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1776 And Revolution Announce 4th Annual Challenge Cup

Challenge-Cup-Feature

The Fourth Annual World Wide Challenge Cup Is Back

(image: 1776.vc)

(image: 1776.vc)

It’s time once again for the Challenge Cup, the global startup competition that brings out the best and brightest entrepreneurs across the world. The Challenge Cup was created by 1776, the incubator and startup hub based in Washington DC. The cup calls for startups to take part in regional startup competitions (locations listed below). Then, the finalists come together in the nation’s capital, for one part party one part global startup competition and one part celebration of entrepreneurship.

This year’s competition adds more sites here in the U.S. and abroad, which will create an even more fierce competition.

Challenge Cup is presented in partnership with investment firm Revolution, an active champion for the emergence of entrepreneurial communities and startups outside of Silicon Valley.

“The Challenge Cup illustrates that great companies can start and scale anywhere. While talent is evenly distributed, opportunity is not and the Challenge Cup is squarely addressing this inequity,” said Steve Case, CEO and Chairman of Revolution LLC and Co-founder of AOL. “Revolution is proud to partner with 1776 again on this effort to provide startups around the world with the tools they need and the attention they deserve.”

Over the next four months, Challenge Cup will take place in 75 global cities, including cities drawn from Revolution’s Rise of the Rest program as well as over 20 US state capitals. In each of these cities, 1776 will partner with a leading local startup program to host a Challenge Cup experience on 1776’s UNION Network, a digital platform that connects startup ecosystems around the world.

The program culminates in the 2017 Challenge Festival, a multi-day event in November taking place at 1776’s newest campus located in the Brooklyn Navy Yard.

“The Challenge Cup is more than a pitch competition. We are forging partnerships between government officials, institutions, and entrepreneurs tackling complex challenges,” said Evan Burfield, Cofounder and CEO of 1776. “By partnering with Revolution we are reinforcing the networks necessary for startups to solve meaningful problems on a global stage. By hosting the competition on 1776’s UNION network, we are uniting the fragmented global startup ecosystem in this mission.”

The initial 31 startup communities hosting a Challenge Cup are:

  • American Underground — Durham, NC, USA (Rise of the Rest City)
  • Benjamin’s Desk — Philadelphia, PA, USA (Rise of the Rest City)
  • BIAT — Tunis, Tunisia (Capital City)
  • D.CAMP — Seoul, South Korea (Capital City)
  • ECOEM — Caracas, Venezuela (Capital City)
  • Found.Ation — Athens, Greece (Capital City)
  • Grupo Rede Mais — Salvador, Bahia, Brazil
  • Grupo Rede Mais — Quito, Ecuador (Capital City)
  • Hive Colab — Kampala, Uganda (Capital City)
  • Iceaddis — Addis Ababa, Ethiopia (Capital City)
  • iHub — Nairobi, Kenya (Capital City)
  • Invest2Innovate — Islamabad, Pakistan (Capital City)
  • iSpace Foundation — Accra, Ghana (Capital City)
  • Japan Innovation Network — Osaka, Japan
  • Japan Innovation Network — Tokyo, Japan (Capital City)
  • National Digital Research Centre — Dublin, Ireland (Capital City)
  • Novus — Cochabamba, Bolivia
  • PIE — Portland, OR, USA
  • StartupAZ — Phoenix, AZ, USA (Capital, Rise of the Rest City)
  • Startup Mexico — Merida, Mexico
  • Startup Mexico — Mexico City, Mexico (Capital City)
  • Station Houston — Houston, TX, USA
  • Talent Garden — Milan, Italy
  • Tampa Bay WaVE — Tampa, FL, USA
  • tekMountain — Wilmington, NC, USA
  • The Commons — Denver, CO (Capital, Rise of the Rest City)
  • Urban Redevelopment Authority — Pittsburgh, PA, USA (Rise of the Rest City)
  • 1776 — Dubai, UAE
  • 1776 — New York, NY, USA
  • 1776 — Washington, DC, USA (Capital City)
  • 43North — Buffalo, NY, USA (Rise of the Rest City)

Whether it be Twiga Foods in Kenya, Prima-Temp in Boulder or MyPeegu in Bangalore, startups are solving some of our most complex and challenging problems but are often overlooked with respect to venture funding and access to entrepreneurial resources.

“The Challenge Cup afforded me unparalleled access to capital, startup and investor connections, and global exposure,” Grant Brooke, cofounder of Twiga foods and Challenge Cup 2016 winner said. “Startups are the key to solving the world’s biggest problems, and competitions like the Challenge Cup draw attention to solving those problems on a global stage.”

 

About the author

Todd Lewis