Pitch Competition

As part of the fourth annual conference, ASYF announces its pitch competition. It is opening the ground to all promising and creative technology-oriented business ideas that are inspired by Al Sharq values in the scopes of information technology, media, education, energy, medicine, transportation and others.

It is a chance for creative youth, potential Entrepreneurs and early stage founders, to build a large network of Turkish as well as international businessmen, funders and venture capitalists.
Take the first step of turning your ideas into real projects by participating Al Sharq pitch competition!

Am I eligible?


If both answers are yes, then you are good to go..

How?

Write a maximum 500 words business brief.

Prepare a 1-3 mins video to pitch your idea.

Fill the application form .


Applications will be evaluated by experts where only 5 creative ideas will be selected and the nominees will enjoy these advantages:

Attend the conference for free.
Have access to the workshops, training and other activities offered in the conference.
Full paid trip (flight tickets and 3 nights accommodation) to attend the conference in beautiful Istanbul.
Get a chance to meet and talk with globally renowned speakers and experts attending the conference.
Pitch their idea in front of potential businessmen, VCs and experts and have a chance of being funded.

Out of 5 nominations, the best three ideas will win the Al Sharq Pitch award!

  • 5th August
    Application starts
  • 5th September
    Application closes
  • 5th – 14th September
    Processing
  • 7th October
    Conference starts
  • 8th October
    Pitch competition

FAQs

Frequently asked questions

What is the Application criteria?

1- Team of youth between 15-35 years old.
2- At least 2 team members.
3- Ability to present their pitch in English
4- Originality of the business idea [Unlike anything already existing]
5- Idea should not be in the implementation/execution stage.
6- The product/service benefits the region in the first place.
7- Complete and comprehensive Business model including:

§ Executive Summary
§ Products or Services – describes the key features and benefits, pricing, current state of development, and proprietary position
§ Market and Marketing Strategy
§ Management
§ Operations – plan for production, delivery of product or services, cost, margins, operating complexity, and resources required
§ Financials and Budget Breakdown- presented in an easy to read and understandable format that is consistent with the launch and growth strategies of the plan and supporting assumptions.
§ Offering – Proposal/terms to investors; indicates how much needed, the ROI, the structure of the deal, and possible exit strategies.
§ Viability – Details opportunity, distinctive competence, management understanding, and investment potential
§ Brevity and Clarity – Is the plan sixteen (10) pages with minimal redundancy

8- Recommendation letters and references from experts in their field.
9- Economic feasibility study.

What is the selecting process?

1- All applications will be evaluated by experts and will be assessed for criteria.
2- Out of all applications, 5 teams will be selected to pitch their ideas in the conference in front of 1000 attendees audience.
3- Letters of acceptance will be sent to the selected teams. A confirmation will be required within 3 days. If no response is received from the team, the open spot will automatically be moved to next team in waiting list.
4- Selected teams will be granted a full paid trip to the beautiful city Istanbul to attend the conference. This includes flight tickets, accommodation at the Hilton Istanbul Bosphorus and attending all sessions without charge.
5- Selected teams will have access to all conference activities including Workshops, Speeches, Masterclasses, Art Night and Concert.
6- Selected teams will have the rare opportunity of meeting and networking with globally renowned speakers and experts attending the conference.
7- Selected teams will pitch their idea in front of potential investors, businessmen, VCs and experts.

What is the Presentation criteria?

v The pitch official language is English
v Present in 3-4 minutes
v Attractive and informative display
v Prompt acknowledgement and explanation of the venture
v Efficient and confident response to questions
v Effective marketing collateral available

Is there more Details?

1- In the evening of 7th October, the 5 selected teams will be joined in for a closed meeting where they will receive orientation and pitch workshop format.
2- In the evening of the 8th October at 4:00, all teams will be required to pitch their ideas on stage.
3- 3- 4 minute Pitches followed by 10 minutes Q and A by jury
4- Jury will debate teams with discussion of market, funding challenges and summarizes each pitch and provides expert feedback.
5- Teams will earn points according to how much they score on each category:

What is the Judging Criteria?

Ø Ability to grab and hold attention – set the “hook”
Ø Well defined problem/pain and solution
Ø Well defined and quantified accessible market
Ø Justification for team’s ability to succeed
Ø Overall, desire to find out more about this venture