The regional finals of Challenge Cup 2016, a global pitching competition for startups organized by global incubator and seed fund 1776, will be held in Nairobi on Thursday February 18.
Challenge Cup, organised by the World Bank Group, iHub and Nairobi Garage, is an annual global tournament spanning over 50 cities and covering every continent to find, fund, and promote highly scalable startups with potentially transformative solutions in agriculture, transportation, education, energy, health, and finance.
In takes place in three levels: local competitions, nine regional finals – including the Regionals in Nairobi – culminating in the global final, to be held in Washington, DC, in June 2016. High-growth startups compete for US $1 million in cash prizes and funding, media opportunities, and curated connections to mentors, corporate partners, policymakers, and potential investors.
The Regional Finals in Nairobi will showcase both the city’s most compelling startups and the companies that advanced from the local competitions held across the continent – Accra, Addis Ababa, Casablanca, Harare, Kampala, Lagos, and Pretoria – with the support of regional partners and the World Bank’s network of Climate Innovation Centers.
In addition to participating in the pitch event, competing startups will also join a two-day, pop-up accelerator program delivered by the 1776 CEO, industry partners, such as IDB, Philips, and AWS, and other key executives.
The event will be held at Kenya National Theater, Harry Thuku Road, Nairobi, this Thursday from 6pm.
The list of this year’s competitors and judges is available here.
1776 is a global incubator and seed fund that uncovers promising highly-scalable startups focused on solving the world’s most fundamental challenges and helps engineer their success. 1776 focuses on startups in the most broken, entrenched industries and sectors that impact millions of lives every day – specifically education, energy, health and cities. From its headquarters in Washington, D.C., it is sparking a global movement of high-growth startups driving meaningful innovation through its Challenge Cup and Startup Federation, the premiere network of incubators throughout the world.