The leading Baltic startup and technology event TechChill, taking place from May 7th to May 21st this year, has announced its annual pitch competition Fifty Founders Battle. All seed and early-stage startups from different fields are encouraged to take part and compete for recognition of international investors along with the main prizes of 10 000 EUR (equity-free) and up to 150 000 EUR investment.
The application deadline is April 8. 50 of the most promising startups from across the Baltics, Nordics, Central and Western European regions as well as the rest of the world will be selected among all participants. Each semi-finalist will then have the opportunity to present their business idea on TechChill’s virtual stage in front of over 200 investors and other attendees. This year the main focus is on FinTech, B2B, AI&ML, Sustainability, Hardware, IoT and Robotics.
IT’S NOT ALWAYS ABOUT WINNING: All the accepted startups will get a free pass to TechChill 2021, as well 1000 USD of AWS credits!
WHO CAN APPLY? All early stage startups related to FinTech, B2B, AI&ML, Sustainability, Hardware, IoT, and Robotics. No country resrictions.
HOW TO APPLY? Apply here before April 8, 2021
HOW WE CHOOSE THE STARTUPS? The startups will be judged by investors and experts related to the specific verticals.
WHAT’S IN THE PRIZE POOL?
Fifty Founders Battle winners from previous years include emerging Baltic success stories such as Infogr.am, TrackDuck, Edurio, Nordigen, Sprayprinter, Anatomy Next, Precision Navigation Systems, as well as last year’s winner, Estonian startup Woola, which produces a sustainable sheep wool bubble wrap. In total there were applicants from 37 countries represented last year.
“Fifty Founders Battle was the start of a crazy 2020 for Woola. Winning the competition gave us the recognition that’s needed when starting to fundraise. The cash prize helped us survive while bootstrapping until we ended the year with a 450 000 EUR investment round. We’re especially happy to see greentech emerge in the battle – looking forward to seeing more climate startups succeed this year. Our experience shows that Fifty Founders Battle is a great platform for any startup on the way to growth and global success,” Woola co-founder Anna-Liisa Palatu comments.
TechChill will take place for the 10th time in May this year gathering over 2000 attendees, including fastest-growing start-ups, international speakers, most innovative corporations, investors, media representatives and talented tech enthusiasts from all over the world. This time the leading technology event in the Baltics will be held virtually focusing on topics such as sustainability innovations, knowledge for growth, digital transformation, diversity, as well as the role of the Baltics in the future of tech. The two weeks of content will begin with a launch event in Vilnius and end with a grand finale in Riga, building bridges across borders on a brand new level.