The Startup World Cup will be held on Thursday 22 March 2018 involving talented entrepreneurs and incubators from Luxembourg and the Greater Region, as one of 32 national competitions, prior to the Grand Final in Silicon Valley.

This prestigious world-renowned competition organised by Farvest, a major player in the event industry, and EY, Leader in Professional Services, will be held for the second consecutive year in Luxembourg, which has been selected as the host country for this competition dedicated to startups. Given the efforts made by the Luxembourg government to maintain its reputation as a "Startup Nation" and to support start-ups that have decided to break into a fast-growing ecosystem, this choice is not a coincidence.

Epsilon, winner of the 2017 edition in Luxembourg.

As a reminder, the company Epsilon was proclaimed the winner of the 2017 edition in Luxembourg. Connected footwear leader, this young company is based in Nancy, in Lorraine, and created by Karim Oumnia in 2014, has created a new business model by introducing electronics in footwear: creation of connected heated insoles to manage the temperature of your shoes with a smartphone, then presentation and launch of the first "smartshoes".

What exactly is the Startup World Cup?

The Startup World Cup refers to a series of conferences associated with international competitions. Its goal is to connect the global startup ecosystem by encouraging the most talented entrepreneurs to compete for the prestigious Startup World Cup. 32 national events are already planned around the world, culminating in the Grand Final in Silicon Valley.

22 March will mark a European stage of this competition, and more particularly the Luxembourg semi-final.

The Startup World Cup is organised by Fenox Venture Capital, a Venture Capital company, a young entrepreneur from Silicon Valley.

EY Luxembourg: again a partner of choice

Because of its strong local roots and its recognised international experience in supporting startups around the world, from the stage of creation to development as international companies, EY Luxembourg has been chosen again to be the preferred partner of this event will take place in addition to its premises.

Olivier Lemaire, EYnovation Program Manager at EY Luxembourg, commented "At EY Luxembourg, entrepreneurship is an integral part of our DNA. We are therefore delighted to collaborate with Farvest and welcome back to our premises one of the prestigious semifinals of the Startup World Cup. This event highlights the exceptional career of talented young companies, men and women, engines of growth and competitiveness, which nourish confidence and the desire to undertake. In addition, this unique competition fits perfectly into our "Building a Better Working World" mission, of which our EY Novation program is a key piece."

Make Luxembourg shine internationally

This event will consist of the presentation of European startups and prominent guest speakers.

Kamel Amroune, Partner at Farvest Group and co-founder of ICT Spring, another global technology event, continued "We are happy and proud to welcome the Startup World to Luxembourg again. Cup. We look forward to presenting this event to our community, not only nationally but also across Europe, as we are deeply convinced of its resounding success for the benefit of outstanding startups able to prove that it is always possible to innovate and succeed."

Anis Uzzaman, CEO and General Partner of Fenox Venture Capital and also President of the Startup World Cup concluded "We are delighted with this collaboration with Farvest, which will make possible the holding in Europe of one of the most famous events dedicated to startups and meet the needs of entrepreneurs."

The Grand Final in San Francisco

The Grand Final will take place in San Francisco on 11 May 2018. The winner of this competition will represent Europe and will be in the running with 32 other startups from around the world. This winner will have the chance to win a prize worth $1,000,000 in investments.

The call for applications has been officially launched: startups can now apply at www.startupworldcup.io/luxembourg-application

For more information, see www.startupworldcup.lu