CELEBRATE | November 13, 2019

From 100 to 10: Finalists Selected for Knockout and Spotlight Stages of Entrepreneurship World Cup

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RIYADH, SAUDI ARABIA – After two days of pitching, 100 startups have narrowed down to 10 finalists who will battle for a chance at top prizes in the Entrepreneurship World Cup. The 10 finalists (in alphabetical order) are:

Bambrew | India | Vaibhav Anant, Founder + CEO

Bambrew works to continuously innovate towards sustainability by curating a host of eco-friendly products made from bamboo, sugarcane and seaweed.

CiDi | China | Wei Ma, CEO

Changsha Intelligent Driving Research Institute (CiDi) is a platform for developing smart driving commercial vehicles and associated technology products.

Corumat | United States | Michael Waggoner, CEO

Corumat is the maker of packaging that is 100% plant based, compostable, insulating and up to 30 percent lower in cost than traditional technologies - with bioplastics that generate 60 percent less CO2 during production.

DRD Biotech |Russia | Anzhey Zhimbiev, CEO

DRD Biotech is a research company that develops and implements in vitro diagnostic devices – rapid tests based on innovative biotech and IT-technologies.

Koniku | United States | Oshiorenoya Agabi, Founder & CEO

Koniku is a synthetic biology and silicon chip company that merges engineered brain cells with traditional silicon chips to build cyborgs or biohybrid devices.

NERv Technology | Canada | Amr Abdelgawad, COO

NERv is flipping the post-operative standard of care model on its head by proactively detecting post-op complications at their onset, a feat never achieved before, by detecting and analyzing biomarkers in drainage fluid.

Red Sea Farms | Saudi Arabia | Mark Tester, Co-Founder

Red Sea Farms offers a patent-pending technology that enables greenhouse and hydroponic farms to grow more and better food with less water and energy – saving money and sustainably increasing profits.

SUN Mobility | India | Chetan Maini, Vice Chairman + Co-Founder

SUN Mobility created an open-architecture, ‘Smart Mobility’ model deployable across multiple vehicle platforms tackling roadblocks in mass EV adoption like high costs, long charging time, equivalent infrastructure, and range anxiety.

Sumato-ID | Argentina | Augusto  Clement, CEO + Co-Founder

Sumato-ID asks retailers if they know what is happening at their point of sale, creating biometric solutions by optimizing costs and maximizing sales by understanding customer behaviors.

Tensortec | China | Xiyu Xie, CEO

Shenzhen Tensor Technology specializes in R&D on driver safety assist systems and safety control systems based on vision analysis, developing a fatigue-driving warning system and a safety control system.

The finalists will first go head-to-head in a Knockout Round featuring three-minute pitches and a combination of judge and audience voting. The five startups still standing after the Knockout Round will go through two-minute Q&As with the judges before facing off in the Spotlight Round featuring a 30-minute Q&A with two judges in a panel discussion format.

More than 102,000 contestants from 187 countries entered the Entrepreneurship World Cup. The initiative combines a broad-reaching pitch competition, aimed at ventures ranging from idea stage to growth stage, with a virtual accelerator program to help all participants launch, strengthen and scale their enterprises.

The Entrepreneurship World Cup is an initiative of Misk Global Forum and the Global Entrepreneurship Network. It enjoys strategic support from the Global Education & Leadership Foundation, King Abdullah University of Science and Technology (KAUST), GSVlabs and SUN Group with additional support from Entrepreneurs’ Organization, Viva Technology, edX, Hubspot, Twilio, GEN Saudi and a range of regional, national and community-level partners.

Mark is the executive vice president of the Global Entrepreneurship Network, a platform of programs and initiatives created by the communities… About the author