underdogtechaward
@underdogTA
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Global prize for top tech startups outside major hubs, powered by inDrive. Winners announced!
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Gather up, fellow entrepreneurs, it’s time for the shortlist announcement! 🎉Meet the fantastic top 20 startups who got the most points from the VC analysts. Celebrate with us their amazing journey and check them out:
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Brave startup pioneer! Even far from Silicon Valley, you've got a squad! 🌟 Apply for
#UnderdogTechAward
:
🚀 Cash prizes, mentorship, PR. Even without trophy, you'll get VC feedback.
Apply via link
#TechStartups
#StartupOpportunity
#TechInnovation
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Thank you
@TheStartupsMag
for spreading the word about the incredible opportunity we're offering to women tech founders!
Applications are still open and ends on 1 December 2023.
#womenintech
#techfounders
#startup
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4. Each entrepreneur shortlisted will have access to the mentorship program.
5. The jury board arrives to express their views on the shortlisted businesses.
6. The Finale: announcement of the winners.
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Hey everyone! 🖖
Consider this post an announcement of the end of the open call. We congratulate all the participants! Below is what all the applications will go through in the coming months. Brace yourselves!
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It’s the Underdog Tech Award team, and there's no way we're congratulating you on the New Year.
It's too mainstream! Let’s be original and call it Wepet Renpet, like in Ancient Egypt.
Especially because modern-day Egypt was one of the countries where people applied for the
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We greet the lucky ones who successfully navigated the evaluation process and met all the criteria!
The applications qualified for the next step will soon be analyzed by VCs in the following month.
Eager to know who managed to progress to the next round? 🧐🔽
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Funnily enough, the winners' announcement is expected on April 1st. But seriously, can you be more excited to go through all these steps? Keep following our updates, to never miss it!
#startups
#founders
#opportunity
#poweredbyinDrive
#underdogtechaward
#underdogsmakechange
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Great news!
@inDrive
will invest $100M in startups across LatinAmerica, Middle East, Africa, Southeast & Central Asia helping them to scale quickly. Let's celebrate New Ventures launch, boosting growth in vibrant regions! 🎉
#indrive
#techinvestment
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Dear participants! Captain of Underdog Tech Award Airlines here. We're one step away from landing at the “Shortlist Announcement.” In exchange for your time, our team will provide you with clear explanations of the VC criteria behind the top 20. ✈️
#TechStartups
#StartupLife
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Thrilled to introduce our valued partners! 🚀Together, we aim to discover more future stars among startups far from Silicon Valley and empower them to shine brightly! Thank you so much for supporting us!
@AfriLabs
@DarenaVentures
@UncoveredFund
#Startupfounders
#Techcommunity
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1. Evaluation on formal criteria.
2. Scoring by VC analysts and valuable feedback on your applications.
3. Announcement of the shortlist of the most fascinating underdog businesses.
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There are a lot of superhero adventures where confronting injustice is the main driver of the storyline. That same reason is why our juror,
@ArsenTomsky
, founded
@inDrive
and his other projects, including Underdog Tech Awards 🚀💫 Intrigued? Read his story!!
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@tuconsejeriala
@BasimaAbd
@KESKco_
@RarusHealth
@Valifyme
@carlosGIA
@Nice_Numera
@AmosAmoskiani01
@TausiApp
@dentolize
@Caare27
10. Ashraf Bacheet
@ashrafbacheet
, co-founder & CEO of O7 Therapy
11. Royford Mutegi
@royford_mutegi
, co-founder and head of programs of Vermi-Farm Initiative
@vermifarmltd
12. Sadman Sadek
@SadekSadman
, founder of Digital Innovation for Impact.
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Dear founders, it is our pleasure to lead you through the process, and we’re very much looking forward to seeing which one of you entrepreneurs made it to the shortlist. The following is btw scheduled for February 1st, 2024.
So fasten your seatbelts; we are about to land safely!
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Some people believe that naming a business award “The Underdog” may scare potential participants.
You know, “money goes hand in hand with the mainstream” and yada yada yada.🥱
To prove that we were in good health when naming our award, we made this thread↘️↘️↘️
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Great news!
@InDrive
will invest $100M in startups across Latin America, the Middle East, Africa, Southeast & Central Asia helping them to scale quickly. Let's celebrate the New Ventures launch, boosting growth in vibrant regions!🎉
#globalgrowth
#tech
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72 is how many countries have strong yet underestimated startups participating in the race.
And we’re so happy you guys will be seen after the Award!
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Underdog Tech Award is an international prize for the best tech startups outside big tech hubs and communities, powered by inDrive. The open call starts on September 19.
#TechInnovation
#Entrepreneurship
#Founders
#Startups
#Opportunity
#startupnews
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The qualifiers who progressed to the 2nd round are businesses that:
1. Were founded not earlier than the last 5 years.
2. Have an MVP.
3. Haven’t raised investments larger than the seed of $4M.
4. Have never participated in any international conferences.
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Calling all startup founders across the world!🌐 Last chance to apply for the Underdog Tech Award!
Deadline: November 28th.
Money prizes, VC’s feedback, mentorship, and PR await.
👉Apply via link
#UnderdogTechAward
#TechInnovation
#Entrepreneurship
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@ArsenTomsky
@inDrive
Prove
#3
😎 The resilience of the Award applicants is incredible.
One of our potential participants wrote in his application: “I’ve sold 6 companies in 18 years and bankrupted about 20 more.” And yet, he came up with another one, to keep the fight! Just, WOW!👏👏👏
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Do you know what it takes to make a good entrepreneur? A big fat failure! That's literally what a speaker at our Fail Party at the Web Summit, and the founder of Gameball,
@AhmedKhairy152
, thinks.
#TechStartups
#StartupLife
#TechInnovation
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@1Bpay
@ArsenTomsky
@inDrive
It's inspiring how you approach life with such a positive mindset, especially when dealing with financial challenges. You are truly an Underdog! And one thing that is common among the Underdogs is turning LIMITATION to STRENGTH.
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Prove
#1
😎 Our super-successful parent company was once an underdog, too.
@ArsenTomsky
, a jury member of the Underdog Tech Award and founder of its parent company
@inDrive
, started the latter as a brand few believed would become an international unicorn.
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The Award is not about winning but supporting talented entrepreneurs. Today, we will prove to you why being in the shortlist is cool and validating. >>>
#TechStartups
#startuplife
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There are many deserving participants, but rules are rules.
The criteria help us identify businesses with viability, ensuring that the Underdog Tech Award can lend a hand to worthy yet underrepresented ones. So, if you weren’t lucky enough this time, try to reapply next
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@ArsenTomsky
@inDrive
Prove
#4
😎 We give a chance to underprivileged people.
We have nothing against privilege, but this award wasn’t designed for it. “One of the applicants graduated from Eton, lives in London, and claims to be an underdog.
We turned such individuals away.”
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Regardless of your success in the competition, you were sent letters about it.
In case you missed it, the problem could be that we didn’t have your correct email address.
Please contact us directly via underdog
@underdogtechaward
.com Take care!
#TechStartups
#StartupLife
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Greetings to the genuine industry drivers (in random order):
1. Victor Juarez, founder of Tu Consejeria
@tuconsejeriala
2. Basima Abdulrahman
@BasimaAbd
, founder & CEO of KESK
@KESKco_
3. Elmira Safarova, founder & CEO of
@RarusHealth
.
#UnderdogTechAwardfinalists2024
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What are the other ones? We’ll walk you through the ultimate 2023 numbers!
446 is the number of applications received, but only 294 of them fit the formal criteria.
294 is the number of underdog startup founders who will compete for the money prize!
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6. Product-market fit
7. Go-to-market strategy. Do you have a plan?
8. Team potential. We love serial entrepreneurs!
9. Social impact and a mission-driven founder. That’s how we revolutionize the industry!
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Each application was reviewed at least by three VCs. They decided on which pitch deck points were stronger, which ones have room for improvement. By the time you’re reading this post the feedback must have already been sent to you. Check-check-check.
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@ArsenTomsky
@inDrive
Prove
#2
😎 Underdog = Original, profitable.
“It's the dark horse that nobody believes in, yet it breaks through,” says EkaterinaSmirnova, who has been working at inDrive and then became the Head of its child project, the Underdog Tech Award.
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@ArsenTomsky
@inDrive
That’s it, folks!
Finally, a little question for you: do you consider yourself an underdog in any part of your life? We would love to hear your arguments in the replies to this thread ↘️
#TechStartups
#StartupLife
#TechInnovation
#StartupFounder
#TechCommunity
#DiversityInTech
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@tuconsejeriala
@BasimaAbd
@KESKco_
@RarusHealth
@Valifyme
@carlosGIA
@Nice_Numera
@AmosAmoskiani01
@TausiApp
@dentolize
@Caare27
@ashrafbacheet
@royford_mutegi
@vermifarmltd
@SadekSadman
13. Akhlad Mohamed Alabhar, founder & CEO of Egrobots.
14. Julian Garcia, co-founder of Wiolit.
15. Biplab Karki
@beeplovekarki
, founder & CEO of Hyperce LLC
@hyperce_io
16. Mohamed Tarek, co-founder of P-vita.
#UnderdogTechAwardfinalists2024
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The top 6 countries that had the most gems are: the aforementioned Egypt (47 applications), Kenya (30), Kazakhstan (25), United Republic of Tanzania (26), Nigeria (18), and Malaysia (10).
Yes, it’s the top 6; we’re being original 😎.
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10. Underdog spirit. If you've gone through challenges and still persist, we value that. If you haven’t checked your privilege, we’ll do it for you.
End of the list. And before we proceed, there’s something else:
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2. Potential market size.
3. Scalability (determined by the technology)
4. Ability to generate profit (especially if they already have some).
5. Unique competitive advantage. Can you make it better or cheaper than others?
*coughing*
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Are you excited by this approach? It’s something that helps our team make the best decisions towards the participants! Follow us and be the first to know who made it to the shortlist of the Underdog Tech Award.
#startups
#opportunity
#underdogfounders
#entrepreneurs
#tech
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“‘If you find yourself saying, ‘if we build it, people will buy it,’ stop and conduct market research before you hurt yourself,” says Fatma Nasujo, our jury member.
#startups
#opportunity
#underdogfounders
#entrepreneurs
#tech
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Join
@DriesSmit
VP of New Ventures at inDrive at the Web Summit as he shares insights on why it is essential to reflect on your missteps.
Date: Nov 15
Time: 16:00
Check the link below for more information
#WebSummit
#Libson
#Websummit2023
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@tuconsejeriala
@BasimaAbd
@KESKco_
@RarusHealth
4. Omar Ahmed Abdelwahed, co-founder & CEO of Valify, and Ibrahim Karim Eid, co-founder & COO of Valify
@Valifyme
.
5.Carlos Andrés García Iguarán
@carlosGIA
, co-founder of Numera
@Nice_Numera
.
#UnderdogTechAwardfinalists2024
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Coming from the coldest city in the world, Yakutsk, Arsen wanted to help his region survive. He started a news outlet that supported arts and aided in the fight against corruption. Years later, he founded a service that helped drivers and passengers reach a fair deal.
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@tuconsejeriala
@BasimaAbd
@KESKco_
@RarusHealth
@Valifyme
@carlosGIA
@Nice_Numera
@AmosAmoskiani01
@TausiApp
@dentolize
@Caare27
@ashrafbacheet
@royford_mutegi
@vermifarmltd
@SadekSadman
@beeplovekarki
@hyperce_io
@F_castaneda
@SaulPaniagua8
Each of these individuals is among the most inspiring and charismatic people you could ever meet. We can't wait to see who makes it to the prize positions! 🚀💫
#UnderdogTechAwardfinalists2024
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@tuconsejeriala
@BasimaAbd
@KESKco_
@RarusHealth
@Valifyme
@carlosGIA
@Nice_Numera
6. Amos Muthoni Kimani
@AmosAmoskiani01
, co-founder & CEO of
@TausiApp
.
7. Mostafa Dawoud, co-founder & CEO of
@dentolize
.
8. Roikhanatun Nafi'ah, founder & CEO of Crustea.
9. Chandramouli Samatham, founder of Caare Healthtech Services
@Caare27
#UnderdogTechAwardfinalists2024
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Greetings to the genuine industry drivers (in random order):
1. Victor Juarez, founder of Tu Consejeria
@tuconsejeriala
2. Basima Abdulrahman
@BasimaAbd
, founder & CEO of KESK
@KESKco_
3. Elmira Safarova, founder & CEO of Rarus Health.
#UnderdogTechAwardfinalists2024
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Вelow you will find the criteria for entering the shortlist.
1. Leadership skills.
This one focuses on the entrepreneur’s personality. The rest are about their startups >>>
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@tuconsejeriala
@BasimaAbd
@KESKco_
@RarusHealth
@Valifyme
@carlosGIA
@Nice_Numera
@AmosAmoskiani01
@TausiApp
@dentolize
@Caare27
@ashrafbacheet
@royford_mutegi
@vermifarmltd
@SadekSadman
@beeplovekarki
@hyperce_io
17. Felipe Castañeda
@f_castaneda
, founder & CEO of GLIBER.
18. Constantine Fedoseev, co-founder & CEO of Visionary.
19. Abdelrahman Rashwan, founder & product of Credify.
20. Saúl Paniagua-Lapenta
@SaulPaniagua8
, co-founder & CCO of VAKA.
#UnderdogTechAwardfinalists2024
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Now, we really can’t wait for the shortlist of
#UnderdogTechAward
to be announced!
It will happen in February 2024, so keep your hand on the pulse.
And, before that, happy Wepet Renpet, everyone!
#TechStartups
#StartupLife
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@inDrive
Do you think you can make it to the shortlist? Hold on to our socials, and you’ll figure it out soon! 😎
#TechInnovation
#StartupFounder
#TechCommunity
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Once the company monthly users exceeded 3M, the startup team decided to use AI for content moderation against scams. They expected AI to speed up the process while maintaining quality at a similar cost.
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@tuconsejeriala
@BasimaAbd
@KESKco_
@Valifyme
@carlosGIA
@Nice_Numera
6. Amos Muthoni Kimani
@AmosAmoskiani01
, co-founder & CEO of
@TausiApp
.
7. Mostafa Dawoud, co-founder & CEO of
@dentolize
.
8. Roikhanatun Nafi'ah, founder & CEO of Crustea.
9. Chandramouli Samatham, founder of Caare Healthtech Services
@Caare27
#UnderdogTechAwardfinalists2024
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