The Israel Venture Association (IVA) is announcing that this year’s AnnualIsrael Startup Competition will be held in partnership with DEMO and Red Herring Magazine as part of the IVA’s 2008 Hi-Tech Conference to be held in Tel Aviv onMay 19 and 20, 2008.
This year’s competition will be split into 4 categories: Software and Internet; Communications; Life Sciences; early stage (pre-revenue startup). A Judges Panel will select 3 finalists from each f the above-mentioned categories. The finalists will be invited to present their product at a DEMO-style session to be held on the opening night of the conference, May 19, 2008. Following the demo session, the overall winner will be selected: 50% f the vote from the Judges’ Panel and 50% via SMS by conference participants.
The overall competition winner will receive:
- Automatic entry into DEMO Germany 2008 as a demonstrator
- Profile in Red Herring Magazine and the Israeli media
To be eligible to compete in this year’s competition, companies must:
- Be private companies in one of the above-mentioned categories
- Be venture funded by an investor that is a member of IVA
- Have 2007 revenues of less than $20 million
- Have a physical presence in Israel
- Have a product that can be demonstrated at the Conference without the assistance of PowerPoint slides, screenshots or other ways of representation.
What products is the IVA looking for?
- A product that makes a significant contribution to the state of the art in its target market
- A product that changes the marketplace into which it is introduced
Application deadline is: April 8, 2008.
Sign-up Form: Here (Word doc)
