STARTUP
AVENUE
COMPETITION
2024
Promoting an entrepreneurial culture to transform LatAm through innovation.
Our core belief: Entrepreneurs are the seed of innovation, and innovation is the key to development.
What we do: We create the appropriate conditions to promote the LatAm Startup Hub from Antigua Guatemala, helping startups in the region scale, to potentialize the impact in the region.
Why we do it: We believe deeply in the potential that LatAm has, and we know that the new and innovative ideas are the ones who are going to accelerate the process of transforming our region.
Are you an ambitious entrepreneur with a groundbreaking Startup idea? Are you looking for an opportunity to showcase your innovation, gain valuable exposure, and secure potential funding?
Startup Avenue is a Competition for aspiring entrepreneurs in Latin America. We aim to foster innovation, drive economic growth, and empower the next generation of Latin American Startups. Our mission is to connect talented entrepreneurs with industry experts, investors, and mentors who can help turn their ideas into reality.
WHY PARTICIPATE
COMPETE FOR A CHANCE TO SECURE US$100,000 INVESTMENT
Our competition offers a unique opportunity to unlock the full potential of your startup. Access an extensive network of industry mentors, receive valuable knowledge and feedback, and refine your business model.
UNLEASH
YOUR
POTENTIAL
Showcase your startup to a diverse audience of investors, industry leaders, and potential customers. Increase your visibility and build brand recognition, creating opportunities for future growth and partnerships.
GAIN
EXPOSURE
We have two amazing investment partners.
500 Startup will give up to US$5,000.00 in funding and
Side Door Ventures will give up to US$100,000 in funding to scale your Startup.
FUNDING
OPPORTU
NITIES
Benefit from 1 to 1 expert guidance and mentorship from seasoned entrepreneurs and experts who have successfully navigated the challenges of building a startup. Gain invaluable insights and advice to accelerate your growth.
MENTORSHIP
GROWTH
AND
SUPPORT
CATEGORIES
We welcome Startups from various industries and sectors from Latin America. Whether your focus is on technology, sustainability, healthcare, e-commerce, or any other innovative field, you are welcome to participate.
*CHOOSE YOUR CATEGORY DEPENDING ON YOUR REVENUE
01
BUSINESS
IDEA
Your Startup is in a very early stage but has a minimum viable product (MVP) in the market (or launching in less than 1 month).
a) Revenue: $0 to $1,000 in monthly revenue
b) Number of users (B2C): 0 to 1,000 active users
c) Number of clients (B2B): 0 to 5 paying clients
d) Capital raised: $0k to $50k in total funding
e) Team: you may or may not be working full time
02
SEED &
EARLY STAGE
Your Startup has a product in the market with some indications of finding product-market fit.
f) Revenue: $1,000 to $50,000 in monthly revenue
g) Number of users (B2C): 1,000 to 10,000 active users
h) Number of clients (B2B): 5 to 20 paying clients
i) Capital raised: $50k to $500k in total funding
j) Team: Your team is dedicated full-time to the business
03
GROWTH &
SCALABILITY
Your Startup has a robust product in the market and is focused on growth and scalability.
k) Revenue: $50,000 to $500,000 in monthly revenue
l) Number of users (B2C): 10,000 to 100,000 active users
m) Number of clients (B2B): 20 to 50 paying clients
n) Capital raised: $500k to a $1 million in total funding
o) Team: Your founding team is dedicated full-time to the business and has been able to hire key employees.
FAQ FOR THE STARTUP AVENUE COMPETITION 2024
If you have more questions please contact: startupavenue@volcanosummit.com
IN COLLABORATION WITH
