European Union Youth Startup Competition 2024 in Hungary

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Introduction

The European Union Youth Startup Competition 2024 is the perfect opportunity for you. This international competition is an initiative of the European Commission as part of the European SME Week. The EU Youth Startup Competition (YSC) is open to young entrepreneurs aged 18 to 25 who are developing innovative start-up ideas to address some of the world’s most critical challenges. YSC 2024 is a prestigious startup competition that will allow participants and young entrepreneurs to showcase their groundbreaking ideas. The 2024 Youth Start-up Competition encourages entrepreneurs to apply and shape the future. This startup contest 2024 is completely free to enter and is a fantastic competition for startups. So, if you are an entrepreneur with a startup, the European Commission Youth Startup Competition is for you. Make sure to read till the end and apply before the deadline.

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Benefits

  • The YSC winner and finalists will attend the SME Assembly in Budapest, Hungary, from 18-20 November 2024.
  • During the Youth Startup Competition session at the SME Assembly, finalists will have to pitch their startup ideas live to the jury and audience.
  • It is an excellent opportunity to showcase innovation and entrepreneurial skills.
  • Startups will receive recognition and validation of their startup concept on a European platform.
  • In addition, participating in the SME Assembly 2024 offers more than just exposure. It provides a valuable opportunity to network with potential investors and partners.
  • The event includes workshops, panel discussions and networking sessions where young entrepreneurs can gain insights, expand their knowledge and develop collaborations with industry experts.


Eligibility

  • To apply for the Youth Startup Competition, applicants must be between 18 and 25 years old.
  • Entrants must be residents of any EU or COSME country.
  • Moreover, startups should follow the theme to be eligible for the YSC 2024. The Start-up idea should, therefore, promote sustainability and align with EU values.
  • If the start-up is a legal entity, it must be registered in an EU or COSME country.
  • Similarly, entrants will have to submit a short video (maximum 3 minutes) covering the concept of their start-up idea, the relevance of their idea today and a brief overview of their business plan.
  • Applicants will also be required to upload or send their ID card as a requirement for the European Union Youth Startup Competition.
  • Only one entry per applicant is allowed for this startup challenge.

Selection Criteria:

  • Creativity: Ideas should be innovative and original.
  • Originality: Ideas with the potential to attract public interest and media attention.
  • Communication: The presentation of the idea should be clear and compelling.

Others

Documents Required for the 2024 Youth Startup Competition:

  • Short video (maximum 3 minutes)
  • ID Card
  • Own picture (jpg)


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