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Friday, 29.03.2024, 13:20
The Digital Freedom Festival and LatBAN announce an invitation to a startup competition
Photo by Gatis Gierts. |
Uldis Leiterts, Co-founder of the Digital Freedom Festival: “Startup Pitch is an ideal place for startups to test
their idea and ascertain that it is indeed brilliant and full of potential, or
on the contrary — to understand that further investment of time and energy will
not bring any benefit. Whereas for investors this is an opportunity to catch their
“golden fish” having a rapid growth potential and to release it from Latvian
lakes into international waters.”
Motivated startup
teams with a developed or almost developed product prototype are invited to
apply for the competition. Special attention will be paid to the marketing
strategy of the offered product or service.
Investors are also invited to apply for the Investment Sessios
Investors are also invited to apply for the LatBAN Investment Session to get in touch with promoters of projects having rapid growth potential, to make sure that the ideas are viable and that there are long-term growth prospects and to consider the possibility to make investment decisions.
Juris Birznieks, Founder and
Member of the Board of LatBAN: “During the Startup Pitch, investors will also
have an opportunity to assess international projects and to compare them with
Latvian startups in terms of quality and growth potential. The Pitch will also
provide an opportunity for investors to make investments in startups jointly
with foreign investors attending the event.
Rules of application
To apply for the
Investment Session, startups must fill in the application form for the November
Investment Session available on the international private investors platform gust.com until November 5. Finalists
will be announced on November 9. To participate in the final session of the
competition, the top 10 startups will be invited to purchase Digital Freedom Festival Startup Pass.
Investors are
invited to send their applications to [email protected].
The final session of the competition is free of charge for investors, but to
attend other events of the Digital
Freedom Festival they will need admission tickets.
The
Digital Freedom Festival is a
global technology, policy, startup and lifestyle festival, gathering 1300 new
technology and startup entrepreneurs, policy makers, investors, experts,
journalists and students from all over the world in Riga from the 28th to the
29th of November. The purpose of the event is discuss how
entrepreneurs, investors and policymakers can work together and utilize the
latest technologies to our benefit.
The conference is organised by the Digital Freedom Festival team as well as the reputation management company Lejiņa & Šleiers and NGO Nordic Reputation Hub. The festival's official bank is Norvik Banka.