Applications are now closed. We will be announcing the finalists soon!
00
days before winners announcement
What you’ll get
Winners
Boost your startup with the top three winning prizes:
1st Place
$30,000
2nd Place
$20,000
3rd Place
$10,000
Finalists
Get access to the inDrive mentorship program and guidance from industry top experts.
Benefit from PR support to attract new target audience and partners/investors.
Join an international network of like-minded entrepreneurs.
Every applicant
Reviews by VC fund experts:
Enhance your startup's potential with feedback from VC analysts
Increase your chances of receiving investments
How it started
We know the struggle — we started out as an Underdog ourselves. It can be tough to keep moving forward towards something you believe in with so many obstacles in your way. Sometimes, to shine you just need a bit of support.
To do our part, we roll out social justice projects that maximize the positive impact of inDrive in global communities.
Our mission is
To challenge injustice in an effort to make the world a fairer place for 1bn+ people by 2030
Rules of the Underdog Tech Award
01
Okay, you are a founder and a C-level executive. First, make sure your startup:
Was founded in the last 5 years
Already has an MVP
Hasn't raised investments larger than seed ($4 million)
Has never participated in any international conferences
02
If all is good, complete the application and attach your PDF-presentation before November 28
Product: MVP, plans for the product development, technology
Unit economics and business model
Scalability
Team
Impact & mission
Why do think you should win the Award?
03
After that analysts from VC funds will review and evaluate all projects based on these criteria:
Personal
Leadership skills
Startup
Potential size market
Scalability
Ability to generate profit
Unique competitive advantage
Product market fit
Go-to-market strategy
Team potential
Mission driven/social impact
Underdog startup (why are you underestimated—challenges/disadvantages overcomed)
04
Finally, our jury will assess the “impact” criteria with a focus on startups that have a mission to create positive change in people's lives by challenging injustice
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