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FAQ’s
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How is >>venture>> funded?>>venture>> is funded through the >>venture>> foundation by the organizers and sponsoring companies represented on the Advisory Board. Learn more about >>venture>> in our ABOUT page.
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How are the finalists selected?Our team of carefully selected jury round 1 jurors, composed of industry and startup experts, reviews your submission and grades it according to a scale. Projects with the highest overall grades go through the second jury round.
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Is the data I submit to >>venture>> confidential?We take confidentiality very seriously at >>venture>>. All jurors, Advisory Board members and mentors sign a confidentiality agreement.
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Will I receive a mentor or coach if I participate?Only the finalists – that is, the participants selected as having one of the top ten projects within their respective vertical/track – will be granted access to our network of mentors. Finalists are then free to contact the mentors of their choosing for an introductory meeting. If both parties agree, they can individually decide on the terms that will govern their work together.
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Do participants receive feedback on their submissions?Yes, you will receive detailed feedback at all stages except the final round with the Advisory Board.
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Does the whole team have to be present at the pitch session?We recommend that the entire team attends. However, you can choose to have your team represented by one person only.
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Is participation in the kickoff workshop mandatory?No, but it is highly recommended, as you will have the opportunity to meet with investors, industry experts and the >>venture>> team.
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How can I obtain a free intellectual property (IP) voucher from the IPI?During our open competition season, (please refer to our homepage for valid dates) >>venture>> provides our competition participants, with an approved business case submission, with a free Assisted Patent Search voucher. To redeem, kindly submit your business case on our website and send us an email with your voucher request. Once your project is approved for submission, someone from our >>venture>> team will be in touch shortly with more information. About the Assisted Patent Search voucher: if you have an idea or an invention and are wondering if you can patent it, the Assisted Patent Search voucher, valued at CHF 300 will help you to find out. You can take advantage of the knowledge of a patent expert in your specialist field over the course of half a day with the IPI in Bern. He or she will provide you with information on patents and patenting and search together with you in public patent databases.
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