March 6, 2014 – Yerevan, Armenia – Go-Fig Solutions of Pakistan StartUp Cup is the winner of the first ever World StartUp Cup. Go-Fig was announced winner in Yerevan, Armenia on 6 March 201 4 at Tumo where seven of the world’s most promising startups competed for the opportunity of a lifetime, pitching their business models to an international panel of StartUp Cup judges. Teams from Pakistan, Egypt, Malaysia, Russia, Philippines, Lebanon and Ghana will be competing for the title of the first World StartUp Cup winner!
Go-Fig wins: Thousands of dollars in potential investment, higher levels of exposure to customers and investors and, of course, the best thing of all – bragging rights.
The World StartUp Cup will bring together seven first place winners from over 21 local StartUp Cups that competed for a finalist spot from around the globe. Currently there are 68 StartUp Cup Business Model Competitions in 57 countries. The first place winners from each local competition that holds their awards celebration from January 1, 2013 through December 31, 2013 were eligible to enter into the World StartUp Cup competition. Winners of the local competition competed virtually for one of the seven available spots. The selected entrepreneurs will present their business models to an international panel of judges comprised of local StartUp Cups around the world.
“The World StartUp Cup is a high-impact event designed to showcase and celebrate the world’s most promising entrepreneurs and startups from every conceivable industry. Armenia was one of the first StartUp Cups ever to be held outside the United States, and it is especially fitting that we are hosting the first annual World StartUp Cup in Yerevan”, said Sean Griffin, CEO and Founder of StartUp Cup. During the event world-acclaimed motivational speaker from the USA Jeff Hoffman addressed the audience of entrepreneurs and guests.
Yerevan was selected from a number of interested cities from around the world based on their commitment to developing a robust ecosystem where entrepreneurship growth is a priority.
The presenters of World StartUp Cup in Armenia are Upostrophe and Tumo Center For Creative Technologies, dedicated leader in promoting innovation in Armenia. The event is supported by USAID funded Enterprise Development and Market Competitiveness (EDMC) Project, IAB Training Center, Ayb School, Deem Communications, Printinfo, AYWA, Armenia StartUp Cup, State Department’s Global Entrepreneurship Program and Kauffman’s Global Entrepreneurship Week.
“We are extremely happy and proud to host the first World StartUp Cup”, said Tumo Rep. “It is inspiring to see the growing impact of StartUp Cup on Armenia’s entrepreneurial ecosystem, including the ongoing support from community partners to feature entrepreneurship as a powerful path to sustained economic growth.”
About Startup Cup
StartUp Cup is a global network of 68 accelerators “without walls” featuring business model competitions in more than 57 countries. This proven model to grow jobs and entrepreneurial ecosystems can be replicated in any community. StartUp Cup is a Featured Event of Global Entrepreneurship Week and is an Official Partner of the U.S. Department of State’s Global Entrepreneurship Program. For more information visit startupcup.com.
About Upostrophe Foundation
Upostrophe Foundation is a non-profit organization based in Yerevan, Armenia dedicated to fostering collaboration among youth, government and the private sector to benefit entrepreneurs and drive the ecosystem in Armenia.
Tumo is a new kind of after-school learning environment where thousands of students aged 12-18 are in charge of their own learning. Guided by skilled educators and mentored by media professionals, students navigate through their personal learning plans via the Tumo World, a special learning interface that prepares them for hands-on practice. Specialized workshops, guest lectures and community events give students a chance to apply their knowledge and skills to the world around them.
About Jeff Hoffman
Jeff Hoffman is a successful entrepreneur and motivational speaker. In his career, he has been the founder of multiple startups, he has been the CEO of both public and private companies, and he has served as a senior executive in many capacities. Jeff has been part of a number of well-known companies, including Priceline.com. uBid.com, CTI, ColorJar, and more.