Founders Games is the startup competition in the program of Webit.Festival Europe. During the event we not only provide free grant for startups to get a free expo table, free festival tickets and opportunity to meet unparalleled selection top enterprise leaders from all around the world + investors, but also an opportunity to WIN €200 000 seed investment!
The Investors Summit and StartUp Academy are also a part of our Startup events. They are attended by a number of leaders from the corporate world, covering series of topics about innovation through collaboration with the startup ecosystem.!
The seed investment of 200 000 EUR is provided by Plamen Russev (chairman of Webit.Foundation, investor and serial entrepreneur) and prominent entrepreneurs and investors.
Тhe form in which the seed investment will be paid out is a convertible loan. The loan will convert into shares of preferred stock upon the closing of a next equity financing (Series A round of financing) at market terms for such an instrument.
There will be 2 tranches. The first tranche of 50 000 EUR will be transferred within a month after winning Webit’s Founders Games.
The second tranche will be released upon achieving certain milestones negotiated between the investors and the winner.
The investment offer is non-obligatory for the startup winner of Webit's Founders Games and subject to standard due diligence processes on behalf of the investors.
As far as your company is active in the following disciplines:
& Big Data
internet & IoT
WEBIT.FESTIVAL will provide startups with a free expo table and 600 free expo tickets.
The startups that qualify shall have access to all attendees of WEBIT.FESTIVAL - the major and most influential tech and digital global event for CEE.
The selection is made on 5 major milestones:
- Team capacity - 10 points
- Project Scalability - 10 points
- Business approach - 10 points
- Marketing approach - 10 points
- Uniqueness of the idea - 10 points
WEBIT.FESTIVAL is the only place where startups meet investors, reporters, the CEOs, CMOs and CTOs of the world's largest and most innovative companies along with the biggest global and regional advertisers. Only at WEBIT.FESTIVAL your startup will have access not only to hundreds of investors but also to major potential partners and clients making WEBIT.FESTIVAL the most StartUp friendly digital and tech industry event.
Hundreds of accredited journalists from all over the world will be present during WEBIT.FESTIVAL, searching for the next great startup. At the event you may meet and connect with editors in chief, editors and correspondents from Wall Street Journal, Mashable, The Next Web, Wired, Bloomberg, Guardian, TechCrunch, e27, Wamda, ITP, Forbes, CNN, The New York Times, Business Insider, The Economist and many more.
Investor? Meet amazing startups from all around the world.
StartUp? Meet governmental investment agencies from Europe and investors and grow your business.