SWC – LIFT

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The Startup World Cup is a global scale competitions aimed at bringing together startup communities worldwide, inspiring talented entrepreneurs to compete for the prestigious Startup World Cup winner and a $1 million investment prize.

Timeline & Criteria

Program Timeline

Open Registration

5-30 June 2024

Applicant Selection & Announcement

2-9 July 2024

Onboarding Day

12 July 2024

Demo Day

On-Site Jakarta

30 July 2024

Grand Final Pitching Day

On-Site San Francisco, USA

2-4 Oct 2024

Timeline & Criteria

Participants & Submissions Criteria

Requirements

Operating a business on a full-time basis.
Startups effectively address identifiable issues and have attained initial product-market alignment.
The startup possesses either a prototype or a concierge (manual) system, constituting its Minimum Viable Product (MVP).
The startup has demonstrated traction for a minimum of three months.
Startups have established durable and sustainable business models.

Submissions

Benefits

Participants Benefits

Special Prize

Get a chance to get a $1 million investment from Pegasus Tech Ventures by emerging victorious in the world finals.

Global Recognition

Secure victory and earn the opportunity to represent Indonesia at the Grand Final of the Startup World Cup in Hilton Union Square, San Francisco, USA

Networking Access

Access invaluable networks and connections with investors and business experts.

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Judges

Partners

In Collaboration With

Media & Community Partner

FAQs

Frequently Asked Questions

Have more questions about the program? Feel free to send your questions to [email protected]

What is the Startup World Cup?

Startup World Cup is the largest startup conference and pitch competition to connect startup ecosystems worldwide and encourage the most talented entrepreneurs to battle for the prestige of winning the prize.

What’s the requirement to join the competition?

The competition are open for startup that operate full-time, effectively address identified problems with initial product-market alignment, possess a prototype or manual system serving as their Minimum Viable Product (MVP), demonstrate traction for at least three months, and establish durable, sustainable business models.

Are international participants eligible to participate in the competition?

The competition is open to Southeast Asia startups based in Indonesia, Laos, Cambodia, Singapore, Thailand, and Brunei Darussalam.

How can I join the competition?

Participants can fill out the competition for on https://bit.ly/SEA-JoinSWC2024 . We accept submissions until 30 June 2024, 23:59 WIB

How much is the registration fee to join the competition?

The program is FREE of charge

Can you explain me the overall program milestones?

Administrative Selection: Evaluation of submitted forms for administrative purposes.

Onboarding Session: The top 10 selected after the initial screening will be invited to attend the onboarding session.

Final Pitching Submission: Each startup can submit their updated version of pitch deck to be presented in Demo Day.

Networking Event: On-site gathering in Jakarta to facilitate connections and collaboration opportunities within the Lestari network.

Demo Day: Concluding event where the selected Regional Winner from Indonesia will be chosen.
Grand Final: Regional Winner will represent Indonesia to pitch in San Fransisco and get the chance to be a global winner.

What are the components of the assessment criteria used?

For registration phase:

Problem: This indicator assesses a startup’s ability to identify significant market problems and the potential market size for the solution.
Solution: This indicator evaluates the effectiveness of solutions offered by startups or businesses in addressing identified problems.
Competitive Advantage: Examines the uniqueness of the solution compared to existing startups, including any distinct features, benefits, or strategic advantages that give it an edge in the market.
Management Background: Reviews the experience, skills, and expertise of the management team, highlighting their capability to successfully implement the solution and drive the business forward.