100 applications were submitted to InSilesia Investment SFR Competition. The competition for startups is a joint initiative of the Silesian Development Fund and the famous accelerator from the Silicon Valley – Plug and Play. The final of the competition will take place on the 7th of October at the Silesian Stadium – on the second day of the European Future Forum. There are 150,000 zloty in the prize pool.
From among the submitted startups, the organizer and partner of the competition will select 20, which, together with Plug and Play representatives, will work on their presentations during the final pitching session, which will take place on the 7th October during the European Future Forum at the Silesian Stadium. During the finals, participants will present their solutions to jurors and the audience. The jury consisting of representatives of Plug and Play and the Silesian Development Fund, will select the winner and two winners from among the finalists, to whom they will hand out 100, 30 and 20 thousand zloty.
The organizers of the startup competition accompanying the European Future Forum are in the spotlight of innovative products, services and processes that will be used in regions implementing economic transformation processes and in post-industrial regions.
– The competition is international: technology transfer to Silesia and internationalization of Silesian technologies in the world. The mere participation in the competition gives startups the opportunity to develop, scale their business and build brand recognition in the international arena. And, of course, opportunities to implement your own concepts through active networking with investors present at the Silesian Stadium during the European Future Forum – says Benjamin Kloss, director of Plug and Play Austria.
The Viennese branch of the accelerator is the closest to Poland, while the rest, apart from the Silicon Valley, are located, among others, in Tokyo, Shanghai, Paris, São Paulo and Johannesburg. Plug and Play is one of the first investors to believe in PayPal, Dropbox, N26 or BigID.
The Silesian Voivodeship is in a phase of dynamic changes. We set a bold perspective for the development of high technology industries and innovative entities. The ambition of the voivodeship authorities is to implement a responsible economic transformation, including by supporting the development of smart specializations: green economy, medicine, emerging industries. We create space for startups. I hope that during the European Future Forum we will see ambitious and bold business proposals – says Jakub Chełstowski, Marshal of the Silesian Voivodeship.