In the world of startups and innovation, one competition stands out for its focus on sustainability and the future of our planet— ECOTHON (Eco-entrepreneurs’ Marathon) 2023. This year, Safari Techs Holdings secure the 2nd Prize in the ECOTHON competition. This is an annual event that challenges startups to forecast their product’s impact on sustainable development.
ECOTHON Offer Unlocking Sustainable Business Potential
ECOTHON : A Platform for Sustainable Innovation
The ECOTHON in ASEAN is not just any competition. It is a platform that fosters innovation in business ideas and models with a focus on achieving Sustainable Development Goal 12 (SDG-12) in the ASEAN region. Ministry of SMEs and Startups of the Republic of Korea are the host for this competition. It also co-organized by partners like Hanns Seidel Foundation Vietnam, ASEM SMEs Eco-Innovation Center (ASEIC), and various ministries and local partners in selected ASEAN countries.
Quality Training, Coaching, and Mentoring
One of the standout features of the ECOTHON competition is the comprehensive support it provides to its participants. Futhermore, startups are exposed to a series of invaluable experiences. This include mentoring sessions and coaching from esteemed business experts hailing from Korea and Asia-Europe countries. This guidance plays a role in honing the entrepreneurial skills of the participants, helping them develop their ideas into viable and sustainable businesses.
Crafting a Solid Business Foundation with ECOTHON
Participating in the ECOTHON challenge the startups to refine their concepts. These stages include:
- Business Plan: Participants are tasked with creating a solid business plan. This is to ensure they have a clear and strategic vision for their venture.
- Financial Plan: Startups must present a well-structured financial plan that demonstrates the feasibility and profitability of their ideas.
- Pitching Plan: The ability to convey their ideas effectively is crucial for startups. Pitching plan help us refine our presentation skills.
ECOTHON’s Process – Online Coaching, Live Mentoring, and Demoday.
Safari Techs Shines as ECOTHON Runner-Up
For Safari Techs Holdings, our dedication and hard work paid off as we secured the 2nd Prize in this competition. We earn a substantial cash prize of 1,000,000 KRW. These financial rewards validate our innovative concepts and support our further development.
Winning the ECOTHON opens doors to even greater opportunities. Successful startups are supported in participating in the ROK-ASEAN SDGs Business Model Competition, the COMEUP Global Startup Festival (with a chance to win the 1st Prize money), and other regional and global networking events. This exposure to a wider audience and potential investors can be a game-changer for the winning teams.
Building a Sustainable Future Together
Another significant advantage for ECOTHON participants is inclusion in the ECOTHON Alumni Network. This network offers a chance to collaborate, share insights, and continue learning from fellow innovators in the field of sustainability. Additionally, it fosters ASEAN-wide networking, promoting cross-border collaboration and knowledge sharing.
In conclusion, Safari Techs Holdings’ success in the ECOTHON is not only a testament to our innovation. It also a beacon of hope for a more sustainable future. This competition serves as a catalyst for startups in the ASEAN region to envision and create businesses that prioritize environmental, social, and economic sustainability.
Ecothon Focusing on Product Aligning with SDG.