March 12, 2021
This year, in collaboration with Pegasus Tech Ventures, Exponential Partners will host the Startup World Cup 2021 Mongolia Regional Event that is coming up on May 7th, 2021 on a virtual platform. Leading corporations and investment firms are joining to support in bringing the Startup World Cup to Mongolia and helping build the local startup ecosystem. MCS Investment is the co-organizer for this year’s Mongolia Regional and Premium Group, Socratus Startup Studio, TESO Corporation, EY Mongolia & MahoneyLiotta are joining as sponsors.
Startup World Cup is looking for the best and the brightest startups to apply to compete. The selected top 10 applicants will present and the Mongolia Regional winner to receive an investment prize* from MCS Investment. The winner of this event will join the 60+ other global finalists at the Startup World Cup Grand Finale series, in which they will receive a shot to win a US$1,000,000 investment prize in San Francisco on November 12, 2021.
This event will be an opportunity for startups to network with top tier investors, develop corporate partnerships and hear from top industry experts.
The participants can join through the following link: https://www.exponential.partners/swc2021.
The Startup World Cup Mongolia Regional startup application regional deadline is Monday, April 19th, 2021.
Startup World Cup Grand Finale is the largest startup pitch event in the world. The Startup World Cup Mongolia Regional is part of the Startup World Cup global competition, with regional events in 60+ cities around the world, including more than 50,000 attendees and 10 million reach across the world. The mission of Startup World Cup is to highlight the best technology startups in regions around the world, and to connect those startups into the global innovation ecosystem.
About Pegasus Tech Ventures
Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley with $1.5 Billion in Assets Under Management. Pegasus offers intellectual and financial capital to emerging technology companies around the world. In addition to offering institutional investors a top-tier venture capital investment approach, Pegasus also offers a unique Venture Capital-as-a-Service (VCaaS) model for large, global corporations that wish to partner with cutting-edge technology startups. Some of the 35+ corporate partners that have signed up to work with Pegasus include ASUS, Aisin, SEGA, Sojitz, and Omron. These corporations are able to have access to 180+ Pegasus portfolio companies such as SpaceX, 23andMe, SoFi, Bird, Color, App Annie, and many more. To learn more, visit www.pegasustechventures.com.
About Exponential Partners
Exponential Partners is a boutique investment brokerage and growth advisory firm based in Ulaanbaatar, Mongolia. The Founders also organize the largest executive summits and leading edge executive workshops for the leading companies in Mongolia.
About MCS Investment
MCS Investment is an investment portfolio management & holding company of MCS group, one of the largest conglomerates in Mongolia, operating in ICT and digital technologies, engineering, energy, real estate, FMCG, mining, health and hospitality.
About Premium Group
Premium Group is one of the leading group companies in Mongolia operating within the construction, mining, engineering and the retail sectors. The group is widely known in Mongolia for its quality and know-how in construction, mining, engineering as well as operating the largest chain of convenience store “CU” in Mongolia.
About Socratus Startup Studio
Socratus Startup Studio is the subsidiary arm of Gund Investment, specialized in providing 2-year comprehensive system engineering-based programming incubation services and seed, pre-seed funding to innovative startup business ideas and startups. Since founding in 2018, Socratus have invested over 2.5 billion tugriks to 10 startups, such as chatbot.mn, melearn.mn, STS Foods, Shimt Education, Brighton and Yag Tech etc.
About TESO Corporation
The TESO Corporation was founded in 2003 with the motto “To compete in the world” and has become a major domestic manufacturer, currently operating with 14 companies. The TESO Corporation is committed to managing the scale of management and management at the company level, and has worked on food products, construction, mining, transportation, foreign relations, import and export.
About EY Mongolia
EY is dedicated to helping organizations solve their toughest challenges and realize their greatest ambitions – from startups to Fortune 500 companies – and the work EY does with them is as varied as they are. EY Mongolia has extended its range of service offerings to include provision of legal services. EY Lawyers work closely with law firms in the global EY network, EY law can bring together legal professionals from around the world and works alongside professionals from other parts of EY’s businesses, including assurance, tax, transactions and advisory to provide clients with a wide range of legal services.
MahoneyLiotta is an amalgamation of some of the most experienced legal service providers and specialists from Mongolia and abroad. Established in 1997, the firm and its attorneys provide reliable, experienced and ethical advice to their diverse and select client base and are well positioned with the onset of rapid growth in Mongolia’s emerging market. It is committed to client service, understanding that many clients may not fully understand the complexities unique to the development of Mongolia.
*The investment prize comprise from cash and other benefits which will total to MNT100,000,000, further information will be provided soon.