Swiss startup competition >>venture>> is calling for up-and-coming entrepreneurs to send in their applications for this year.

Founded by Dr. Thomas Knecht in 1997, the >>venture>> competition aims to empower young entrepreneurs to develop their viable business ideas into startup companies.

The competition is a joint initiative between public research university ETH Zurich, McKinsey & Company, Swiss transportation company Knecht Holding, Swiss Innovation Agency Innosuisse and the Swiss Federal Institute of Technology Lausanne (EPFL).

>>venture>> is looking for applications from five industry verticals; finance and insurance, health and nutrition, ICT, industrials and engineering as well as retail and customer services. The finance and insurance vertical is the latest addition to their long-standing competition.

Startups joining the competition will have the opportunity to win up to CHF 150,000 in non-dilutive cash prizes, a McKinsey business consulting package and mentorship by industry and entrepreneurial experts.

Startups can submit their application here by March 24, 2021.

If you’re interested in the competition (which is free to apply for), download the free>>venture>> free e-book on the competition. Dubbed the >>venture>> Playbook, the short read provides information about the competition, what’s important to have in your application, and most importantly, insights from their jurors on what makes a winning business case.

For upcoming events on IP, check out www.venture.ch.