• Thursday, May 26th, 2011
Search for 50 Startups with High-Growth Potential Begins with Launch of 2011 Startup Open Competition
Promising young companies with a ‘startup moment’ can vie for recognition and prizes announced during Global Entrepreneurship Week
Startup Open, a competition that recognizes startups with high-growth potential, has launched its search for the 50 most promising new startups around the world as part of Global Entrepreneurship Week (GEW) 2011. The “GEW 50″ will be announced on Oct. 15, 2011, with those companies then competing for the top honors and prizes.Startup Open is a featured competition of GEW, an initiative founded by the Kauffman Foundation to spur new ideas, ingenuity, and firm creation through local, national, and global activities in more than 100 countries. The competition, now in its second year, is open to entrepreneurs who have a “startup moment” between GEW 2010 and GEW 2011 (Nov. 22, 2010 to Nov. 20, 2011). A startup moment is defined as any action related to launching a new business, such as incorporating a company; officially opening the doors for business; completing a first sale; or securing outside funding.
Startup Open applicants will be judged on concept, growth projections, and knowledge of their industry. A handful of companies winning the top honors and prizes will be announced on Nov. 14 as GEW 2011 gets underway.
Startup Open applicants will have until Sept. 15 to submit their startup moment. For more information on how to enter and the 2010 winners, please visit www.startupopen.com.