Get in the Ring believes that startups need fans if they’re going to be successful. During the competition fans from all over the world follow their favorite startups in their journey to the International Final through the local, national or regional finals or online through the live webcasts of these finals.
In only three years’time Get in the Ring grew from a local event to a global competition in 64 countries. The competition is a featured event of the Global Entrepreneurship Week.
Through National and Regional Finals startups will be selected for the International Final.
Get in the Ring aims to challenge the status quo of pitching. The minds of the investors need to be triggered. For this reason, Get in the Ring changed the way people are pitching and has introduced a new unique pitching concept. Startups getting in the ring will battle it out, one on one, during five different rounds. Each round focuses on a relevant topic that all investors are interested in.
During the Investment Battle two startups will be pitching at the same time, called a battle. Every battle consists of five rounds and every round will focus on a different subject important for a business. Per round, entrepreneurs will have approximately 25 seconds to convince the champions, the jury, on each subject. After five rounds every participant will be asked questions by the jury (called the Champions). This will take 5 minutes per participant.
The rounds include:
- Business model & market
- Financials & investment proposition
After the question round the Champions will choose which startup is the winner of the battle. The winners of each battle will go through for the voting round.
In order to participate, startups need to meet the following criteria:
– Exists no longer than 8 years
– Be proficient in the English language
– Have a scalable and innovative business idea or model
– Showing clear, growing and measurable user and market traction in a big or rapidly growing target market.
– Can and wants to scale fast.
– Can be able to attract significant funding
– Team qualifications and experience
– Scalable and innovative business idea and/or model
– Market opportunities
– Fundability of the startup