Three national start-ups are among the 100 finalists of the World Cup of Entrepreneurs in Saudi Arabia, an event that had its first edition in 2019, and this year the winners will be chosen between March 9 and 12.
One hundred startups from around the world will compete for a share of $1 million in the global finals of the Entrepreneurship World Championship (EWC), which will take place between March 9 to 12 in Biban 2023, Saudi Arabia, and among them are three innovative Argentinian start-ups.
The World Entrepreneurship Championship, sponsored by the Global Entrepreneurship Network and the General Authority for Small and Medium Enterprises in Saudi Arabia, Monsha'at, is one of the largest introductory competitions and support programs for startup founders. Every year, entrepreneurs compete for a share of a million dollars in prizes, as well as several million in investments, support and publicity.
The first edition of the cup was held in 2019, and a total of 400,000 entries from 200 countries have been added in all these years. The 100 finalists for the 2023 edition, known as the EWC 100, were selected after success in competitions and qualifying activities around the world. The top 250 companies are invited to participate in a three-day boot camp, and 100 are selected to participate in the global final.
"These companies and their founders blew us away at every stage of the competition," he said. Jonathan Ortmans, president of the Global Entrepreneurship Network. "They are on their way to changing lives with innovative solutions to the world's most pressing challenges."
Besides competing for top prize of $300,000startups will also compete in specialized categories based on sector (including technology, space, sustainability and environment) and impact (including social impact, SDGs and women-led businesses).
Which three Argentinian companies are the finalists
Of this year's 100 finalists, 20 are from South America, the second region with the most participants after Europe, which has 28 representatives. In the region, Chile is the country with the largest number of selected companies, with 5 start-ups, followed by Brazil and Argentina with 3. Uruguay has a company in the final.
The Argentinian champions emerged victorious from a group of 10 national finalists selected from more than 500 contestants who applied from across the country. The three Argentines are:
nervous
It is a platform that enables independent workers to access benefits, employment opportunities and advice, for example, to rent, open a bank account or buy a bicycle. It was founded in 2018 in Córdona by a labor lawyer, Diego Amondaray and his wife Laura Moroni after learning the story of a Venezuelan immigrant Uber driver who didn't know how to navigate Argentina.
Nippy was to receive capital from Glov, before this company was sold to Delivery Hero. In addition, he already participated in the second edition of the World Cup of Entrepreneurs.
hydroplus
Did Axel Córdoba in Neuquén, this company improves the ability to retain water in the soil and its nutrient content, reducing the frequency of irrigation and water consumption by up to 50%. Hydroplus is a granulated powder, environmentally friendly, with a shelf life of up to 5 years. It hydrates with rainwater or irrigation, absorbing up to 80 times its weight in water, allowing it to be available when the plant needs it.
selectivity
Also from Córdoba, this start-up he founded Jonathan Gubspun makes fertility treatment accessible to everyone, everywhere. with youpatented technology, have developed two medical devices that allow any gynecologist to perform the treatment in their office without any further requirements (sperm selection device) and individuals to comfortably perform intrauterine insemination treatment at home (the first home intrauterine insemination device).
Source: Cronista
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
