Seedstars World is returning to Ethiopia on September 14, 2016 to place the spotlight on entrepreneurs from emerging markets and provide them with an opportunity to win up to USD 1 million and network with investors and mentors from around the world.
Its previous participants have raised over USD 61M collectively, providing employment to more than 800 employees worldwide.
The companies selected to pitch at the Seedstars Addis Ababa event need to be less than 2 years old, have raised less than USD 500,000 in funding and have built a minimum viable product, ideally with existing traction. Up to 10 of the best seed stage startups in Ethiopia will be invited to pitch for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland. Ethiopia was previously represented by Fidel.
In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Seedstars World is closely working with Ice Addis, who is representing the initiative throughout the year. All participating startups will also qualify for two major prizes that Seedstars World is running this year:
Together with TRECC Startups in Education qualify for the global “Transforming Education Prize” which will award the best startup in the education space from around the world with a prize of over USD 50,000. In addition, Seedstars World and Intel are collaborating on the “Intel Solutions Challenge” to find the best startups in Hardware, IoT, Cloud and Analytics with the goal of inviting them to a prestigious Demo Day with internal and external partners who will give access to market and funding for the best startups.
Applications for Seedstars Addis are now open and can be found here. The application deadline is on September 7 2016.