The Venture FAQ's - What is the venture and who can enter?

WHAT IS THE VENTURE?

The Venture is a global search to find and support the most promising startups with the potential to succeed financially and make a positive impact on the lives of others.

The most promising startups - one from each country participating in The Venture - will make it to the global final and have a chance to win a share of $1 million in funding.


WHO CAN APPLY FOR THE VENTURE?

We are looking for social entrepreneurs who have a registered, for-profit startup or business. We are searching for businesses in seed stage (which means the product is still in prototype stage and the business is not yet generating revenue from customers or users yet), startup stage (which means the business has a working prototype of its concept, ideally with some demonstrable user traction, generating a maximum of US $500,000 - or local currency equivalent - in annual revenues and has been incorporated for no more than three years) or growth stage (which means the business is beyond the working prototype stage, and can show significant user traction and sales, generating a maximum of US $1 million - or local currency equivalent - in annual revenues and has been incorporated for more than three years).

You will have a strong vision, a compelling idea and a solid business plan. You'll also need to showcase how your business has a positive impact and articulate how funding would help to take your business to the next level. You must be over 25 to enter The Venture.

Make sure you check out your local Terms & Conditions should you choose to apply for further eligibility requirements.

Below is a list of the countries that are participating in The Venture. In order to enter as a potential startup or startup idea, your resident country must be in the list below.

Argentina
Australia
Belgium
Brazil
Bulgaria
China
Colombia
Czech Republic
Dominican Republic
Germany
Greece
Gulf
Hong Kong
Hungary
Israel
Japan
Kenya
Malaysia
Mexico
Nigeria
Netherlands
Poland
Portugal
Romania
Slovakia
South Africa
Spain
Thailand
UK
US

How to Apply:

If you are interested in this opportunity, Click here to apply for the Chivas Regals’ The Venture 2018 Competition


Application Deadline: 9am GMT October 29th 2017

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