Startup Avenue 2020 / Volcano Summit

ABOUT STARTUP AVENUE
The world is full of challenges to be solved, from basic human needs to environmental needs.
The more we advance with technology and development, the more opportunities arise. For the same reason it is necessary to ensure the nutrition of the planet, improve health systems, solve the transport system in cities, reduce travel time between countries factoring environmental impact, create employment, bring technology to all corners of the planet, take care of animals, promote education, and like these, many more challenges.

The entrepreneur is the brave one, who chooses one of these great challenges as his mission and is willing to dedicate his life to solve it. But this path is not easy, facing major problems with proposals of real value entails effort, dedication, discipline and above all passion. However, it is those who dare, who ultimately impact the world in a positive way, leaving a mark, improving lives, and receiving benefits for it.

Startup Avenue seeks to find those brave game-changers and bring them together to show, not only Guatemala but the world, how things should work.

Are you brave enough to take the challenge?

CHALLENGE
Startup Avenue is a competition that aims to show the world the potential that Guatemala has in terms of innovation and entrepreneurship. This competition offers a space to 50 national and international ventures to exhibit their business models in front of the Volcano Summit community and the general public. The 50 ventures will have the opportunity to perform a business pitch in front of a select panel of judges and classify to different rounds, thus giving their venture not only the opportunity to be evaluated and heard by potential investors and mentors, but also the opportunity to qualify for future rounds and win important prizes.

The enterprises will be divided according to their maturity in the following three categories:

Business Idea: From those businesses that have already defined their business plan and already developed an MVP (Minimum Viable Product) to those with less than six months in market.
Seed and Early Stage: For those ventures that have at least six months in the market but less than two years. They already have an initial work team and clients but need capital to continue growing.
Growth & Scalability: For those enterprises or businesses that have more than two years in the market, have an established team and seek to maximize their sales and/ or raise capital to continue gro