All seed and early stage startups from different tech fields are encouraged to take part and compete for the recognition of international investors (and hopefully something more tangible from them) along with the main prize of 10,000 euros.
The application deadline is April 1, which is when 50 of the most promising startups from across the Baltic, Scandinavian and Central European regions will be selected from all participants. Each semi-finalist will then have the opportunity to present their business idea on TechChill's virtual stage in front of over 200 investors and other attendees.
This year the main focus is on FinTech, B2B, AI&ML, Sustainability, Hardware, IoT and Robotics fields, and in addition to the main cash prize of ten big ones, one of the participants will also receive a special prize of Facebook and LinkedIn ad campaigns supposedly worth 3,000 euros.
TechChill 2021 will be held virtually, gathering over 2000 international investors, including representatives of venture capital companies and accelerators, as well as business angels, eager to get to know the Baltic region and its most promising startups, discover innovative business ideas and evaluate future investment possibilities.
This year's event has the slightly terrifying slogan: "Point of No Return".
Fifty Founders Battle winners from previous years include emerging Baltic success stories such as Infogr.am, TrackDuck, Edurio, Nordigen, Sprayprinter, Anatomy Next, Precision Navigation Systems, as well as last year's winner, Estonian startup Woola, which produces a sustainable sheep wool bubble wrap. In total there were applicants from 37 countries represented last year.
This time the event will be held virtually focusing on topics such as sustainability innovations, knowledge for growth, digital transformation, diversity, as well as the role of the Baltics in the future of tech. The two weeks of content will begin with a launch event in Vilnius and end with a grand finale in Riga, building bridges across borders on a brand-new level.
More details are available at the dedicated website TechChill.co.