Expires on May 14, 2023 | 2023 JUMPSTARTER World Pitch Competition (Investment of up to $5,000,000)
For the JUMPSTARTER World Pitch Competition 2023, applications are now being accepted. JUMPSTARTER is a non-profit project organized by Alibaba Entrepreneurs Fund that offers a forum for all young people and entrepreneurs in Hong Kong to jump start their aspirations.
Additionally, it is a first-of-its-kind startup event that is solely dedicated to exhibiting excellent firms and offering fruitful networking possibilities. By bringing together business owners, corporations, investors, and the general public, they hope to strengthen the startup ecosystem and entrepreneurship in Hong Kong and contribute to the city’s development as a major center for global innovation and technology.
| Title: | 2023 JUMPSTARTER World Pitch Competition |
| Nationality: | All Nationalities |
| Funding: | Investment: $5,000,000 |
| Deadline: | Deadline for applications: May 14, 2023 |
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| WhatsApp Link: | Click Here |
| Telegram Link: | Click Here |
Benefits
- Pitch to leading investors and companies.
- Get a share of an investment worth up to $5 million USD and $1 million HK.
- Get media attention and global recognition
- Participate in the Alibaba ecosystem
- A free opportunity to exhibit
- Travel funding to Hong Kong for the Grand Finale
Eligibility
- The applicant must be the startup’s founder or co-founder.
- Startup might be in its conceptualization, early, or growth stages. Less than five years have passed since the company began operations.
- Startup must have received capital totaling no more than $20 million USD.
- Startups must have a unique company concept, product, or service, and they must show how innovation and technology have impacted their operations, their market, and their customers.
- Startup must want to include Hong Kong and/or other GBA cities in its future plans.
Judging Standards
Innovation and Industry Disruption – 20%
- Evidence of innovative advances in product, service, application, adoption etc
- Potential to disrupt the relevant industry
- Value proposition
Market Potential, Business Model & Scalability – 20%
- Ability of the idea to generate revenue
- Competitiveness, barriers to entry, first mover advantages etc
- Unit economics and scalability
Traction and Further Development Plan – 20%
- Operation and financial metrics, milestones and achievements since inception
- Forecast and product roadmap
Team Background and Strength – 15%
- Capabilities and expertise to execute the business plan
- Passion, ambition, vision, culture
Hong Kong or Greater Bay Area Nexus (Founder Background + HK / GBA Plan) – 15%
- Background of founders
- Plans to utilize Hong Kong or GBA to expand your business
- Evidence of existing or future operation plans in Hong Kong or GBA
Impact – 10%
- Creating a long-term positive impact on your industry, local/global communities and the world
- Being socially responsible, or sustainable by fulfilling at least one of the UN Sustainable Development Goals (SDGs)
Selection Process
- The screening and scoring will be processed by the AEF team.
- A total of 100 teams will be shortlisted for the Semi Pitch.
Application Process
Sign up your new account on
Login your existing account on
apply.jumpstarter.hk/account/#user/login
For MORE Information about 2023 JUMPSTARTER World Pitch Competition, Click Here
| WhatsApp Link: | Click Here |
| Telegram Link: | Click Here |
