Create@Alibaba Cloud Startup Contest: Take your young company global
Are you ready to take your cloud-based startup to the next level? Create@Alibaba Cloud Startup Contest (CACSC), hosted by Alibaba Cloud, is seeking the best and boldest startups from around the world to be showcased in its home city of Hangzhou, China. CACSC is hosting regional startup contests in Silicon Valley, London, Paris, New Delhi, Seoul, Hong Kong, Singapore, and Dubai; as well as throughout China.
The most promising and innovative startups to emerge from these regional contests will be invited to China for the CACSC World Final, which will be held at the Yunqi Computing Conference in October 2016. Canadian startups are encouraged to apply to compete in the Silicon Valley event.
Founded in 2009, Alibaba Cloud is one of the biggest cloud-infrastructure companies in the world; and is poised to reach US$1.45 billion in revenue by 2017.
Registration closes August 5 for CACSC Silicon Valley 2016. By August 19, 12 finalist teams will be notified. September 10 will be Demo Day.
To qualify for CACSC, your startup must:
- Be a registered company that is less than five years old;
- Have already launched a product;
- Have a clear business model behind it;
- Have revenue under US$500,000;
- Not be publicly listed.
Out of the 12 teams selected to compete in Silicon Valley, two will advance to the final in Hangzhou.
Qualifying for the regional final will net your company US$10,000 in Alibaba Cloud credits, where participants will win USD $10,000 credit in cloud resources, one-on-one cloud infrastructure solution planning with Alibaba Cloud Architects, and Internet Content Provider (ICP) application support to set up your website and applications for hosting in China. You'll also gain opportunities to connect with investors, incubators, and coworking spaces in Chinaas well as co-marketing opportunities with Alibaba.
If you win in Silicon Valley, you'll also receive the qualification prizes mentioned above, as well as US$50,000 credit to be used on Alibaba Cloud products and services and an invitation to the Alibaba Cloud Yunqi Conference for the world final. There your company will have the opportunity to meet wiht China's top investment firms.
The overall winner will receive US$216,000 in credit towards Alibaba Cloud products and services, a bespoke marketing support plan with global media exposure and opportunities to meet with investors.
CACSC is brought to you by Alibaba, CUBIC, Hanhai Investment, Hanhai Studio, CCCIC, C2CAN and SFU VentureLabs®. You can find the full competition details and submission form here.