Seedstars World, a Switzerland based startup competition that takes place in emerging markets will on Sunday, August 21 hold its startup pitching competition in Accra to select one Ghanaian startup for a $1.5 prize competition in Switzerland.

The competition will feature twelve (12) Ghanaian startups selected after initial application. The selected applicants will pitch before a selected investment panel and jury.

The startup with the most impressive pitch will be crowned the most promising seed-stage startup of Seedstars Accra 2016 and join the global Seedstars Family to take part in regional and global Seedstars Summits that include bootcamps and investor forum.Seedstars Accra

Winners of the competition in Accra will represent their company and Ghana in Switzerland for a week-long comprehensive program including an opportunity to win up to $1.5m in equity investment on offer.

Requirements for interested startups include at least two years in operation, and maximum funding of $500,000 and must be for profit.

Selected startups will be given 5 minutes to pitch their startups and be ready to answer questions from the jury about their startup.

The aim of the program is to reduce unemployment in emerging markets through the promotion and investment in entrepreneurship.

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