The 2024 Venture Startup Competition is a Swiss-based platform for innovators to showcase their ideas. The process includes business plan submission, pitch training, and a final pitch session. Participants can win up to CHF 150,000 in non-dilutive cash prizes. The deadline is February 28, 2024.
Venture 2024 - your opportunity to kickstart your business
The 2024 Venture Startup Competition, a cornerstone of the Swiss startup landscape, has officially kicked off. This competition, co-organized by ETH, McKinsey & Company, Knecht Holding, Innosuisse, and EPFL, is inviting early-stage startups to apply for its 2024 edition.
A Platform for Visionaries
The competition is a platform for innovative minds to showcase their ideas and solutions. It welcomes a wide array of participants, especially those at the early stages of their startup journey. Whether you’re still fine-tuning your business idea or have already made strides with customers and funding, the Venture Startup Competition is an opportunity to take your startup to the next level.
The Competition Process
The competition process is straightforward anddesigned to provide participants with valuable feedback and insights. It begins with the submission of adetailed 10-20 page PDF document outlining the business plan. Every participant will receive highlyvaluable written feedback from three different jurors.
The top 10 finalists will be chosenfor the “Finance and Insurance” vertical based on the submitted plans. These startups will get access to theVenture mentors and will also be able to refine their pitching skills byparticipating in a pitch training session held by McKinsey & Company communicationsexperts and investors.
Following a pitch to the jury duringround two, only three startups will be selected from the 10 finalists to moveon. At this stage, each startup hasalready bagged the non-dilutive prize money of at least CHF 10,000.
The competition will culminate in apitching session in front of top-level leaders of established not-for-profitorganizations from Venture’s advisory board.
Participants will receive significantfinancial incentives, including non-dilutive cash prizes totaling nearly CHF600,000, with a Grand Prize of CHF 150,000 plus a MacKinsey & Company consulting package. Winners of the competition gainsignificant exposure in the ecosystem and media, enhancing their visibility. Additionally, finalists benefit frommentorship and training, including pitch training workshops and individualizedfeedback from mentors.
The 2024 Venture Startup Competitionis more than just a competition; it’s a launchpad for innovation, a platformfor visionaries, and a stepping stone for startups aiming to make a difference. So, if you’re based in Switzerland orplan to establish your business there, this is your chance to shine.
If you’re ready to venture forward,the submission deadline is February 28, 2024. To learn more and applyvisit at www.venture.ch.