5 April 2019 – On 10 April 2019, at the Prague Congress Centre, the first ever European Continental Finals of the global competition Startup World Cup 2019 will be held as a part of the Startup World Cup & Summit (SWCSummit). The winner is about to win $ 500,000 USD investment prize and the title of the European Startup Champion. They will also gain entry to the global Grand Finale, which is to be held in Silicon Valley in May. Apart from the competition, the event will welcome keynote speakers from all over the world, including Apple’s first CMO, John Rizzo, the ex-VP of Instagram and CEO of Strava, James Quarles, the bestselling author and founder of Electronic Arts, Dave Evans, Avast CEO, Vince Steckler, and the billionaire Karel Janeček. Along with them the organisers expect dozens of angel investors, founders, and innovators from all around Europe. They will all be ready to network, provide guidance to fresh entrepreneurs, and look for new business opportunities.
Hundreds of up-and-coming startups are confirmed to attend SWCSummit, one of the most important events in the startup world in the Central Europe region this year. The goal is to find the European champion, create a talent network, draw the public’s attention to small businesses’ added value, and, most importantly, boost the European startup scene’s confidence. “Europe used to be an unshakeable cradle of innovation. Nowadays, despite Europe’s huge potential to retain its position, we feel momentum is shifting away. With this in mind, we see SWCSummit as an opportunity to spark new connections, investments, and ideas that can help Europe reclaim its reputation of the global innovation epicenter,” says Vít Šubert, the startup incubator UP21 CEO and the event’s co-founder.
“There’s an opportunity for everyone at SWCSummit – not only startups vying for the title and $ 500,000 USD investment prize. The event will be divided into special zones dedicated to startups, innovators from the corporate world, investors, and the general public. All attendees will be brought together through Myia, a networking and matchmaking smartphone app,” explains Václav Pavlečka, the CEO of Air Ventures and the second co-founder of the event.
For the first time, Prague is going to witness the best startup projects in Europe, the winners of 13 regional finals of the Startup World Cup. The finalists will compete to win $ 500,000 USD investment prize, the title of the European Startup Champion, and participation at the global finals held in San Francisco. Europe is the first continent to hold its own finals of this startup competition.
In the scope of SWCSummit, the regional finals of Visegrád Group takes place. 265 confirmed startups will compete to become the winning startup of the V4 Regional Finals, who will gain entry to European Continental Finals as well as entry to the global grand finale taking place in Silicon Valley in May.
The Startup World Cup & Summit (SWCSummit) is a unique marriage between the two most significant startup summits to emerge over the last few years. The Startup World Cup is a global startup summit and competition organized by the Silicon Valley venture capital fund Fenox. It was created to support innovations worldwide, interconnect subjects within the startup ecosystem, open doors for talented entrepreneurs, and identify 20 of the best startup projects on the market today. Regional winners will compete at the grand finale in Silicon Valley for $1 million and other cool prizes. SWCSummit is organized by the investment fund Air Ventures and the startup incubator UP21. Dating back to 2012, the summit has attracted speakers from leading global corporations and startups, including TechCrunch editors, Startupbootcamp chiefs, Silicon Valley investors and representatives from companies like Tesla, SpaceX, Hyperloop Transport Technologies and Kiwi.com. The summit has also headlined corporate leaders like Andre Wehner from Škoda Auto and Tomáš Budník from O2.
UP21 is an incubator and investor, providing startups with four crucial elements to help them succeed — financial support, specialized mentoring, personal development, and key industry skills. For each startup, UP21 creates a personalized navigation plan and leads innovators on their path to success in the spirit of its motto: “Investment is not enough. Ask for a great co-pilot.”
Air Ventures supports rising tech startups. The fund invests in dynamic technology companies with the focus mostly on the Central European region, brings unique know-how to marketing strategy-building, and allows startups to reach audiences and attract customers efficiently.