G-Startup Worldwide is excited to announce that we have partnered with GDP Venture, Kejora Ventures, FbStart and Sequoia Capital to find high potential startups at GMIC Jakarta and to invest at least $150,000 into the first place winner ($50,000 from our GWC Innovator Fund, $50,000 from GDP Venture, and $50,000 from Kejora Ventures)!
15 startups will be chosen to pitch on stage to investors and hundreds of tech leaders in the audience at GMIC Jakarta on September 26, 2017. The first place winner will receive a $150,000 investment and a free trip to Silicon Valley to compete in the G-Startup Worldwide Global Finals for an additional $250,000 investment.
“GDP Venture is proud to announce that we will be investing $50,000 USD in the first place winner of G-Startup Jakarta. We have enjoyed working with GWC since 2012 and have seen so many awesome startups from G-Startup. This year, we wanted to play an active part in the competition. As a venture builder, we want to help drive the success of the startup community in Indonesia so a partnership with G-Startup was very natural,” says Danny Oei Wirianto of GDP Venture.
“It has been a pleasure partnering with GMIC since it was first held in Indonesia in 2015, and last year we partnered with G-Startup to bring the competition to Jakarta. Having seen G-Startup’s ability to attract the best founders around the world and the top tier investors, we knew that we had to leverage this platform to enable rising startups in Indonesia and Southeast Asia. Kejora is excited to co-invest $50,000 in the first place winner.” Andy Zain, Kejora Partner.
All 15 chosen startups will also be accepted into Facebook’s FbStart program, which provides benefits like ad credits, partner services and mentorship from Facebook’s product managers and engineers for startups that have an app or messenger bot. FbStart will also provide $5,000 in ad credits to the G-Startup Jakarta winner.
Andy Zain, Founding Partner, Kejora Ventures
Danny Oei Wirianto, CMO, GDP Venture
Peng T. Ong, Managing Director, Monk’s Hill Ventures
Jeff Paine, Founding Partner, Golden Gate Ventures
Barrett Parkman, Partner, GWC Innovator Fund
Adrian Li, Founding and Managing Partner, Convergence Ventures
Khailee Ng, Managing Partner, 500 Startups
Since 2010, G-Startup alumni have raised $11.6 Billion in aggregate. Alumni have also been acquired by tech giants like Google, Amazon, Alibaba, Apple and Pinterest. Are you the next Didi Kuaidi or App Annie? Join the roster of successful companies who have been through G-Startup Worldwide. The startups that are accepted will have an amazing opportunity to take their business to the next level, receive advice from seasoned investors and have the opportunity to raise capital! Are you ready to pitch your startup to Southeast Asia’s top VC’s and hundreds of attendees? High potential, early stage startups (<$2m raised) from any country can apply by August 20.
Special thanks to our Global Startup Enablers, Facebook’s Fb Start and Sequoia Capital. Also, we’d like to express our gratitude to our strategic partners, GDP Venture and Kejora Ventures. With their support, we are able to help build startup ecosystems around the globe and help enable startups to change the world!
About G-Startup Worldwide
G-Startup Worldwide is a global startup competition held around the world to find high-potential, early stage startups, invest in them, support them with a global network and enable them to change the world. The G-Startup Worldwide program invests over $1,000,000 in startups annually. G-Startup Worldwide is hosted at each Global Mobile Internet Conference (GMIC) in 2017 including Beijing, Bangalore, Tel Aviv, Mexico City, Tokyo, Jakarta, Sao Paulo, Seoul, Hong Kong and Silicon Valley. The local winners of G-Startup Worldwide at selected competitions receive investment. The winner also receives a free trip to Silicon Valley to compete to become the G-Startup Worldwide Global Winner and receive an additional $250,000 investment! All regional winners have the opportunity to automatically be admitted to Facebook’s FbStart program and a boot camp with Google Launchpad Accelerator. Any eligible startup from around the world may apply here.
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