A new startup competition to give €25,000 and experts advice

Promising new companies can compete for the chance to take part in a boot camp and win a €25,000 prize. Organisers, f3fundit, are calling for start-ups from across the world to apply via www.f3fundit.com by May 21st and are looking for just €120 from each entrant.  Following a selection process, the top ten companies will gather in Barcelona, Spain, on June 16th and 17th. The entrepreneurs will work closely with a team of 25 experts who will both mentor them and decide which one will be crowned the next top start-up and walk away with the no-strings attached cash prize.

The competition is aimed at new companies in the so-called “valley of death” who are seeking financing of up to €300k. Ideal entrants should be innovative, scalable, internationally focused and concentrated on attractive market segments. They can come from any sector and should have the ambition to work with venture capital investors.

Entrants initially pass through a multi-metric evaluation process. This is then reviewed by the event selection committee who will make the final decision on the top ten. The chosen will then gather in Barcelona on the 16th and 17th of June where they will spend two days behind closed doors having their business models intensely examined by a host of experienced mentors along with select investors. Every aspect of their performance over the two days will be taken into consideration when determining who will be the next top start-up.