Deadline: November 28th 2023 | The Underdog Technology Award Call For Applications
| Title: | The Underdog Technology Award Call For Applications |
| Organisation: | inDrive |
| Fund/Benefit: | $60 000 |
| Deadline: | November 28th 2023 |
| Eligible countries: | All |
The Underdog Tech Award, an international competition for the top tech startups outside of major tech hubs and communities, was established by inDrive.
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Mission
- To combat unfairness in an endeavour to make the world a more just place for 1 billion people or more by 2030.
Prize Specifics
- The Prize’s 60,000 US dollars in prize money are given out as follows:
- 30,000 US dollars will be awarded for first place, 20,000 US dollars for second, and 10,000 US dollars for third.
Finalists
- Get access to the inDrive mentoring programme and advice from leading professionals in the field.
- Gain from PR assistance to draw in new target customers, partners, and investors.
- Join a global community of businesspeople who share your interests.
Every Candidate
- Reviews by VC fund professionals: Boost the potential of your startup with input from VC analysts
- Boost the likelihood that you’ll be offered investments
The Underdog Tech Award’s guidelines
- You are a founder and a C-level executive, okay? Make sure your startup first:
- Been started within the last five years.
- Has a current MVP
- No investments larger than seed ($4 million) have been raised.
- Has never taken part in any conferences abroad
- If everything is okay, submit the form and include your PDF presentation.
- The basics of your startup
- Why is your new company the underdog?
- What is the focus of your offering?
- Marketplace and rivals
- MVP, plans for product development, economics of the technology unit, and business model
- Scalability
- Impact & mission of the team
- Why do you think you deserve the Prize?
- Following that, analysts from VC funds will examine and rank all projects using the following criteria:
- Personal Leadership Capabilities Startup Market Size
- Scalability
- Ability to make money
- One-of-a-kind competitive edge
- Good product-market fit
- Market entry strategy
- Group potential
- Goal-oriented/social impact
- Underdog startup: How have you overcame difficulties or disadvantages?
- Finally, the “impact” criterion will be evaluated by their jury with an emphasis on firms that want to improve people’s lives by addressing injustice.
For more information, visit inDrive.
