MILLION DOLLAR CHALLENGE

It's a Wrap

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Meet Our Winners 

Agritech

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EmergeTech

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FinTech

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ISRAEL

Tel Aviv

That's a Wrap

Hong Kong

That's a Wrap

FRANCE

Paris

That's a Wrap

UK

London

That's a Wrap

INDIA

Bangalore

That's a Wrap

Jury

Mobility Director @Ford
Director @Innov8 VC
CEO @Qodeo
Principle @Finch Capital
@Breega
Dealflow Manager @Startup Funding Club
Managing Partner @Reimagine Ventures
Managing Director @Lear
Partner @Idinvest
Ventures & Partnerships @Visa
Director @Tyco
Managing Director @Ibex Israel
Chief Digital Officer @Suez
Innovation Partnerships Manager @Bosch
General Partner @Lool Ventures
Executive Director @Prisma
Corporate Development @Hutchison Kinrot
Investment Director @Truffle
Founding Partner @demtr
Founding Partner @ 8Point
Co-Founder @Asia FinTech Angels
Co-Founder @CoCoon
Managing Director @Inventus (India) Advisors
@Stellaris Venture Partners
Show More
 

Participation

When?

The global event will take place on October 22-26th, 2018 after the local roadshows which are planned from September 16th to October 10th, 2018.

Where?

Prior to the global event in Vizag, roadshows will be held around the world in key cities including Tel Aviv, London, Paris, Hong Kong, Bangalore, and the US and finalists of each city would be given a chance to present on the Demo day in Vizag

Who?

We are inviting applications from startups in the following tracks – FinTech, AgriTech and EmergeTech Space.

Why?

  • Access to VCs and US Enterprises to pitch your story

  • Exhibit in the startup expo at the conference

  • A five-minute video featuring the finalist or winner will be uploaded to the website for public viewing

  • Market access to customers from partner financial institutions

  • Guided support from key industry experts, specialist in VC community

  • Demo day to show the startups progress to corporates, investors and FinTech networks

Tracks

Precision Agriculture

IOT Applications in Agriculture

Big Data and Analytics

Predictive Maintenance

Drone Applications in Agriculture

Affordable Energy Storage

Supply Chain and Logistics

Artificial Intelligence

Blockchain

Cyber Security

Drone Tech

GovTech

HealthTech

Robotic Tech

Fintech

Agritech

Emergetech

BankTech

Financial Inclusion

InsurTech

RegTech

Prize for each track

$150K

As first prize

As second prize

$100K

$10K

Award for 25 finalists

 
 
 

Partners

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If you want to become a sponsor of Million Dollar Challenge, please contact us!

What is the Million Dollar challenge?


Million Dollar Challenge is a part of Vizag Fintech Festival organized by Fintech Valley Vizag in India, to enable startups to showcase their solutions and get a chance to win up to $1M in funding and setup their office in Vizag. Applications are invited from startups in the following tracks: Fintech, Agritech and Emerge-tech.




Who can register?


Any individual who is the co-founder, CTO or the authorized representative of a technology startup within the suggested tracks can register his company.




What will I get?


  • The opportunity to set up your office in Vizag after the event
  • The finalists will present their company during the Demo day and the final judging will be done at the event to select the winners




How much do I need to pay for participation?


There is no fee for applying to the $1M Challenge. We do not provide travel reimbursement to the participants selected for the roadshows. However, the finalists of each roadshow will get $10,000 to attend the conference and present during the Demo day at Vizag.




What would happen at the Roadshows?


We are conducting Roadshows globally so that Startups can pitch and showcase their products in front of panel of corporate partners and investors. Roadshows will be conducted globally in 8 locations including London, Paris, Tel-Aviv, Hong Kong, Bangalore, San Francisco, Chicago and New York. Selected Startups will be invited to present at the Roadshows. Startups that are not able to present at the Roadshows for any reason can still be selected as a Finalist based on their online applications.




What will happen on the Demo Day?


Demo Day for finalists will be conducted on 25th Oct, 2018 at Vizag. On the Demo Day, 25 selected Finalists will pitch their startup to win the Final Award and Prize Money.




Who will be judge and how will be scored the presentations?


All information about the judges, their associations, the scoring patterns, and information related to the selection process will be held confidential. Each judge will work independently and will not know the scores or identities of the other judges. Judges are selected by invitation only.




When and where the Awards ceremony will take place?


The Awards ceremony will be held during the Vizag Fintech Festival on Oct 25th, 2018.




Where can I find the Rules and Regulations?


Please click on this link: https://www.vizagfintechfestival.com/pdf/rules.pdf




What is an Application Screening?


  • Each startup will be scored on business model, IP, team and willingness to setup their office in Vizag post the event.
  • The finalist will do presentations on the demo day and the final judging will be done at the event to select the best winners.




Are there any requirements for winning startups?


Startups winning the challenge must set up an office in the Vizag region to claim their prize and properly enter the Indian market.





FAQs

 

Organizers

The Vizag Fintech Festival is a five day conference will host an exclusive group of leading corporates, startups, academia and regulators from around the globe to explore how these technologies will impact the future,  Andhra Pradesh Region in India’s flagship initiative to innovate, co-create and build the startup ecosystem.

DCF Ventures is India’s first “Innovation as a Service” provider working with corporates and governments to help shape their innovation strategy, run open innovation programs and access disruptive startups in India, Israel, Germany and Asia.

Axis Innovation is a boutique advisory firm based in Tel Aviv, Israel, globally connecting investors and corporations with the best technology startups.

 

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