Ever found yourself cursing your luck because your start-up just isn’t getting the traction you believe it deserves. You’ll see yourself put it off on a dozen different things; that it’s ahead of it’s time, that the target market just doesn’t have the awareness, that the users aren’t literate enough to realise it’s potential. More often than not, however, there’s a flaw within either your offering or your business plan that you cannot yet comprehend and/or understand – this is where Startup challenges come in. Above the competitive nature of these events, they provide a vast resource of experts with knowledge and experience exactly as you require.
The Reconnect challenge is an open-for-all arena for all start-ups from within the South and Central Asian region with an expert base spanning three continents and a grand prize of $25,000. Other prizes include $15,000 for second place and $5,000 for third place and well as three openings in one of the largest start-up exhibitions in the world – TechCrunch’s DISRUPT Europe along with 5 openings at TechInAsia’s event in Jakarta.
Beyond the endless expanse of individuals and institutions not only able and willing but eager to impart their collective mounds of knowledge on to the participants, opportunities such as this also allow budding entrepreneurs exposure to what else is out there. You may find start-ups with functions complementary to your own, hence opening up the possibility of establishing partnerships and contracts. There will be people and purposes that could inspire you to do even more than you already have and are eventually leading to the betterment of not only your product but of the initiative that drives it.
In order to read more about the eligibility criteria and to access some of the most common questions alongside their answers, click here. For full details regarding their initiative, visit the REC@NNECT website.