The Next Big Thing: UNICORN Startup Competition Crowns Game-Changing Innovators

Unveiling the Trailblazers of the UNICORN Startup Contest 2023

1 min read

Key Takeaways:

  1. if.team clinches first place in the UNICORN Startup Competition, winning $3000.
  2. Over 130 teams participated globally, with 30 mentors providing extensive startup guidance.
  3. The competition’s prize pool boasted $8,500 in cash and $10,000+ in non-cash rewards.

A Global Stage for Startup Talent

The UNICORN Startup Competition, an esteemed contest for startups from Ukraine and the EU, recently concluded with a grand reveal of its winners. Organized by Sigma Software Group, this competition attracted more than 130 teams worldwide, showcasing a broad spectrum of innovative ideas and business models.

The Winners’ Circle

  • First Place Triumph: if.team, a project management platform, emerged as the competition’s champion, securing a cash prize of $3000 for their advanced cost management functions.
  • Second Place: SplineCloud, a knowledge-sharing platform in engineering, grabbed the second spot, winning $1500.
  • Third Place & Special Prize: Adminix, known for optimizing business operations through automation and AI, not only bagged third place with a $1000 prize but also received an additional $3000 from SID Venture Partners.

Mentorship and Networking at Its Best

The UNICORN Startup Competition was more than a contest; it was a comprehensive incubator for emerging businesses. Over 30 mentors conducted 50+ sessions, imparting key business development skills. Additionally, two networking events brought together over 150 participants, facilitating valuable exchanges and advice from seasoned speakers.

A Hybrid Format for Maximum Reach

Adopting a hybrid format, the competition unfolded in both Kyiv and Warsaw. This approach included educational webinars, networking events, and multiple pitching opportunities, providing startups with the chance to engage with influential investors and forge meaningful partnerships.

The UNICORN Concept: Empowering Startups

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Daria Yaniieva, Investment Director at Sigma Software Labs, elaborated on the competition’s ethos: “The updated UNICORN concept is about the potential of our ecosystem, about bringing together funders, mentors, and investors, sharing experiences, and expanding networking. We aim to make UNICORN the #1 program for Ukrainian tech startups.”

UNICORN’s Evolutionary Journey

Originally the IT_EUREKA competition, founded in 2014, UNICORN has evolved to become a significant platform for tech startups. Over eight years, it has featured over 900 projects with more than 2,200 participants, symbolizing Sigma Software’s commitment to fostering a global startup ecosystem.

Sigma Software Labs: Investing in Innovation

As an investment wing of Sigma Software, Sigma Software Labs leverages its network to scale portfolio startups. Focused on companies where it can actively partner in growth, Labs’ strategy encompasses B2B contacts, fundraising opportunities, and access to Sigma Software’s extensive resources.

Sigma Software Group: A Pillar of IT Expertise

Sigma Software Group, a top-tier IT consultancy, stands tall with over 2,000 employees across 38 offices in 17 countries. Trusted by more than 300 customers, including Fortune 500 companies, Sigma Software has consistently featured in IAOP’s World’s Top 100 Outsourcing list since 2015.

Conclusion: Nurturing Tomorrow’s Business Leaders

The UNICORN Startup Competition exemplifies the vibrant ecosystem of startup innovation. By nurturing talent and providing platforms for growth, competitions like UNICORN play a crucial role in shaping the future of global entrepreneurship.

For Further Information and Media Inquiries:

Visit: Sigma Software Labs and Sigma Software Group


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