The seventh edition of MiEmpresa Fair started yesterday in Barclaycard Center, Madrid. This two-day-long event will gather together many entrepreneurs and small business owners willing to learn about new business strategies, exchange ideas and discover how to get a foothold in the job market and how to obtain funding. People attending this event previously had to sign up by completing the form available at the event website, as well as to pay either €25 if attending both days, or €15 if attending just one day. Participants are enjoying numerous speeches and information stands, and new activities such as workshops, expert talks, business advice… However, there is an activity which stands out above the others and which is becoming more and more popular in this kind of events: the Elevator Pitch competition.

Being under the name of ¡Supérate!, this year competition will be a combat between different start-ups which will use all their weapons and fight until the end in order to get the coveted funding to run their projects. All start-ups taking part in this competition are specialized in current fields since they must belong to any of these 10 categories:

    • Apps/Movility
    • Big Data / Social Analytics
    • Bio-tech/ e-Health
    • Collaborative Consumption.
    • E-commerce
    • Fin-tech
    • Marketplace / Community
    • Hardware / Internet
    • SaaS (Software as a Service)
    • Videogames / Gaming

This competition has two stages. Firstly, 40 projects were selected from over 200 applications received. Secondly, selected start-ups will have now to confront each other this afternoon in the room named ‘The Ring’. In this stage, the 10 best projects will be selected. These 10 start-ups will have 3 minutes to present their pitches to judges and other 3 minutes to answer their questions. Judges, who are business agents, investors and venture capital investors, will be responsible for choosing a lucky start-up which will receive a 1,500 euro symbolic prize as well as the opportunity to negotiate with investors and members of the jury in order to obtain the needed funding to run its project. If you are interested in this start-up duel, you can find more information on the event website.

If you are passionate about the world of new technologies, project development, business ideas, start-ups…then you can’t miss this fair. However, don’t worry if you can’t travel to Madrid! Here you have the social media profiles of this event for you not to miss its final stage.