Venture-Z is an exciting and dynamic startup competition that offers aspiring entrepreneurs from Generation Z an incredible platform to showcase their innovative business ideas and make a lasting impact on society. Organized as part of the prestigious 2nd International Conference on Sustainability: Developments and Innovations (ICSDI) 2024, Venture-Z brings together the brightest minds and visionary thinkers who are passionate about creating a better future.
For more about the conference please visit our website
Seeing the Future with Generation Z's Eyes
INNOVATE TODAY FOR A SUSTAINABLE TOMORROW
The 2nd International Conference on
Sustainability: Developments and Innovations
Generation Z, also known as Millennials. Generation Z generally includes individuals born between the late 1990s and early 2010s. They are the first generation to have grown up entirely in the digital age, surrounded by technology and social media.
Some key characteristics of Generation Z include:
Digital Natives: Generation Z has grown up with technology at their fingertips and is highly skilled in using digital tools and platforms.
Diversity and Inclusion: This generation is known for embracing diversity, being more open-minded, and advocating for inclusivity across various aspects of life.
Entrepreneurial Spirit: Generation Z is often characterized by their entrepreneurial mindset, as they have witnessed the rise of successful young entrepreneurs and are eager to create their own ventures.
Socially Conscious: They are passionate about social and environmental issues and are actively engaged in advocating for positive change.
Customization and Personalization: Generation Z values personalized experiences and products tailored to their individual needs and preferences.
Multi-tasking and Short Attention Spans: Due to their exposure to constant streams of information, Generation Z has developed the ability to multi-task but also has shorter attention spans compared to previous generations.
Are you an ambitious
with a game-changing idea?
The Venture-Z Startup Competition offers a platform for aspiring entrepreneurs to showcase their innovative business ideas and vie for the attention of top investors and industry experts.
With a focus on the future and the unique perspective of Generation Z, this competition is your opportunity to turn your entrepreneurial dreams into reality.
Join us at ICSDI 2024, where the brightest minds and most promising startups come together. This exciting event provides a stage for participants to pitch their ventures, demonstrate their products or services, and compete for invaluable investment opportunities and mentorship.
Whether you have a
The Venture-Z Startup Competition is the perfect launchpad to propel your startup journey. Seize this opportunity to showcase your entrepreneurial spirit, gain recognition, and secure the resources needed to take your venture to new heights.
This track focuses on startups that bring innovative solutions in mechanical, civil, electrical, or environmental engineering fields. It encompasses areas such as advanced materials, energy systems, infrastructure development, and environmental technologies.
Track 1: | Engineering Innovations
This track is dedicated to startups that incorporate sustainable practices and principles into their business models. It includes areas such as sustainable supply chains, green manufacturing, eco-friendly products, and renewable energy ventures.
Track 2: | Sustainable Business Ventures
This track is specifically designed for startups that address environmental challenges and offer sustainable solutions. It covers areas such as pollution control, waste management, water and air quality improvement, and environmental monitoring technologies.
Track 3: | Environmental Solutions
This track is open to startups that combine business innovation with social impact. It includes initiatives that tackle social issues, promote inclusivity, empower communities, and contribute to sustainable development goals.
Track 4: | Social Entrepreneurship
This track centers on startups that contribute to the development of future cities through innovative urban planning, smart infrastructure, sustainable transportation, IoT-enabled urban solutions, AI-driven urban management systems, and sustainable urban development practices.
Track 5: | Future Cities
The Venture-Z Startup Competition is open to aspiring entrepreneurs and startup teams from diverse backgrounds and industries. Participants must meet the following criteria:
Must be 18 years of age or older.
Must have a viable business idea or an early-stage startup.
Individuals or teams can participate (team size restrictions is 5 members).
International participants are welcome.
To participate in the competition, all interested individuals or teams must complete the online registration form available on the official ICSDI 2024 conference website. The registration process will include providing essential details about the startup, such as
The startup idea
Intellectual Property (IP)___________________
Participants retain full ownership of their intellectual property. However, by participating in the competition, participants grant the organizing committee and associated partners the right to use the startup names, logos, and related materials for promotional purposes.
The judging panel will evaluate the startup pitches based on various criteria, including innovation, market potential, feasibility, team capability, and scalability. The specific judging criteria will be communicated to the participants in advance to help them prepare and align their presentations accordingly.
Prize and Recognition__________
The Venture-Z Startup Competition offers attractive prizes and recognition for the winners. The prizes may include financial support, mentorship opportunities, access to networks, and exposure to potential investors and industry leaders. The exact details of the prizes will be announced closer to the competition date.
The pitch presentation should be engaging, concise, and well-structured. It is recommended to use visual aids such as slides to support the presentation. Each team will be allocated a specific time limit for their pitch, typically ranging from 5 to 10 minutes. Participants should aim to deliver a compelling and memorable pitch within this time frame.
Maintain a professional and articulate presentation style. Use clear and concise language (English), avoiding jargon or technical terms that may be unfamiliar to the audience. Focus on delivering a memorable and impactful pitch.
The pitch should cover essential aspects of the startup, including:
Problem Statement: Clearly articulate the problem or opportunity that your startup aims to address. Explain the significance and market potential of the problem or opportunity.
Solution: Present your unique solution or value proposition that addresses the identified problem. Clearly highlight the benefits and advantages of your solution compared to existing alternatives.
Market Analysis: Provide a thorough analysis of the target market, including size, growth potential, and key trends. Explain how your startup fits into the market landscape and its competitive advantage.
Business Model: Outline your business model, including revenue streams, pricing strategy, and customer acquisition strategy. Demonstrate the financial viability and sustainability of your startup.
Execution Plan: Present a clear and realistic plan for executing your business idea. Highlight key milestones, implementation strategy, and any traction or progress achieved thus far.
Team: Introduce the members of your startup team and highlight their relevant skills, expertise, and accomplishments. Showcase the team's ability to execute the business plan successfully.
Funding Requirements: If applicable, clearly articulate the funding requirements of your startup. Explain how the prize or financial support from the competition would be utilized to further develop and scale the business.
Application Submission | November 1, 2023
To participate in the competition, all interested teams must submit an application form providing essential details about their startup. The application form will be available on ICSDI website typically includes information such as the team's background, business idea, target market, and current stage of development.
Initial Screening | November 30, 2023
The submitted applications will go through an initial screening process conducted by the ICSDI organizing committee. This screening aims to evaluate the eligibility and alignment of the startup with the competition's theme and criteria. Applicants who meet the initial criteria will proceed to the next stage.
Selection Criteria | December 30, 2023
The qualifying process will consider various criteria to assess the startups. These criteria may include factors such as innovation, market potential, feasibility, scalability, team capabilities, and alignment with the theme of the competition. The judging panel will review and evaluate each application based on these criteria.
Mentorship Program | January 30, 2024
Shortlisted teams will have the opportunity to work closely with experienced mentors during a dedicated mentorship program. This program spans over five days and focuses on refining and enhancing the startup ideas. Mentors will provide guidance, insights, and expertise to help teams strengthen their business models, improve their value proposition, and address any challenges they may face.
Pitch Presentation | February 19-20, 2024
After the mentorship program, shortlisted teams will be invited to deliver their pitch presentations to a panel of judges. During this stage, teams will have the opportunity to showcase the progress they have made, present their refined business models, market analysis, and growth potential. The judges will assess the presentations based on predetermined evaluation criteria and select the top teams to proceed to the final round.
Final Round | February 21, 2024
The final round of the competition will involve additional evaluation and may include elements such as Q&A sessions, prototype demonstrations, or business plan reviews. The top-performing teams will be recognized and awarded based on their performance and potential.
We believe in recognizing and supporting the entrepreneurial spirit of our participants. We are excited to announce the awards for the top three startups in the competition who will receive will receive prestigious awards along with financial support from Prince Sultan University, as follow:
The 1st place winner |
30, 000 SAR
The 2nd place winner |
20, 000 SAR
The 3rd place winner |
10, 000 SAR
In addition to the financial support provided by Prince Sultan University, Venture Z offers the potential for further funding through sponsorship opportunities.
Sponsors who choose to fund promising startups will have the chance to make a significant impact on the growth and success of these ventures, similar to the concept of "Shark Tank."
We are actively seeking sponsors who are passionate about supporting entrepreneurship and the development of sustainable and technologically advanced future cities.
The awards and sponsorship opportunities are designed to empower and encourage the next generation of innovators to turn their ideas into successful startups. Venture Z aims to provide a launching pad for these startups to thrive and make a lasting impact on society.
Note: The award amounts and sponsorship opportunities are subject to change and are contingent upon the final agreements with Prince Sultan University and potential sponsors.
Let's venture into the future together!