Google for Entrepreneurs has introduced its first Demo Day for Asia, scheduled to happen on September 20th in Shanghai, China. This yr, Google’s mission to deliver collectively prime startups to spotlight innovation and drive funding has now arrived in Asia as effectively.
The Demo Day will allow prime Asian startups to pitch on a worldwide platform and construct relationships with traders. In an intimate occasion, Google will pool collectively accredited and lively traders who will pursue potential collaborations with the startups handpicked by Google for the Demo Day.
Google workforce will shortlist startups primarily based on their workforce’s power, execution of their concept, traction of consumers and their development potential to scale. Startups can’t solely apply themselves however can be nominated by situated companions inside the community of Google for Entrepreneurs. At present, The Nest I/O is a accomplice inside this community from Pakistan.
To qualify for Google Demo Day, startups must be legally integrated and headquartered in Asia. They need to have demonstrated traction via fundraising, income era, and buyer development. Furthermore, these startups ought to have raised $50,000 and should be searching for to actively elevate $1 million to $5 million inside six months of Demo Day.
Since its inception, startups collaborating in Demo Days has raised over $273 million and 11 of them have been acquired. Within the earlier occasions, over 100 distinctive VC companies have participated. In 2017 solely, the collaborating startups raised as much as $18 million.
If you wish to signify Pakistan at Asia’s first Google Demo Day, apply here by July 1st.
Picture Supply: Google Occasions
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