At Webit.Foundation we are happy to announce that we not only provide free grant for startups to get a free expo table, free festival tickets and opportunity to meet unparalleled selection top enterprise leaders from all around the world + investors, but also an opportunity to WIN €200 000 seed investment!
With over 93% startup failure overall rate, the selected Webit startups for the Founders Games’s semi-finals in the past 7 years have less than 30% failure rate. Being among the Webit's Founders Games startup list is a statement of the company's credibility, innovation and potential in front of enterprise and investors as well as a great marketing opportunity. See who is already registered and may see your pitch!
Day 1: 25 April
Startup Pitch Stage
Giovanni Seppia External Relations manager, EURid
Day 2: 26 April
Startup Pitch Stage
Thimo Schmitt-Lord Executive Director and Head, Bayer Foundations
The seed investment of 200 000 EUR is provided by Plamen Russev (chairman of Webit.Foundation, investor and serial entrepreneur) and prominent Bulgarian entrepreneurs and angel investors including the founder of Telerik (USD 264 million company exit) Vassil Terziev, The founder of Rosslin Capital, investors and serial entrepreneur Ivo Evgeniev and the founder of Telelink and sucessful entrepreneur Lyubomir Minchev.
Тhe form in which the seed investment will be paid out is a convertible loan. The loan will convert into shares of preferred stock upon the closing of a next equity financing (Series A round of financing) at market terms for such an instrument.
There will be 2 tranches. The first tranche of 50 000 EUR will be transferred within a month after winning Webit’s Founders Games.
The second tranche will be released upon achieving certain milestones negotiated between the investors and the winner.
The investment offer is non-obligatory for the startup winner of Webit's Founders Games and subject to standard due diligence processes on behalf of the investors.
As far as your company is active in the following disciplines:
& Big Data
internet & IoT
WEBIT.FESTIVAL is to provide startups with a free expo table and 600 free expo tickets.
The startups who qualify shall have access to all attendees of the WEBIT.FESTIVAL - the major and most influential tech and digital global event for CE Europe.
The selection is made on 5 major milestones:
- Team capacity - 10 points
- Project Scalability - 10 points
- Business approach - 10 points
- Marketing approach - 10 points
- Uniqueness of the idea - 10 points
WEBIT.FESTIVAL is the only place where startups meet investors, reporters, the CEOs, CMOs and CTOs of the world's largest and most innovative companies along with the biggest global and regional advertisers. Only at WEBIT.FESTIVAL your startup will have access not only to hundreds of investors but also to major potential partners and clients making WEBIT.FESTIVAL the most StartUp friendly digital and tech industry event.
Hundreds of accredited journalists from all over the world will be present during WEBIT.FESTIVAL, searching for the next great startup. At the event you may meet and connect with editors in chief, editors and correspondents from Wall Street Journal, Mashable, The Next Web, Wired, Bloomberg, Guardian, TechCrunch, e27, Wamda, ITP, Forbes, CNN, The New York Times, Business Insider, The Economist and many more.
Application for the Founders Games is now closed.
The semi finalists are announced. 2425 startups applied.
The top 100 were selected.
Investor? Meet amazing startups from all around the world.
StartUp? Meet governmental investment agencies from Europe and investor and grow your business.