Tech For Good Startups Compete for £220k Startup Summit Prize

Startup Summit Competition

The overall winner will receive a business support prize package worth more than £220,000, including a fully-funded spot on FutureX’s Silicon Valley Accelerate programme.

Three prominent tech for good entrepreneurs have been selected for the Startup Summit Competition final, set to take place on 30th October.

The three entrepreneurs, which include Daniel Winterstein (Good-Loop), Pasquale Saviano (Photocert) and Dr Elizabeth Fairley (Talking Medicines), will compete for a top prize worth more than £220,000 in front of 1,000 attendees at this year’s Startup Summit.

Judges from FutureX, Dentsu Aegis Network and Johnston Carmichael selected the trio to progress from the semi-finals on 24th September.

Richard Gill, semi-final judge and managing partner at Dentsu Aegis Network, commented: “All of the companies who made the shortlist demonstrated a belief that they can solve major real-world problems through the effective use of data and technology. The finalists proved that they have real clarity of thought on how they will execute their business plans.”

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Shaun Millican, partner & head of technology at Johnston Carmichael, added: “The quality of propositions was consistently high, and all of the companies showed ambition to solve significant challenges through innovative technological solutions and to build businesses of scale.”

The contestants come from a wide range of backgrounds, spanning industries such as healthcare, advertising and communication. Good-Loop, which has offices in Edinburgh and London, helps turn advertising money into funding for charitable causes while Photocert’s software monitors the validity of pictures and videos.

Talking Medicines brings medicines to life and provides detailed insights into how patients take their medications. Talking Medicines’ Medsmart App ensures medicines are taken at the right time, in the right way and for the correct duration.

In May this year, the health tech startup secured its first institutional investment as part of a funding round worth £622,000.

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The overall winner of the Startup Summit Competition will receive a fully-funded place on FutureX’s Silicon Valley Accelerate 2020 programme, as well as a business support package worth more than £220,000.

The programme takes a select group of rising UK tech leaders to Silicon Valley and offers the chance to connect with some of the global tech industry’s top figures and investors.

Previous cohorts have met with executives from Airbnb, Facebook, SurveyMonkey and Y Combinator.

Zoi Kantounatou, co-founder of FutureX and semi-final judge, said: “With just one spot available on the Silicon Valley Accelerate programme, the competition is always intense – and this year’s applicants took it up a notch. The three tech for good finalists are vying for the change to learn from global tech leaders in Silicon Valley and the extensive business growth and recognition that opportunity presents.”



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18th October 2019

DIGIT Tech News Roundup: 18th of October 2019