{"id":12055,"date":"2023-12-13T07:00:00","date_gmt":"2023-12-13T06:00:00","guid":{"rendered":"https:\/\/hub.hslu.ch\/smart-up\/?p=12055"},"modified":"2026-02-11T14:53:40","modified_gmt":"2026-02-11T13:53:40","slug":"am-i-ready-to-participate-in-a-startup-competition","status":"publish","type":"post","link":"https:\/\/hub.hslu.ch\/smart-up\/2023\/12\/13\/am-i-ready-to-participate-in-a-startup-competition\/","title":{"rendered":"Am I Ready To Participate in a Startup Competition?"},"content":{"rendered":"\n\n\n
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Lots of questions arise when we hear about the opportunities that different organizations offer startups. In the recent decade, Switzerland has blossomed with different support programs and organizations that help startups keep innovation at its core. But, as a budding entrepreneur, you have many decisions to make\u2013 and one of them is how you spend your time and effort when it comes to obtaining support from these organizations.<\/p>\n\n\n\n

Let’s tell you more about >>venture>><\/strong>!<\/p>\n\n\n\n

The first thing you need to know is that if you\u2019re going to succeed in this competition, your idea needs to be innovative. If you have that, then it’s definitely worth your while to participate. There’s up to CHF 150,000 in non-dilutive funds at stake! Not to mention the way your network will expand through participating.<\/p>\n\n\n\n

The second important aspect of the competition is that it\u2019s purely a competition. They’re not an accelerator or incubator. This means, you apply and compete. All other aspects of their competition are optional. They’re not here to take up your time. You\u2019re really busy, and they get that. They’re here to evaluate your startup, give you feedback from the experts, connect you with the right people, and provide you with some non-dilutive funds to get you started.<\/p>\n\n\n\n

Lastly, all you need to participate is a startup plan. You probably already have your idea written down so there\u2019s no new template or format you need to use with them. Simply polish up your startup plan, make sure it\u2019s 10-20 pages long, in PDF format, and in English. And that\u2019s your application. No fees either<\/strong>\u2013 it\u2019s completely free to participate.<\/p>\n\n\n

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Interested? Let\u2019s go over all the entry requirements.<\/strong><\/p>\n

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We\u2019ve already discussed the first couple of requirements, but let\u2019s summarize them all in one place.<\/p>\n