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StartUp City

“StartUp City” is the place where students and young people can develop their business ideas, presenting them in front of a prestigious jury. This competition aims to help all innovative young people with an entrepreneurial spirit to realize and present their business ideas. "Start Up City" adds value to the entrepreneurial ecosystem by helping startups grow and position themselves in the market.

In its fourth edition, StartUp City comes as a collaboration between the Metropolitan University of Tirana, Metropolitan Incubator and the Faculty of Economics, University of Tirana supported by World Business Angels Forum Albania.

StartUp City 4 will take place in three months and will culminate with the final presentation and gala event on May 25, 2022.

Who can apply?

Anyone who has an innovative business idea, young people of all ages in Albania and Western Balkans.

Prizes:

First place – 2500 euro

Second place – 1000 euro

Third place – Mentoring and Incubation at the Metropolitan Incubator

Best Pitch Award

Best Woman Entrepreneur Award

Individual Entrepreneur Award – 100% Scholarship at the Metropolitan University of Tirana

Best Teen Award - 100% Scholarship at Tumo Tirana

Best Social Entrepreneur Award

Important dates

Registration of applicants will start from March 15 and will be open until May 5th, 2022, at 23:59.

With the closing of the application phase, a jury composed of experts from the Metropolitan Incubator, UMT and the Faculty of Economics-UT will announce on May 10th the finalist ideas.

The finalists will be part of a two-day Bootcamp on May 19-20. The final event will be organized on May 25th.

How to apply

To become part of StartUp City, applicants must submit a PowerPoint presentation in English by May 5th, which must contain:

Problem - What problem are you solving or what need are you meeting?
Solution - Brief description of the product or service
Market - market size
Competition - positioning in front of competitors
Financial business model - How will profit be generated? Cost structure and revenue streams
Team - Team and their roles
Roadmap - Plan for the future
Call to Action - What do you need?

The PowerPoint presentation should be sent to the email address startupcity@umt.edu.al until 5 May. Presentation time for each idea will be 5 minutes accompanied by 3 minutes Q&A by the jury.