IDCEE Startup Competition as one of the real tools to promote your business idea
“Internet startup” is a new hot trend very popular among modern entrepreneurs. From year to year, there are arising more and more promising projects with crazy business models, as well specialized conferences and competitions where participants can present their ideas and get noticed. These events always gather representatives from investment companies, VC funds, entrepreneurs, and business angels who are seeking for new products and services to invest in. Apart from offering a zillion networking opportunities, such events offer different prizes to startups:
- PR and advertising packages;
- passes to other similar events for startups.
Major Startup Competition in Central and Eastern Europe (CEE)
The rise of “startup culture” has resulted in numerous conferences in every corner of the world. Of course, all these events strive to attract the most promising and best startups. These events are usually targeted not only at their country, but also internationally. The IDCEE conference is the largest of its kind in Ukraine, and it’s one of the biggest in CEE. This prestigious event gathers the crowd of 2,500 people from all over the world (45 countries). October is marked in Kiev as a meeting point the leading IT investors, gurus and entrepreneurs, and of course the best startups and developers from the region and beyond. Last year, Startup Alley was showcasing more than 150 unique startups.
Other goal-points of startup competitions
Besides an obvious goal set by organizers (which is to provide startup with a chance to demo its venture and get investors’ attention, but not limited to:), there are some other reasons behind it:
- facilitate popularization and development of Internet as an industry;
- raise the level of trust towards web-commerce as a whole;
- contribute to the integration process of IT into various fields of economics.