Saturday 29 November 2014

Web Summit: 200 firms to 'Pitch' in start ups

Published 26/08/2014 | 15:42

Paddy Cosgrave, organiser of the Dublin Web Summit
Paddy Cosgrave, organiser of the Dublin Web Summit

SOME 200 companies are set to compete in Europe’s largest start-up competition, to be held in Dublin this November at the annual Web Summit conference.

The competition, entitled Pitch, is part of Dublin’s growing international reputation for startup events and is set to be sponsored by Coca Cola. A similar event held last year in Dublin resulted in a top prize of €75,000.

Previous winners of the competition have gone on to achieve global fame, with 2012 winner SmartThings recently acquired by Samsung for €155m.

The two winning teams will be flown to Coca Cola’s headquarters in Atlanta, Georgia, to meet with executives for strategy sessions on their startup.

“Pitch is going to be bigger and of a higher quality than ever this year with 200 finalists pitching this November,” said Paddy Cosgrave, co-founder of the Websummit. “Some of these startups are fundamentally changing the world with their ideas.”

Guy Wollaert, Coca-Cola’s chief technical and innovation officer, and David Butler, vice president of innovation and entrepreneurship, as well as Emmanuel Seuge, vice president of global alliances and ventures, will speak at the conference and judge this year’s Pitch competition.

The Web Summit is set to host 20,000 delegates from November 4th to November 6th.

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