more than 2.100 employees worldwide.

The eight startups selected will give a five minute pitch in English, in front of a jury made up of local startup heavyweights. Members of the public and press are welcome to come join the fun and should register on the above Seedstars Manila website as well.

Comment on this post