Startups | Peace | Slush. Seriously.
Jun 1-Dec 31 '18 (7 months)
About Startups4Peace 2018
Startups4Peace Competition and mini acceleration Program
The objective is to encourage innovative startup entrepreneurship with intercommunal vision in Cyprus, to bring together and increase contacts between the Greek Cypriot and Turkish Cypriot startup communities and support young entrepreneurs in developing their businesses.
Selected startups will get the opportunity to attend the legendary startup event SLUSH in Helsinki, Finland on December 4-5 2018.
Organized by the Embassy of Finland in Cyprus and Startup Cyprus, in partnership with the EU Infopoint, funded by the European Union, Cyprus Chamber of Commerce and Industry and the Turkish Cypriot Chamber of Commerce.
Business Criteria (60%)
i. Are you actually solving a problem? Does the solution solve a core need / problem?
ii. Do you have a clear value proposition / Clear benefit to the customer?
iii. Have you identified a specific target market?
iv. Is it unique? – how good / innovative / viable is the idea?
v. Market potential – how scalable is the product or service? Can you conquer the world?
vi. How will you differentiate from the competition?
vii. How will you make money?
viii. What is your go-to-market / launch strategy?
ix. Team? – ability to execute
Cooperation Criteria (40%)
1. Team composition: Cyprus majority in teams (team members from other countries are allowed)
i. Preference will be given to intercommunal teams.
ii. The business follows the objectives of increasing co-operation between the Greek Cypriot and the Turkish Cypriot communities, joint business ideas and taking into consideration opportunities of operating in a united country.
● Teams must address both Criteria, Business and Cooperation
● The panel may also select startups from the Turkish Cypriot community and from Greek Cypriot Community.