A startup competition will be launched in the third year of the project (likely on February 2020).
The competition will be designed to give cultural and creative entrepreneurs a real-world experience to fine tune their business plans and elevator pitches to generate funding for successful commercialization of their product. A pool of judges will evaluate the teams soliciting start-ups funds from crowdfunding platforms, early stage investors and venture capital firms. Awards and prizes will include the chance to receive mentoring from experienced entrepreneurs,businesses coaches and investors; opportunities to launch initiatives on a crowdfunding platform, networking with potential venture capitalists and other investors; high caliber of judges, all senior level investors, entrepreneurs andindustry leaders; opportunities to receive individual feedback during separate sessions.
(November 2019 – February 2020)
CLIC partners appointed persons and potential businesspartners and investors, will review all online applications and will pre-select 10 startups. The 10 pre-selected startups will be invited to submit a business plan idea (May 2020).
(likely in February 2020)
The 10 startups pre-selected will pitch their project by skype or video session in front of the selecting committee who will select only the 5 winners on the basis of the pitch and of the business plan idea.
The Selecting Committee will evaluate each idea based on the following criteria: