TradeWaltz Inc Advances to Entrepreneurship World Cup Global Finals ～TradeWaltz Inc will compete alongside startups from 53 countries for a share of US$1 million ～

Tokyo, Japan — Feburary 22^nd , 2023 — TradeWaltz Inc is one of 100 impressive startups selected to compete for a share of US$1 million at the Entrepreneurship World Cup (EWC) Global Finals, organizers announced today. The finals are set to take place March 9-12 at Biban 2023, the largest event for entrepreneurs and small-to-medium-sized enterprises in Saudi Arabia. 

The Entrepreneurship World Cup, co-hosted by the Global Entrepreneurship Network and the Small and Medium Enterprises General Authority in Saudi Arabia, Monsha’at, is one of the largest and most diverse pitch competitions and support programs for up-and-coming founders. Every year, entrepreneurs compete for a share of US$1 million in cash prizes and millions more worth of investment, support and publicity.  

“We are very honored to be selected as one of the 100 EWC Global Finalists. Although trade platform services are gaining recognition around the world these days,” said Satoru Someya, Managing Director COO, TradeWaltz Inc. “we would like more people around the world to recognize the activities of a cross-industry information hub like TradeWaltz, which connects trade practitioners and platforms around the world, as if it originated in Japan. We hope that this opportunity will help to make this happen.”

Since launching in 2019, EWC has attracted more than 400,000 registrations from 200 countries and connected founders with over US$3 million in cash prizes and another US$256 million worth of perks and free support and services.

The 100 finalists, known collectively as the EWC 100, were selected after succeeding in qualifier competitions and activities around the world. The top performing 250 companies were invited to participate in a three-day bootcamp, with 100 selected to pitch at the Global Finals.

“These companies and their founders have wowed us at every stage of the competition,” said Jonathan Ortmans, president of the Global Entrepreneurship Network. “They are on course to change lives with innovative solutions to the world’s most pressing challenges.”

The EWC 100 are based in: Africa (6), Asia (17), Europe (28), Middle East (12), North America (14), Oceania (2), South America (20) and the Caribbean (1).

While in Riyadh, the EWC 100 will experience Saudi Arabia’s emerging startup scene. In recent years, the ecosystem has seen transformational growth, reporting record highs in venture capital investments in 2020, 2021, and 2022. 

In addition to competing for the grand $300,000 prize, startups will also vie in specialized categories based on sector (including tech and space and sustainability and environment) and impact (including social impact, sustainable development goals and women-led companies).

All 100 global finalists will receive $100,000 in in-kind services from partners such as AWS, Freshworks, Google Cloud, Hubspot, Stripe, Zoom and more.

The Entrepreneurship World Cup is made possible with support from a collection of national and global partners including One Valley, The Global Education and Leadership Foundation (tGELF), Entrepreneurs’ Organization, King Abdullah University for Science and Technology and Startup Genome. The Misk Foundation is a founding partner.

For interviews and further inquiries please contact: 

Yurie Saito
Media Relations, TradeWaltz Inc.
tw.pr@tradewaltz.com

About TradeWaltz Inc
TradeWaltz is a DX startup that transforms paper-based, analog trade in Japan and Asia into fully electronic, blockchain-based trade. After about 4 years of system development, technology demonstration, law revision proposals, and business conception, the service was launched. The service was developed through an all-Japan trade consortium including 15 investors: NTT DATA Corporation, Toyota Tsusho Corporation, UTokyo Innovation Platform Co., Ltd, Mitsubishi Corporation, TW Link Corporation (Joint Venture of Kanematsu Corporation), Tokio Marine & Nichido Fire Insurance Co., Ltd, Toyoshima & Co., Ltd, Kamigumi Co., Ltd, FUJITRANS CORPORATION, Mitsui-Soko Holdings Co., Ltd, Nissin Corporation, MUFG Bank, Ltd, Marubeni Corporation, Mitsubishi Logistics Corporation and Sompo Japan Insurance Inc.
https://www.tradewaltz.com/en/

About the Entrepreneurship World Cup
The Entrepreneurship World Cup is one of the largest and most diverse pitch competitions and support programs of its kind. Every year, tens of thousands of entrepreneurs from 200 countries compete for US$1 million dollars in cash prizes and millions more worth of investment, support and publicity through national pitch competitions, bootcamps and a global finals event attended by leading investors. However, the Entrepreneurship World Cup is more than just a pitch competition. Co-hosted by the Global Entrepreneurship Network and Monsha’at with support from more than 100 partners world-wide, the competition connects applicants at all levels – from idea stage to scale-up – with world-class training, resources and mentorship to enhance their skills and take their ventures to the next level, regardless of whether or not they top the podium. To learn more, visit
www.entrepreneurshipworldcup.com.