Asia Blockchain & Fintech Startup Competition
In the framework of the Global Startup Competition Series, investment group EDGE196 announced the launch of Asia Fintech and Blockchain Startup Competition 2020.
This startup competition is a prestigious virtual elevator pitch contest where founders or startups working within or with Asia will showcase their business ideas to a panel of investors and experts. The objective is to identify the next generation of startups leading the transformation of the fintech and blockchain industries and to invest in them.
EDGE196 is an investment group with a global startup ecosystem designed to provide mentorship and business support to entrepreneurs in every country around the world (thus the 196 in their name). The company is focused on providing the necessary ecosystem to talented founders to help them succeed.
“At EDGE196, we believe a single successful startup has the potential to inspire an entire country’s entrepreneurial spirit. We are trying to support the next Google or Facebook in every country around the world. I look forward to this competition and the opportunity it brings to the Asian fintech and blockchain ecosystems.” said Jay Patel, the founder and CEO of EDGE196.
EDGE196 has been in the forefront of startup competitions and hackathons since its inception. In 2017, at the Global Startup Competition, EDGE196 selected 21 startups as pitch finalists among 3,000 applicants.
Applications for the Asia Blockchain and Fintech Startup Competition are open now and the next generation of entrepreneurs can submit their investor deck online. The applications will close on January 15, 2021 and six winning startups will be announced and invited to spend four weeks with the EDGE196 mentors and investors in Sugar Land, Texas to develop their startup. In addition, each one of the winning teams will receive between $25,000 and $200,000 in equity investment. EDGE196 will further evaluate the selected companies and invest up to $1 million in a follow-up round.
The applications are open until January 15, 2021 and startups can apply directly at http://fintechasia.edge196.com/
All funds awarded are equity investments subject to due diligence and the execution of appropriate investment documentation.
EDGE196 is an investment company with a global startup ecosystem designed to provide mentorship and business support to entrepreneurs in 196 countries. EDGE196 aims to fund thousands of vetted projects in the next few years using its “3M-Model” - money, mentorship, and market access. EDGE196 primarily focuses on disruptive, high-growth startups in the fintech, real estate, health/biotech, blockchain, agri/food-tech, climate/energy, social impact, and edu-tech sectors. They are headquartered in Sugar Land, Texas.