Nigerian Startup Green Energy is heading to Switzerland to win 500K at Seedstars World Final Competition
Green Energy is representing Nigeria at the Seedstars World Grand Final in Geneva and will be competing against 35 other startups from Emerging Markets
Seedstars World (SSW), the most exclusive startup competition for emerging markets and fast growing startup scenes is bringing Lagos-based startup to Geneva at its Final Event on February 4th, 2015. Green Energy won Seedstars Lagos last June and is among the 36 startups that will compete and pitch for USD 500K equity investment.
More than 1’500 startups from Eastern and Central Europe, Africa, the Middle East, Asia and Latin America applied to participate in Seedstars World. During its world tour in 2014, Nellie Horn and Julien Berthomier, Seedstars World’s Global Scouts, hosted local competitions in 36 countries to find the best locally-grown startups. After nine months on the road, Seedstars World will be welcoming all the startup finalists for the Grand Final in Switzerland. Countries represented at Seedstars World include Turkey, Russia, Azerbaijan, Armenia, Serbia, Iran, UAE, Jordan, Lebanon, Palestine, Morocco, Senegal, Ghana, Nigeria, Uganda, Rwanda, Kenya, South Africa, India, Singapore, Thailand, Vietnam, the Philippines, Malaysia, Indonesia, Korea, Japan, China, Taiwan, Australia, Mexico, Colombia, Peru, Chile, Argentina and Brazil.
Based in Geneva, Switzerland and founded by Alisee de Tonnac and Pierre-Alain Masson, the competition is supported by the venture builder Seedstars SA. After its first successful edition in 2013 across 20 cities, SSW expanded its competition massively to more than 30 countries. Every regional event featured up to 20 startups, during which they had to prove their worth in six minutes of pitching time and withstand the questions from a local jury of experts (investors, accelerator directors & successful entrepreneurs). Regional winners are then invited back to Geneva for the Grand Final.
“Seedstars World is the culmination of a nine month search for the world’s most innovative tech startup outside Silicon Valley.” explains Alisee de Tonnac, Seedstars World CEO. “Seedstars World will hold its worldwide competition every year and we are expecting to grow exponentially to all the corners of the world.“
Startup finalists will take part in a three-day bootcamp organized in partnership with EPFL, the leading European engineering school. International investors & mentors from top accelerators like BBooster, The Founder’s Institute, Chinaccelerator as well as from the business strategy consultancy Galixo will coach them on their business model.
The winner of the global startup competition will be announced during the Final Event hosted on the first day of the Lift Conference, one of the top innovation and tech conferences in Europe. The Seedstars World winner will be chosen by a jury composed of top investors such as Johnny el Hachem, the CEO of Edmond de Rothschild Private Equity, Seedstars World’s investment partner, Jose Marin the founder of Serendipity Investments and Jessica Thorell of Investment AB Kinnevik; and top entrepreneurs such as, Jens Lapinski, the managing director of Techstars and Marco Corradino, the co-founder of Bravofly Group.
Seedstars World looks for smart startups that solve regional issues and/or develop profitable products for the global market. In Lagos, Green Energy turns plastic waste into generator and car fuel. After winning the regional event in Nigeria on the 13th of June, CEO Choji Bare stated “Sustainability is a global issue. So where better to present Green Energy than on the global stage in Geneva? We look forward to the Final Event and are excited to go!”
For this second edition, more than 1,000 entrepreneurs, venture capitalists, business angels, journalists and start-ups enthusiasts are expected to join for the final chapter of the SSW 2014 tour. During the first edition in February 2014, around 500 people participated, with the ex-VP of Alibaba, Porter Erisman, showcasing the type of opportunities to be found in emerging countries and the growth potential.
About Seedstars World
Seedstars World is the most exclusive startup competition for emerging markets and fast-growing startup scenes. It aims to be the number one network for entrepreneurship in the world. Based in Geneva, Switzerland and founded by Alisee de Tonnac and Pierre-Alain Masson, it is supported by the venture builder Seedstars.