Thursday, August 25, 2016

Startup World Cup: Betting Local Startup Into Silicon Valley


Silicon Valley venture capitalists origin United States Fenox Venture Capital menyelenggaraan Startup World Cup event in 2017.

This event is a global conference and competition held in Indonesia, India, the People's Republic of China, Japan, Taiwan, Israel, Australia, the UK, Czech Republic, Luxembourg, South Africa, South America (Chile) and North America (US West Coast, Midwest and East Coast).

Later, the regional winners will compete in the final round to be held in Silicon Valley, United States on March 24, 2017.

According to the General Partner and CEO Fenox Startup Venture Company and Chairman Anis Uzzaman 2017 World Cup, the winner of this event is a chance to win prizes in the form of an investment of US $ 1 million or equivalent to Rp 14 billion and various other prizes.

Indonesia is the first country where the event was held. Startup World Cup held in Indonesia, Fenox Venture Capital in cooperation with the Creative Economy Indonesia (BEKRAF). The main event was held at Balai Kartini, Jakarta, Tuesday (23/08/2016).

Previously, registration of Startup World Cup 2017 has been carried out since June 21, 2016, through the official website of Startup World Cup 2017: startupworldcup.io. Startup World Cup in Indonesia, a total of 800 startups in Southeast Asia have signed up to fight.

After the judging, the top ten teams were selected to present their ideas in front of juries of experts, potential investors, and the audience is made up of businessmen and representatives of major companies to determine regional winners from Indonesia.

The judges who took part in this event include: Head Bekraf Triawan Munaf, Managing Partner 500 Startup KhaiLee Ng, CFO and Co-Founder of GO-JEK Kevin Aluwi, Co-Founder and Managing Partner of Northstar Group Patrick Walujo, and Associate of Global Founders Capital Leon Hermann.

"Regional winner will be announced today are entitled to a free trip to Silicon Valley, the United States, where the final round of the Startup World Cup 2017 will be held," said Uzzaman.

Furthermore, the winners of the preliminary round in Indonesia will represent the country at conferences startup and Startup World Cup 2017, which will take place during the week. These winners will get to participate in activities bootcamp experience, startup war, international conferences and investor forums.

According Uzzaman, the greatest gift of this event is not just an investment of Rp 14 billion from Fenox VC, but an opportunity to build and expand global connections with potential investors in the world.

"This is a good start for the Startup World Cup 2017 to see the tremendous enthusiasm of the participants of Indonesia. Fenox VC and BEKRAF proud of the talent and ideas that are owned by this country, "concluded Uzzaman.

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