Startup competition | IRU World Congress 2018 Skip to main content
Innovation Alley Startup competition
08.11.2018 | 10:00 - 10:30

Startup competition

Award winners ceremony

In addition to the speakers who will grace the stage at the IRU World Congress in Muscat, Oman, on 6-8 November 2018, we are creating a space dedicated to innovation in the transport industry: Innovation Alley. This space will showcase the most innovative companies, entrepreneurs, and start-ups for mobility and will be your one-stop hub for a look into the future of the transport industry. 
As part of this initiative, Road Ventures, a sponsor of Innovation Alley, will organise a competition between the top early-stage start-ups to pitch and compete against each other during the World Congress. 

What is the start-up competition?

This is an event organised by Road Ventures SA, a Captive Venture Capital Fund that supports innovation in mobility and the road transport industry, and encourages creative thinking. This start-up competition is dedicated to launching and advising the world’s next wave of leading entrepreneurs.
Road Ventures sponsorship of Innovation Alley will bring together the top early-stage start-ups to pitch and compete against each other during the IRU World Congress in Muscat, Oman, on 6-8 November 2018. 
The way people and goods travel from point A to point B is changing, driven by a series of converging trends. The result is the emergence of a new ecosystem of mobility that can offer faster, cheaper, cleaner, safer, more efficient, and more customised travel. That is where you can make a difference.
This competition will allow the most innovative project to win a prize of USD 100,000 in equity investment, and the opportunity to gain visibility with venture capital firms, angel investors, the press, as well as local and international media.

The IRU World Congress will bring together world class speakers to debate and present various themes around “innovation on the move”. With this unique environment, you will be able to exchange ideas, pitch to investors, build strategic partnerships, and receive expert and industry feedback. 

Why participate?

Award
The winner will receive a prize package worth USD 100,000 in the form of a direct investment.

Network 
Find potential partners and business opportunities through the community.

Learn and Grow
Benefit from the knowledge of corporate leaders, entrepreneurs, accelerator directors and investors.
Road Ventures supports innovation in the mobility and road transport industry and encourages creative thinking. Throughout this start-up competition, Road Ventures’ objective will be to enable entrepreneurs to kick-start their business with the help of key leaders and experts in the industry.

How does it work?

Application requirements

  • Start-up company of three years or younger
  • Less than USD 1 million raised in funding
  • Start-up operates in the mobility/transport/logistics sectors
  • Technology/Innovation is a core part of start-up – software or hardware or both!
  • Must present a working prototype or product or be able to convey a sustainable business model
  • Must demonstrate some form of traction (users, pilots, customers, revenue)

 

Road Ventures is now accepting applications. Click here for additional information and to register! 
Applications will be reviewed by our jury and the most promising ideas will be shortlisted to enter a second round. 
Next deadline: 17 September 2018

Start-ups will be selected on pre-defined criteria, including product traction, market potential, and team evaluation, as well as relevance for the event.
Selected start-ups will be contacted by 21 September 2018.

The best six applicants will then enter the final round of the start-up competition. They will be asked to pitch and impress the investor jury (five minute pitch and five minute Q&A). Winners will be announced on day two of the IRU World Congress. Travel and accommodation, including ticket to access the event, will be free of charge.

Want to increase public awareness of your start-up and meet angel investors and venture capitalists looking for early stage opportunities? 

 Apply Now!