About Startup Cup

 

StartUp Cup is a global network of 68 accelerators "without walls" featuring business model competitions in more than 57 countries. This proven model to grow jobs and entrepreneurial ecosystems can be replicated in any community. StartUp Cup is a Featured Event of Global Entrepreneurship Week and is an Official Partner of the U.S. Department of State's Global Entrepreneurship Program. Read more>>

 

On March 6, Tumo hosted the first ever World StartUp Cup that recognized the best three business models from Russia, Ghana and Pakistan, the latter winning the first place. Seven teams of promising entrepreneurs from around the globe had the opportunity to pitch their business initiatives, both virtually and live, to an international panel of judges, representatives of local StartUp Cups, and compete for the winning title.

Back in January 2014, the winners of local StartUp Cups from 21 countries, competed virtually for one of seven available spots in the first World StartUp Cup. Currently there are 68 StartUp Cup Business Model Competitions in 57 countries.

Yerevan with it its growing entrepreneurial potential was selected from a list of other countries interested to host the competition. And it's not accidental that Tumo, as a hub of innovative and robust initiatives, where empowering young minds is a priority, hosted this global event. "I believe in the power of the mind and, here at Tumo, we seek to empower our students with the capacity to realize their fullest potential and take ownership of their personal growth and success," said Marie Lou Papazian in her opening speech during the Award Ceremony.

The event was spiced up with motivational speeches from the organizers and jury members. Jeff Hoffman, a successful entrepreneur and motivational speaker, gave a special talk unleashing the 10 secrets to entrepreneurial success. Sean Griffin, CEO and Founder of StartUp Cup, held a unique and interactive presentation for Tumo students by sharing his personal path to success and encouraging them to be daring and discover the best within themselves.

The presenters of World StartUp Cup in Armenia are Upostrophe and Tumo. The event is supported by USAID funded Enterprise Development and Market Competitiveness (EDMC) Project, IAB Training Center, Ayb School, Deem Communications, Printinfo, AYWA, Armenia StartUp Cup, State Department's Global Entrepreneurship Program and Kauffman's Global Entrepreneurship Week.