Luxembourg, 18 December 2017
The Startup World Cup is back in Luxembourg
Talented entrepreneurs and incubators of Luxembourg and the Great Region, mark your calendars! 22 March 2018 will see the second edition of the Startup World Cup in Luxembourg.
This world renowned competition organized by the famous event creator Farvest and EY, Leader in professional services, will take place for the second year in a row in Luxembourg, which has been chosen as a host country of this prestigious event dedicated to startups.
This is no coincidence with regard to the efforts made by the Government of Luxembourg to maintain its reputation as a startup nation and support young fledgling companies willing to evolve and succeed in a growing ecosystem.
Epsilon, Winner of the 2017 Edition in Luxembourg.
In March, earlier this year, Epsilon was proclaimed winner of the 2017 edition in Luxembourg.
As a market leader in the connected footwear market, the young company based in Nancy (Lorraine) and created by Karim Oumnia in 2014, created a new business model which consists of introducing electronics in shoes. This involved the creation of connected foot-warming shoe soles making it possible to regulate the temperature of your shoes via a smartphone, and presentation and launch of the first “smart shoes.”
What does Startup World Cup actually mean?
Startup World Cup is a global series of conferences and competitions with the goal of bridging startup ecosystems worldwide, and it encourages the most talented entrepreneurs to battle for the prestige title of winning the Startup World Cup. 32 regional events are scheduled all over the world, leading up to the Grand Finale in Silicon Valley.
22 March 2018 will be a key European event of the series, and more particularly one of the semi-finals in Luxembourg.
Startup World Cup is organized by Fenox Venture Capital, an early stage, Silicon Valley based VC firm. The March event in Luxembourg represents the European debut of the competition.
EY Luxembourg: Partner of choice this year again
Due to its strong local anchorage and well-known international experience in supporting startups from all around the world, from inception to transformation into multinational companies, EY Luxembourg was chosen to be the main partner of this event, which will again take place in the EY premises for this 2018 edition.
“At EY Luxembourg, entrepreneurship is an integral part of our DNA. We are therefore very pleased to collaborate with Farvest and to host one of the world-class semi-finals of the Startup World Cup in our premises. This event makes it possible to highlight not only the outstanding path of talented startups, but also the exceptional story of women and men, who, as key drivers of growth and competitiveness, feed on confidence and cultivate the entrepreneurial spirit. Last but not least, this unique competition perfectly fits with our “Building a Better Working World” mission, and more particularly with our EYnovation program providing full support to startups around the world, which is part of it”, said Olivier Lemaire, EYnovation Leader at EY Luxembourg.
Luxembourg under the international spotlight
The event will include pitches from the top startups across Europe, and a few guest keynote speakers.
“We are thrilled and proud to host the Startup World Cup once again in Luxembourg”, said Kamel Amroune, Partner of Farvest Group & Co-founder of ICT Spring, a world-class Tech Conference held in Luxembourg. We could not be more excited to introduce this event to our community, regionally as well as across all of Europe. We truly believe in its resounding success for the great benefit of exceptional startups which have been able to prove it is always possible to innovate and succeed.”
“We are very excited to partner with Farvest Group,” said Anis Uzzaman, CEO and General Partner of Fenox Venture Capital and Chairman of Startup World Cup. “Our joint forces will be able to deliver one of the best startup events in the region and cater to the entrepreneurs.”
The Grand Finale in San Francisco
The Grand Finale will take place in San Francisco on 11 May 2018. The winner of the pitching competition will represent Europe and compete alongside 32 other startups from all over the world for a chance to win a $1,000,000 prize of investment in their company.
The call for applications has now been launched. All startups who would like to apply can do it via the following address: http://www.startupworldcup.io/luxembourg-application
More information about the competition: www.startupworldcup.lu
Chris Abshire, Executive Director, Startup World Cup
Kamel Amroune, Partner, Farvest group