1776 and Global Entrepreneurship Network Partner to Expand Global Reach, Uncover and Scale World-Changing Startups
Today at the Global Entrepreneurship Congress in Milan, global startup community leaders 1776 and the Global Entrepreneurship Network (GEN) announced they will partner to expand the scale of the Challenge Cup competition to enable local leaders and startup incubators around the world to host competitions.
Challenge Cup is a global competition traditionally held in 16 cities around the world, aiming to uncover highly scalable startups with bold visions for solving the world’s biggest challenges. Startups compete for $650,000 in prizes in four categories—education, energy & sustainability, health and cities & transportation—as well as the chance to connect with customers, partners, mentors, policymakers, and investors. Through the new partnership announced Monday, GEN national hosts and partners in 157 countries will have the opportunity to host local ChallengeX competitions, with the winning startups advancing to regional Challenge Cup competitions and ultimately the global finals in Washington, DC.
“We’re thrilled to collaborate with Global Entrepreneurship Network as we expand the Challenge Cup to be a truly worldwide phenomenon,” said 1776 cofounder Donna Harris. “As a global incubator, our top priority is to find the most promising startups and surround them with the connections they need to grow, in whatever city they call home. GEN has done a fantastic job of convening global startup community leaders and I can’t think of a better partner to work with to rollout ChallengeX competitions around the world.”