THE BEST IDEA PITCH @ NxSE 2017
AFRICARENA & NxSE PRESENT
«THE BEST IDEA PITCH»
This year, Africarena & NxSE are partnering to gather the best startups of the ecosystem to pitch at Africarena 2017
**What is the Best Idea Pitch?**
The BIP is a pitch contest, on the elevator pitch format. An elevator pitch is an oral communication exercise that involves introducing yourself and your project to a partner or potential investor at a hierarchical level that is higher than yourself and whose time is short.
The expression refers to the very short duration of the intervention: it must be carried out during a “journey” in an elevator. The comparison is based on the typical situation of an employee who crosses the manager of his company in the elevator, and must convince him before the doors open!
In the startups’ world, a pitch is a very common format for an entrepreneur to quickly present his project to a venture capitalist or a business angel to convince him to invest: the quality of an idea is then judged from the pitch, and also from quick questions to eliminate weak teams or bad ideas.
At the BIP, the participants will have to convince in English the jury of experts in 2 minutes + 1 minute of Q&A.
Why in English? Because the winner will be chosen to wear the colours of La Réunion innovante at Africarena in Cape Town (South Africa) on November 6 and 7, 2017!
**Top 3 reasons why attend Africarena**
**The event will offer a unique platform for 50 of the very top African start ups to pitch on open innovation challenges and to investors**
**Given the variety of investors present from the VC, Angels and Private Equity community in African and Europe, it is an opportunity for startups to meet many potential investors**
**The event is a great networking opportunity the leaders of the African tech industry (incubators, entrepreneurs,) but also with key people in innovation positions in large international business**