Startup Open recognizes 50 promising new startups — from by Mark Marich (GEW global)





In the search to find some of the best and brightest new startups around the world, Global Entrepreneurship Week recently announced the “GEW 50” —a list of the 50 most innovative new companies competing in the Startup Open, a competition that recognizes startups with high-growth potential. These elite ventures will now vie for the grand prize—an all-expenses-paid trip to Rio de Janeiro to serve as an official delegate to one of the world’s largest gatherings of startup champions, the Global Entrepreneurship Congress, in March 2013.

Selected out of a field of nearly 400 applicants, the GEW 50 represent a range of industry sectors—from cleantech and life sciences to agriculture and transportation—and hail from 17 countries. The 50 were judged on concept, growth projections and knowledge of their industry. Each of the competing startups was required to have a “startup moment” between GEW 2011 and GEW 2012 (Nov. 22, 2011 to Nov. 18, 2012). A “startup moment” is anything that can be interpreted as the company is “open for business,” such as becoming incorporated, completing a first sale or securing outside funding.