Story image

AU$1mil on the table in APAC startup pitching competition

22 May 18

Australian entrepreneur community and startup conference StartCon, backed by Australian venture capital firm Right Click Capital, has announced the launch of its “Pitch for $1 Million” competition.

The Asia-Pacific region pitch competition will bring together over 600 startups and 400 leading investors from 15 cities, across a series of one-day events in each city.

The “Pitch for $1 Million” Principal Partner Right Click Capital will be offering the winning startup AU$1 million in funding.

The funds will be used to support the winner to further develop its proprietary technologies, bolster its team’s talent, as well as scale and expand its business operations globally.

Right Click Capital partner Benjamin Chong says, “We’re excited to partner with StartCon, Australia’s largest startup conference and entrepreneur community, and look forward to helping the local startup ecosystem level the playing field with its US-based counterpart.

“There is such great talent in the Asia-Pacific region, and we cannot wait to contribute our specialist experience to support early-stage companies and enable them to scale and expand globally.”

Chong says, “As the principal partner, we are committed to the success of the initiative and will give the winner the opportunity to tap into our partnership with the Draper Venture Network, opening the door for it to draw on in-depth operational and expansion experiences.”

StartCon CEO Cheryl Mack says, “Following our long-standing success with StartCon, I’m really pleased to offer local founders the opportunity to showcase their businesses to the rest of the world.

“We’re giving them that stage through “Pitch for $1 Million”, as well as a financial boost with the help of Right Click Capital.”

This is the ninth year the startup pitch competition has been running, following previous years’ success stories, which include Checkbox and Shippit.

Regional winners from each city will receive flights and accommodation to StartCon 2018 where they’ll get a chance to pitch in front of 4,000 people.

The winning startup will be announced in Sydney, Australia on December 1, 2018, during the StartCon conference.

The “Pitch for $1 Million” regional final events will bring together startup founders, investors and other players from each local startup ecosystem, and will be held in the following cities:

  • Singapore - 17 August 2018, at Sofitel City Centre
  • New Zealand - TBD
  • Suva, Fiji - TBD
  • Guangzhou, China - TBD
  • Chennai, India - TBD
  • Manila, Philippines - TBD
  • ● Australia
  • Adelaide - 7 September 2018 at Pullman Adelaide
  • Brisbane - 5 October 2018 at Sofitel Brisbane Central
  • Darwin - TBD
  • Hobart - TBD
  • Melbourne - 12 October 2018 at TBC
  • Perth – TBD
  • Sydney - 30 November 2018 at Royal Randwick Racecourse (StartCon 2018,
  • Day 1)
  • Regional NSW -TBD o Regional VIC – TBD
  • APAC Grand Final - 1 December 2018 at Royal Randwick Racecourse (StartCon 2018, Day 2)

Startups who are not able to attend one of these regional events will also have the chance to submit their pitch via video.

Four major business risks you should watch out for
"It’s essential for businesses to monitor human behaviour, and apply and enforce policies consistently. The alternative is to lose large amounts of unrecoverable money as a result of people’s actions."
Government still stuck in the past? Not on GovTech's watch
What exactly is GovTech and what’s been happening in our capital city?
Workday – who are they and what do they do?
We quickly summarise everything you need to know about the up and coming business software leader.
Xero weighs in on Fraud Awareness Week
Unfortunately the Xero Security team is all too aware of fraud. We see it affecting our customers and community as an almost daily event.  
"Is this for real?" The reality of fraud against New Zealanders
Is this for real? More often than not these days it can be hard to tell, and it’s okay to be a bit suspicious, especially when it comes to fraud.
Hands-on review: The iPhone Xs
The iPhone Xs is a win that brought numerous new and exciting features to the market.
MicroMaker3D's tiny 3D printing tech is 'game changing'
Imagine 3D printing things thinner and smaller than a human hair, and how they could be used in everything from sensors, electronics, wearables and meshes.
Three ways to improve mental health support in the workplace
“Instead of scrambling into action after a crisis, employers need to be more proactive in supporting employees."