The Digital Freedom Festival, in cooperation with Latvian Business Angel Network (LatBAN) invites pre-seed startups to submit applications for the November Investment Session. For the first time, the top 10 startups will have an opportunity to present their business ideas to Latvian and international business angels at the Digital Freedom Festival taking place on November 28. that the festival will welcome up to 1300 participants from the whole region, including investors, corporate executives and journalists.
This year the festival aims at 1300 participants from the whole Baltic region, including investors, corporate executives and journalists.
“Startup Pitch is an ideal place for startups to test their idea and ascertain that it is indeed brilliant and full of potential, or on the contrary — to understand that further investment of time and energy will not bring any benefit. Whereas for investors this is an opportunity to catch their “golden fish” having a rapid growth potential and to release it from Latvian lakes into international waters.”, says Uldis Leiterts, Co-founder of the Digital Freedom Festival.
Motivated startup teams with a developed or almost developed product prototype are invited to apply for the competition. Special attention will be paid to the marketing strategy of the offered product or service.
Investors are also invited to apply for the Investment Session
Investors are also invited to apply for the LatBAN Investment Session, where they can get in touch with projects, make sure that there are long-term growth prospects and consider the possibility to make investment decisions.
Juris Birznieks, Founder and Member of the Board of LatBAN: “During the Startup Pitch, investors will also have an opportunity to assess international projects and to compare them with Latvian startups in terms of quality and growth potential. The Pitch will also provide an opportunity for investors to make investments in startups jointly with foreign investors attending the event.”
Rules of application
To apply for the Investment Session, startups must fill in the application form for the November Investment Session available on the international private investors’ platform gust.com until November 5. Finalists will be announced on November 9. To participate in the final session of the competition, the top 10 startups will be invited to purchase Digital Freedom Festival Startup Pass.
Investors are invited to send their applications to Aiga Kalbjonoka at aiga.kalbjonoka[at]latban.lv. The final session of the competition for investors is free of charge, but they will need admission tickets in order to attend other parts of Digital Freedom Festival.
Two-day festival tickets are available for purchase at www.digitalfreedomfestival.com.