Conclusions based on the outcome of the Seedstars 2019 finals.
Seedstars World is a startups competition for emerging economies. But it’s not just a competition, the final summit of the previous year was held on April 2019 in Lausanne and included panel discussions and reports on the most burning questions.
For example, more than 400 investors, officials, innovators and heads of partner companies discussed healthcare, agriculture, education, energy, and finance.
But the main thing for the most inquiring minds gather in Switzerland for is the final startups pitching. More than 70 projects from all over the world struggle for equity investments of up to $ 1 million.
According to the competitors, the Seedstars platform is well suited for a mentor and investor search, access to them is open throughout the forum. But the project must solve large-scale problems, even if the first stage involves a solution at the local level to impress mentors and investors not only on the pitch but also behind the scenes.
Striking examples:
Argentinean startup Blended won the competition and got $ 500,000. This is a service for sharing aggregated data between an educational institution and students' families. Information about academic performance, behavior, school events, a virtual classroom for conducting online lessons and exchanging teaching materials, a task manager for teachers and administrators, a group messenger, study reports for students and much more — these are what made the Blended platform the most popular school program in Argentina.
YNMO from Saudi Arabia got The Seedstars Public Prize by Vaud. It was created for developing and tracking individual treatment plans for people with disabilities. These plans are available to organizations involved in their implementation like schools, rehabilitation centers, and clinics.
South African startup Iyeza won the Vaccine Delivery Challenge awarded by the Bill and Melinda Gates Foundation Prize. The project is engaged in the delivery of medicines on bicycles throughout the country.
The same fund awarded the Seedstars Malaria Challenge to Medsaf platform, which connects pharmacies and hospitals with safe and cost-effective medicines in Nigeria.
7keema was awarded the Rising Tide Foundation Empowerment Prize. It is the first on-demand home nursing service of its kind from Egypt.
As a reward, these and some other startups were granted with access to the Seedstars Investment Readiness Program, which provides participants with up to $500,000 in investment for a modernized, non-time-bound curriculum.