Two Armenia-based startups will compete in the Entrepreneurship World Cup (EWC) Global Finals, organizers announced on October 4, 2021. Denovo Sciences and Zoomerang are among the 100 startups known collectively as the Entrepreneurship World Cup 100 (EWC 100) that have advanced to the next stage of the competition. Denovo Sciences is a deep technology company that creates novel therapeutics using state-of-the-art AI technologies, and Zoomerang is an application for creating/editing state-of-the-art short-form videos.
One hundred startups worldwide will compete in the Entrepreneurship World Cup virtual Global Quarter-Finals with winners advancing to the Global Finals on November 17-18 in Riyadh, Saudi Arabia.
The EWC is among the largest and most diverse global pitch competitions that provide startup founders with support for further advancement. The EWC was launched in 2019 and has to date supported over 300,000 participants from 200 countries, providing $2 million awards in cash prizes alongside program support and services equivalent to $150 million.
The 2021 competition has attracted 100,000 registrants from 200 countries. At the National Finals, one thousand startups have pitched in front of the jury comprising entrepreneurship organizations from across six continents. The EWC Global 100 Finals include startups from Africa (11), Asia (26), Europe (22), Middle East (10), North America (13), Oceania (4), and South America (14).
The two national representative startups from Armenia, Denovo Sciences and Zoomerang, have completed the two-month Accelerate 2 stage. The teams had the opportunity to participate in weekly lectures and connect to the special EWC chat group. They also were in regular discussions with the teams who have won in their respective country competitions.