JUMPSTARTER is a not-for-profit initiative curated by Alibaba Entrepreneurs Fund that provides a platform for all entrepreneurs and young people to jump-start their dreams in Hong Kong. It is also a first-of-its-kind startup event focused exclusively on showcasing quality startups and providing high-impact networking opportunities. Their goal is to build, empower and boost Hong Kong’s startup ecosystem and entrepreneurship by bringing entrepreneurs, corporates, investors, and the public together, helping to transform Hong Kong into a leading hub for global innovation and technology.
Startups come to the JUMPSTARTER platform to pitch their business ideas, network with potential corporates and investors, and get advice from top-notch industry experts.
Startups can apply in the global pitch competition to take their startup to the next level. Startups can
- Pitch to top investors & corporates
- Win a share of up to US$5 million investment and HK$1 million cash
- Gain global recognition & media exposure
- Connect with Alibaba ecosystem
- Gain free exhibition opportunity
- Sponsored travel to HK for the Grand Finale
JUMPSTARTER 2023 is open to startups from all around the world that fulfill the following requirements:
- Applicant must be the Founder or Co-founder of the startup.
- The startup is ideation-stage or early-stage or growth stage. The business has been operational for less than 5 years.
- Startups must have raised less than US$20 million in funding to date.
- The startup must possess an innovative business idea or product or service, and demonstrate how your innovation and technology has impacted their business, their industry, and the people.
- The startup must desire to make Hong Kong and/or other cities in the GBA be part their future plans.
Applicants can
- be the world champion of JUMPSTARTER
- connect Alibaba and explore Asia
Criteria for judging
- 20% Innovation and Industrial Disruption
- 20% for market potential, business model, and scalability
- 20% Traction and Future Development Plan
- Team Strength and Background – 15%
- 10% impact
Location:
OnlineBenefits
- Opportunity to Pitch to Renowned Judges
- Exposure to Top Investors and Corporates
- Basic Brand Exposure on JUMPSTARTER Website (name and link)
- Enhanced Brand Exposure on JUMPSTARTER Website (name, logo, link, profile, video feature) and Social Media Channel
- Mentorship
- Sponsored Travel to Grand Finale in Hong Kong
- Designated Grand Finale Booth
- On-Stage Final Pitch at Grand Finale
- Top Investor Meeting Line-Up
- Up to US$5 million investment and HK$1 million cash (Top 30 finalists have the opportunity to share an investment pool of up to US$5 million and a cash prize pool of HK$1 million)
- HK$300,000 Cash Award
Eligibilities
- Applicant must be the Founder or Co-founder of the startup.
- The startup is ideation-stage or early-stage or growth stage. The business has been operational for less than 5 years.
- Startups must have raised less than US$20 million in funding to date.
- The startup must possess an innovative business idea or product or service, and demonstrate how your innovation and technology has impacted their business, their industry, and the people.
- The startup must desire to make Hong Kong and/or other cities in the GBA be part their future plans.
Application Process
- log in/sign up in JUMPSTARTER
- Enroll
- Fill in all mandatory fields with asterisk (*)
- Upload your 15-slide business proposal (BP) and share a 1-2 min video introduction.
- Click “submit” to complete your application. The application process bar will show that your application is successfully submitted.
Application Deadline: May 14, 2023
Application ClosedOfficial link
