European best destinations 2024 - Riga

Results are announced! We invite Riga startups to apply for participation in the representative delegation at the conference "Slush 2024"

The Riga Investment and Tourism Agency invites startups to apply for a delegation to "Slush 2024", which will take place this year in Helsinki, Finland, from November 20 to 21. It is possible to apply for participation in the representative delegation until October 9, 2024 (at 23:55). Participation includes provided air tickets, entrance cards, accommodation (subject to availability, maximum 3 nights per person) and participation in two events (embassy reception and side event organized by Latvia), as well as the opportunity to present your solutions and meet with investors. Startups in the investment attraction phase and have reached at least the MVP/Prototype stage. As the number of places in the delegation is limited, the best will be selected for participation based on the criteria below.

Participation in the "Slush 2024" conference is an excellent opportunity for a start-up to gain wider recognition and improve its circle of contacts with important industry representatives. In collaboration with our partners, we have developed a carefully crafted program to deliver maximum value and an unforgettable experience at Slush, the epicentre of world-class innovation and change! The participation of the Latvian delegation in "Slush 2024" takes place in cooperation with the Latvian Investment and Development Agency and the Embassy of the Republic of Latvia in Finland.
Slush is not just a technology event – ​​it is a global platform that brings together innovators, founders and investors. With over 20,000 meetings, 3,300 investors and 5,500 founders, this conference is the place to get international experience and inspiration for future projects.

Here is the list of teams that have qualified to join the delegation of the Riga Investment and Tourism Agency to Slush, which is organized in cooperation with the LIAA and the Embassy of the Republic of Lithuania in Finland.

Thanks to all participants for their interest!
 

Criteria Comment

Valuation

The startup is currently in an active investment attraction phase The application must indicate how much funding is currently planned to be attracted.
  • up to EUR 50,999.99 - 4 points;
  • from 51,000.00 to 125,999.99 EUR - 6 points;
  • from 126,000.00 -250,999.99 EUR 8 points;
  • from 251,000.00 EUR – 500,999.99 - 10 points
  • from 501,000.00 and more – 15 points
The materials intended for investment attraction are fully prepared A one-pager and an investor deck must be included in the application.
Complete means it contains complete and comprehensibly presented information about the problem, solution, stage of development of the solution, size of the potential market, team, competitors, potential customers, and the number of investments attracted so far and currently being attracted.
  • no materials: 0;
  • poorly prepared (a part of the materials is missing, the solution, the stage of readiness and the funding to be attracted) are not understood - 1 point;
  • partially prepared materials (incomplete, missing or incomprehensible information) – 3 points;
  • fully prepared materials - 8 points.
Funding raised so far The application must indicate the funding raised so far (only monetary, not goods, services or inventory) and its amount (including from private individuals, cash prizes and grants).
  • 0-999 euros – 0 points;
  • from 1,000 to 25,999.99 EUR – 2 points;
  • from EUR 26,000.00 to EUR 50,999.99 – 4 points;
  • from EUR 51,000.00 to EUR 125,999.99 – 8 points;
  • from EUR 126,000.00 to EUR 250,999.99 – 10 points;
  • from EUR 251,000.00 and more – 12 points.
Stage of readiness The application should briefly describe the readiness stage.
  • MVP/prototype - 1 point;
  • the solution is available on the market - 3 points;
  • there are paying customers - 5 points;
  • there is a profit - 10 points.


The companies included in the delegation will be published here a week after the application deadline and contacted personally.

  • Participant obligations: participation in both events, active participation by inviting investors from their circle of contacts to the events, active involvement in promoting these events and the delegation, participation in the info event in Riga, and looking back after "Slush 2024" in a convenient format (LinkedIn, blog, website). If the company does not fulfil its obligations to RITA, it must repay all related expenses.
  • If your company does not qualify for the delegation or, for some other reason, chooses to attend the conference at its own expense, please inform RITA by writing to the e-mail ieva.felmena@riga.lv. We will include you in invitations to events and inform you about other delegation activities as much as possible.
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