Streamlining Global Startup Competitions: A Case Study of the Entrepreneurship World Cup and OneValley's PassportOS

In the dynamic world of startup competitions, efficiency and centralized management are crucial for success. This case study explores how OneValley's PassportOS technology helped the Entrepreneurship World Cup (EWC) tackle significant logistical challenges and achieve remarkable outcomes.

Challenges faced by Entrepreneurship World Cup's application management

The EWC, one of the largest and most diverse startup pitch competitions globally, faced numerous challenges, including:

• Managing a high volume of applications: With thousands of startups vying for a spot, processing applications efficiently was a daunting task.
• Coordinating asynchronous events: Events were held across multiple countries and time zones, complicating scheduling and coordination.
• Streamlining logistics: Ensuring a smooth and efficient application process required overcoming various logistical hurdles.

Objectives set by Entrepreneurship World Cup

To address these challenges, the EWC aimed to:

1. Centralize data: Provide a single, unified platform for all application-related data.
2. Streamline the application process: Optimize and simplify the process for applicants and judges.
3. Enhance user experience: Improve the overall experience for both applicants and judges.
4. Efficient selection process: Identify the top 100 startups from thousands of applications.

Solutions OneValley's PassportOS offers

OneValley's PassportOS technology played a pivotal role in meeting these objectives. Here's how:

• Streamlined Application Process: PassportOS provided a single link for competitors and judges to access the appropriate country and competition, significantly reducing manual labor.
• Centralized Data: The technology centralized data and offered real-time visibility, allowing the EWC team to track progress and make improvements dynamically.
• Enhanced User Experience: PassportOS included prompts and incentives, encouraging application completion and unlocked rewards for hitting milestones.

Before implementing PassportOS, the EWC relied on aggregated sheets and siloed processes to manage applications, which was far less efficient.

The partnership between the EWC and OneValley yielded impressive results:

• Total Applicants: 247,800 applications were received.
• Events Hosted: 249 events were conducted globally.
• Global Viewership: The competition attracted 141,900 viewers worldwide.
• Increased Application Completion: The user experience improvements led to a 400% increase in application completion rates.
• Finalized Applications: 48,225 applications were finalized.
• Perks Redeemed: Entrepreneurs redeemed $5.8 million in perks.

These outcomes underscore the EWC's success in selecting the best startups from a diverse global talent pool.

In partnership with OneValley and their innovative PassportOS technology, the EWC successfully streamlined its application process and simplified competition logistics. The impressive number of applications, events, and global viewership highlighted the competition's reputation as a leader in startup support and recognition. PassportOS played a crucial role, providing a seamless experience for competitors and judges, centralizing data, and significantly reducing the manual labor involved in managing applications.

About OneValley and PassportOS

OneValley has been a trusted innovation partner, helping groups win government funding and run their accelerators using their Innovation-as-a-Service platform, PassportOS. Leveraging a deep network of partners and regional stakeholders, OneValley ensures the success of innovation ecosystems.

EWC's collaboration with OneValley and utilization of PassportOS exemplify how cutting-edge technology can transform the management and execution of global startup competitions.