Edinburgh-based events organiser FutureX has announced the launch of a new international competition for ‘purpose-driven’ businesses.
The new Impact Summit competition aims to showcase and support entrepreneurs that are “changing the world for the better”, with a particular focus placed on startups that are making a positive impact on the people, communities or environment around them.
The final of the competition, held at FutureX’s Impact Summit on 19th and 20th May, will see entrants pitch virtually in front of more than 1,000 attendees.
The competition’s top prize is a business support package of over £20,000, including a free place on FutureX’s Silicon Valley Programme.
Each year, FutureX accepts a cohort of rising tech leaders on their Silicon Valley Programme, where they are given the opportunity to connect with some of the global players in the tech industry and pitch to potential investors.
In previous years, delegates have met with leaders from brands including Google and Facebook and investors including DFJ Ventures, Y-Combinator, Silicon Valley Bank and Rocketspace.
Alumni from the Silicon Valley programme have gone on to raise over £40M in investment.
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Zoi Kantounatou, Co-founder and CFO of FutureX, said: “The movement of social, sustainable and ethical businesses is an unstoppable force that is growing with pace every year.
“The Impact Summit competition is an opportunity for us to shine the spotlight on entrepreneurs from across the world who are tackling global challenges head on.”
Applications to the competition are now open and will close on 14th March.
For more details and information on how to apply for the Impact Summit competition, please visit www.impact-summit.org.