When the world’s best university startups are gathered, magic happens!
(To skip straight to their website, click here: www.universityworldcup.com. )
Each year, the Danish non-profit organization Venture Cup hosts a week-long world cup in Denmark where promising startups compete to be awarded the world’s best university startup.
Universities around the world nominate and send their most promising startup to represent them and their country at the University Startup World Cup (USWC) where more than 70 startups participate. Besides the university partners, an open submission functions as wildcards and secures spots for startups who “just” have a great idea!
The startups visit relevant companies, pitch their idea to investors, participate in a large EXPO and network with like-minded startups from around the world. A jury network of 500 business people go through all business plans and the startups pitch twice to a panel of jurors before the most promising startup is found.
At the end of the week, there is a grand Award Show where H.R.H. Crown Princess Mary present the award to the most promising startup on stage in front of prominent persons from the ecosystem, business community and media.
Last year, Isara, ‘Uber for deaf people’, from Indonesia ended up winning the University Startup World Cup.
Here’s what Isara had to say about USWC.
Brief description of Isara:
Isara is Duolingo for sign language and Uber for sign interpreters; it leverages the power of community to preserve, teach, and learn different sign languages.
The USWC experience:
Aside from the constructive feedback and enthusiastic network of entrepreneurs, we believe USWC gives our project an enormous amount of credibility and assurance which is critical to solidify potential partnerships and investments.
We are quite confident about the future. We are hoping to integrate more sign languages onto our platform and start operating our interpreter service as soon as it’s ready – and I personally think we would have not been able to boost this without USWC!
100% of the participants say that they would recommend participating
82% say that the week would help them build a successful business
82% say that the new connections will help their startup grow
Read more here: www.universityworldcup.com.