Kipuwex Ltd is one of the 100 impressive startups selected to join the Entrepreneurship World Cup (EWC) Global Finals that will be held on 9-12 March. The competition is part of Biban 2023, the largest event for entrepreneurs and small-to-medium-sized enterprises in Saudi Arabia. Kipuwex competes alongside startups from 53 countries for a share of US$1 million.
The Entrepreneurship World Cup is one of the largest and most diverse pitch competitions and support programs for up-and-coming founders. Every year, entrepreneurs compete for cash prizes and millions more worth of investment, support, and publicity.
“We are thrilled to be recognized as one of the top 100 companies in the Entrepreneurship World Cup”, said Marko Höynälä, CEO and Founder of Kipuwex Ltd. “This is a testament to the hard work and dedication of our team, and we are proud to be a part of such a prestigious group of companies. We look forward to leveraging this opportunity to connect with other entrepreneurs, investors, and partners who can help us scale our business and bring our vision to life”, he added.
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 boot camp, 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).
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.
Media Relations, Kipuwex Ltd
About Kipuwex Ltd
Kipuwex is a small and wireless, complete remote monitoring and pain assessment IoMT device, which measures 12 different physiological parameters, including pain in near future. The device is attached to the patient’s chest with a disposable ECG sticker. It measures more physiological parameters than any other similar device on the market. Kipuwex has been developed in a way, that is affordable for developing countries as well. The company is committed to combatting healthcare inequality and helping millions of people. Kipuwex’s vision is to become a world-leading company in the pain management domain.