Startup Competition

Join the Startup Competition

BULGARIA | Sofia - April 12th 2024

  • DIGITAL TRAINING

    SESSIONS
  • STARTUP

    COMPETITION
  • INNOVATION

    KEY DRIVER
  • INSPIRATIONAL

    TALKS

THE CONTEXT

The WMF is a certified International Trade Fair that has been a landmark for entrepreneurial culture, creating opportunities and connections within the international innovation ecosystem, for over 10 years.

Each year takes place in Italy the annual appointment with the World Startup Fest - a major event for global startups, scaleups, and investors, which in the past edition registered more than 60.000 attendees from 89 countries and more than 3.000 startups and investors. Among the many events, the largest International Startup Competition in Southern Europe, now in its 12th edition, witnesses every year the engagement of leading international players from the entrepreneurship and innovation fields.

Every year, more than 3.000 startups apply to pitch and compete in Italy. Some of the pitching startups are chosen, in fact, from the WMF call for startups, while some others are selected from the competitions of the local events organized in the framework of the WMF International Roadshow.

In its international show in Bulgaria, the WMF is holding a Startup Competition that will allow the best Bulgarian project to compete in Bologna, 13 - 15th June 2024.

Fill out the form below and submit your startup to the competition! The call closes on April 7th, 2024.

OPPORTUNITIES

The selected startups of the call will pitch on the stage during the event in Sofia and will be judged by a jury composed of local investors and WMF members, who may decide to support the growth of a great business idea.

During the event, Selected Startup will also have the opportunity to access to:

  • B2B meetings with local investors;

  • Local expo area dedicated to startups;

  • WMF's global network, with the possibility of being involved in related initiatives all year round.

  • In addition to that, all the selected Bulgarian startups will attend the WMF 2024 in Bologna, Italy, and will be present in the Startup District. They will also have B2B meetings scheduled with VCs and investors attending WMF, an exclusive opportunity to present their innovative project to open innovation players from around the world, and access to the WMF Innovation Night.


    The top three startups of the Competition will be awarded with the following prizes:

  • 1° | FIRST PRIZE: Access to the Startup District of WMF 2024, with participation in B2B scheduled meetings, pitch on the Startup Stage, and exclusive access to side open innovation events like Innovation Night during WMF 2024 in Bologna, Italy.

    Moreover, the first classified could be selected to compete in the WMF Startup Competition Finals (the biggest in southern Europe) and pitch in front of 60.000 attendees on the WMF Mainstage. In the past editions, the prize's value reached more than 3.3 million euros.

  • 2° | SECOND PRIZE: Access to the Startup District of WMF 2024, with participation in B2B scheduled meetings and exclusive access to side open innovation events like Innovation Night during WMF 2024 in Bologna, Italy.

  • 3° | THIRD PRIZE: Access to the Startup District of WMF 2024, with participation in B2B scheduled meetings and exclusive access to side open innovation events like Innovation Night during WMF 2024 in Bologna, Italy.

THE CALL: HOW IT WORKS

Once the call is closed, and the candidates evaluated, the WMF's Innovation Team will announce the selected startups that will have the opportunity to pitch and present their projects to the jury and the attendees at the local event in Sofia. Each team will have 3 minutes to present the key elements of their business idea. The jury of investors will then have another 2 minutes to ask further questions. A round of votes at the end will then announce the winners.

SELECTION CRITERIA

The call is dedicated to startups and businesses - made up of individuals or teams - with innovative projects or ideas regarding the digital/technological sector. Innovative projects aimed at generating a positive impact on territories and society will be considered with particular interest. Applicants will be selected according to the following criteria:

  • Skills of the team, knowledge of the sector, the feasibility of the project;

  • The development stage of the product/service;

  • Degree of innovation and its defensibility;

  • Positioning in relation to competitors;

  • Consistency with market and customers’ needs and potential outreach;

  • The business potential of the idea;

  • Completeness of the documentation presented.

THE ELEVATOR PITCH

Timeline

Mar. 18

2024
Opening

Apr. 7

2024
Closing day

Apr. 10

2024
Finalists Announcement

Apr. 12

2024
Final
THE 12 CHALLENGES OF THE FUTURE
The WMF encourages and supports the development of innovative entrepreneurial projects also capable of producing a positive influence on the environment and society. For this reason, the WMF Startup Competition gives the opportunities to the applying startups to indicate specific challenges of the future that they are preparing to tackle innovatively:
  • Future of Cities & Communities

  • Future of Health

  • Future of Work

  • Future of Culture & Travel

  • Future of Food & Agriculture

  • Future of Learning & Education

  • Future of Retail & Customer Experience

  • Future of Marketing

  • Future of Media & Entertainment

  • Future of Sports & Events

  • Future of Finance & Insurance

  • Future of Life On Planet Earth

During the application, startups can also indicate if and in what measure they adhere to the ESG policies (Environmental, Social, Governance) as well as the impact generated by their innovative project on 1 or many of the 17 Sustainable Development Goals indicated by the UN 2030 Agenda.

It will be possible to clarify the compliance to ESG (Environmental, Social, Governance) criteria as well as the impact generated by the innovative project on one or more of the 17 Sustainable Development Goals outlined in the UN 2030 Agenda.

Compete in the next edition of WMF International Roadshow | Bulgaria

TEAM PROPOSER

COMPANY

PROJECT

DOCUMENTATION

Attention: other formats will not be received correctly
(executive summary, business plan, one pager. Pdf, ppt, pptx, doc, docx only - max 10mb)
Partners of the WMF Bulgarian Event
Media Partners

Some partners of WMF Worldwide Event

aws
Barilla
HubSpot
ENEL
Oracle
Unicredit Start Lab
Ferrovie dello Stato
Milano Investment Partners
Infinity
NTT Data
Arduino
Innogest
Pam Innovation Lab
Vueling
Prana Ventures
Zanichelli
RDS
DPixel
Digital Magics
Cariplo Factory
LVenture Group
Luiss Enlabs
Tim WCAP
Nana Bianca
Pelliconi
Siamo Soci
Boost Heroes
Panorama
ARXivar
H-FARM
GDA - Fondazione Social Venture
Code Motion
Bip
Meta
IBAN
OVHcloud

Some members of the jury


Boyko Takov

Boyko Takov

Executive Director @ BSMEPA
Momchil Vassilev

Momchil Vassilev

Managing Director @ Endeavor
Iskren Krusteff

Iskren Krusteff

CEO @ Integrator
Alexander Nutsov

Alexander Nutsov

Community Development @ BESCO
Pavel Lisev

Pavel Lisev

CEO and Management Board Member @ FMFIB
Dobroslav Dimitrov

Dobroslav Dimitrov

Chairman @ BASSCOM
Giuseppe Oppedisano

Giuseppe Oppedisano

Head of Innovation @ WMF - We Make Future
Kamen Bankovski

Kamen Bankovski

Partner at Planet Nine Ventures

WMF International Roadshow

Bulgaria | Sofia

APRIL 12th 2024
Participate in the competition!