YOUNG ENTREPRENEUR SUMMIT
ABOUT
The Young Entrepreneur Summit is an international competition for student entrepreneurs from all over the world - organized entirely by students. Every year, we welcome teams from all over the world, give them access to a large network of founders, mentors and experts, and provide a platform to pitch their ideas to judges and investors, according to our slogan - dare to stand out!
We offer a wide range of mentorship, webinars, workshops and coaching opportunities to our participants in order to support them in founding their own business in the best way possible. Therefore, we appreciate anyone who would like to offer their expertise, time and experience – be it teaching, working for a large multinational corporation or founding their own startup – and support our participants throughout the competition.
Additionally, as YES is entirely student-run, we rely solely on sponsors and are always looking for financial support. We offer a wide range of opportunities for advertisement and cooperation and are more than happy to discuss individualized partnerships.
WHAT’S IN IT FOR YOU?
3000 €
FIRST PRIZE
1000 €
SECOND PRIZE
500 €
THIRD PRIZE
ALSO…
Many special prizes, including incubator programs and individual coaching sessions.
Access to a large network of founders, mentors and experts.
A platform to pitch your idea to judges and investors.
A unique, international startup atmosphere at our final event.
WHAT OUR TRIANGLES STAND FOR
MENTORSHIP
Our mentors are accomplished individuals who are familiar with the creation of new and successful ventures. They will supply you and your team with feedback and support and you'll have the chance to meet them in person to receive advice during your one-on-one workgroup sessions.
NETWORK
Because we know how important networking is for developing businesses, you will be given the opportunity to meet upcoming and aspiring entrepreneurs from top universities around the world and exchange ideas to gain valuable insights for your venture. During “speed dating” sessions, coffee breaks, and other activities you will develop a network with leading professionals, entrepreneurs, and investors.
RESOURCES
We will bring in experts during our final event to teach the fundamental skills for venture-building, and we will also award the best ideas with generous prize money.
HOW IT WORKS
FIRST ROUND
Submit a short summary of your startup idea and how you plan on being profitable directly on our website. Applications will be reviewed by the experienced YES team and the most promising ideas will enter the second round. Make sure to watch out for valuable advice/hints on our Instagram page. This will help you find your startup idea and make the best out of your application!
SECOND ROUND
Teams that go through to this round will be asked to submit a more detailed executive summary of their business ideas. You will be guided by questions about your startup’s value proposition, pricing and sales strategy, financing plans and your visions for the future. During the second round, participants will have the chance to take part in online webinars on relevant entrepreneurial topics and lead it toward success. All executive summaries will be evaluated by our mentors who are founders with many years of experience in the startup world.
THIRD ROUND
The best 10 applicants will then enter the final round of the Young Entrepreneur Summit. Each team will be provided with a personal mentor who will advise them on their final YES pitch. The two-day final event will take place in a hybrid format, as participants, mentors, speakers and others will be invited to the campus of Constructor University Bremen. It will be packed with fascinating talks and workshops given by startup founders and entrepreneurship professionals and motivating startup pitches. Get the opportunity to meet inspiring entrepreneurs from all over the world and network with established accelerators and investors. The final 10 teams have the chance to win a boosting prize money as well as several other valuable resources.
TIMELINE
22.10.23 - 04.12.23
First Application Round
Startups can apply through the online application form - coming soon.
30.01.24 - 16.03.24
Online Mentoring
Individual meetings and webinars between the allocated mentors and the participants.
10.12.23 - 08.01.24
Second Application Round
Submission of Executive Summaries and online webinars. After this stage, the mentors make their evaluations.
14.03.24 - 16.03.24
Final Event
The selected 10 finalists pitch their ideas to the jury and the winners are then selected.
APPLICATION REQUIREMENTS
You can apply as an individual or as a team.
At least half of your team has to consist of Bachelor or Master’s students, enrolled in university (October 2022 to March 2023) throughout the course of the competition. Non-university students may work on the startup but will not be allowed to pitch the idea.
Note: YES applicants that have made it to the final 10 teams in previous editions are not eligible for consideration.