1776 partners with Steve Case's Revolution - Technical.ly DC

Dev

Sep. 11, 2015 8:54 am

1776 partners with Steve Case’s Revolution

The partnership will expand the international reach of 1776's Challenge Cup.

The four winners of the 2014 Challenge Cup.

(Photo courtesy of 1776)

In its third year, 1776 will be expanding its international Challenge Cup startup contest and partnering with Revolution.

1776 cofounder Evan Burfield said that Revolution, the investment firm of AOL cofounder Steve Case, was “just incredibly committed to supporting entrepreneurship in all the places that are not Silicon Valley or New York.”

Case has touted the emergence of startup communities across the country in successive “Rise of the Rest” bus tours.

Revolution’s sponsorship of the Challenge Cup could open up new avenues for funding to participating startups, said Burfield.

“We look at the Challenge Cup as a potential opportunity for investment. So do they,” he said.

In 2016, the Challenge Cup will start out in 50 cities, including Nairobi, Hanoi and Tehran. The local contests will winnow down the field to 135 startups for the next round taking place in nine world regions.

The finalists competing for up to $1 million in cash prizes will eventually face off at the Challenge Festival in June 2016 in D.C.

The Global Entrepreneurship Network, which helped expand this year’s Challenge Cup, will also participate.

Organizations: Revolution, 1776
Projects: Challenge Cup
-30-
LEAVE A COMMENT

Advertisement

Framebridge raises $30M Series C

A pop-up hotel is coming to NoMa

Verodin raises $21M Series B, plans international expansion

SPONSORED

DC

Pitch for up to $360,000 in funding at the WeWork Creator Awards

Philadelphia, PA (or surrounding areas)

Technically Media

Events Coordinator

Apply Now
Philadelphia, PA OR Remote

Stitch, Inc.

Director, Alliances

Apply Now
DC, SF, NYC

Nava

Experienced Software Engineer – Backend

Apply Now

1776 launches accelerator to help startups get ‘investor ready’

How fintech startup Sou Sou is empowering women entrepreneurs

Following $23M Series A, CloudBolt Software plans hiring

SPONSORED

DC

VR is cool, but it isn’t mainstream. This local company has a fix for that

Baltimore/DC

GiveCentral

Outside Sales Rep

Apply Now
Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now
Washington, DC

Technically Media

DC Tech Reporter, Technical.ly

Apply Now

Sign-up for daily news updates from Technical.ly

Do NOT follow this link or you will be banned from the site!