emirates7 - The New Media Academy has launched the 1 Billion Pitches competition, a pioneering initiative that will feature prominently at the upcoming third edition of the 1 Billion Followers Summit 2024 in Dubai. The competition offers a unique opportunity for startups and content creators with innovative ideas to connect with major investors and industry leaders, providing them with a chance to secure funding and essential support for their ventures. This aligns with the Summit’s mission to promote innovation and growth in the rapidly evolving content creation industry.
Startups and content creators from around the world are encouraged to submit their ideas by the 20th of September, 2024, for the chance to pitch live during the Summit, which is scheduled to take place from the 11th to the 13th of January, 2025.
Alia AlHammadi, CEO of the New Media Academy, highlighted the importance of the 1B Pitches competition, stating that it reflects the Summit’s dedication to helping entrepreneurs thrive in the media sector. She emphasized that the competition offers participants the opportunity to expand their horizons and gain exposure to top investors, ultimately facilitating the launch of projects that contribute to economic and social progress and a more sustainable future.
AlHammadi further explained that after the submission deadline on the 20th of September, the top 25 ideas will be chosen to participate in a specialized mentorship and training programme led by industry experts. This programme will help the finalists refine their pitches and improve their chances of gaining support and investment during the January event.
The competition is open to startups and content creators worldwide with innovative ideas. To participate, applicants must be at least 18 years old and have a registered business. Each startup is allowed to submit one business idea, and all entries will go through a detailed evaluation process to ensure they meet the competition’s requirements.
Submissions can be made through the Summit’s official website. After the 20th of September, a panel of judges consisting of prominent investors and international experts will the top 25 submissions. These finalists will then present their ideas live at the Summit.
Of these, ten ideas will advance to the second stage, based on both judges' decisions and audience votes. The judges will evaluate each pitch on several criteria, including innovation, feasibility, pitch quality, market potential, creativity, scalability, social and economic impact, leadership qualities, financial viability, and appeal to future investors.
The competition will conclude with two winning pitches, whose creators will complete additional challenges in the third stage. The winners will receive crucial support, such as potential funding, strategic partnerships, and ongoing mentorship to help scale their ventures for long-term success.
With the theme "Content for Good," the 1 Billion Followers Summit will return for its third edition, underscoring the UAE’s goal of becoming a global hub for creative innovation. The Summit brings together leading content creators, industry experts, and major brands, engaging an audience of over 1 billion. It aims to harness the power of new media to drive economic development, societal progress, and sustainability while empowering emerging creators to use their talents for positive change.
Startups and content creators from around the world are encouraged to submit their ideas by the 20th of September, 2024, for the chance to pitch live during the Summit, which is scheduled to take place from the 11th to the 13th of January, 2025.
Alia AlHammadi, CEO of the New Media Academy, highlighted the importance of the 1B Pitches competition, stating that it reflects the Summit’s dedication to helping entrepreneurs thrive in the media sector. She emphasized that the competition offers participants the opportunity to expand their horizons and gain exposure to top investors, ultimately facilitating the launch of projects that contribute to economic and social progress and a more sustainable future.
AlHammadi further explained that after the submission deadline on the 20th of September, the top 25 ideas will be chosen to participate in a specialized mentorship and training programme led by industry experts. This programme will help the finalists refine their pitches and improve their chances of gaining support and investment during the January event.
The competition is open to startups and content creators worldwide with innovative ideas. To participate, applicants must be at least 18 years old and have a registered business. Each startup is allowed to submit one business idea, and all entries will go through a detailed evaluation process to ensure they meet the competition’s requirements.
Submissions can be made through the Summit’s official website. After the 20th of September, a panel of judges consisting of prominent investors and international experts will the top 25 submissions. These finalists will then present their ideas live at the Summit.
Of these, ten ideas will advance to the second stage, based on both judges' decisions and audience votes. The judges will evaluate each pitch on several criteria, including innovation, feasibility, pitch quality, market potential, creativity, scalability, social and economic impact, leadership qualities, financial viability, and appeal to future investors.
The competition will conclude with two winning pitches, whose creators will complete additional challenges in the third stage. The winners will receive crucial support, such as potential funding, strategic partnerships, and ongoing mentorship to help scale their ventures for long-term success.
With the theme "Content for Good," the 1 Billion Followers Summit will return for its third edition, underscoring the UAE’s goal of becoming a global hub for creative innovation. The Summit brings together leading content creators, industry experts, and major brands, engaging an audience of over 1 billion. It aims to harness the power of new media to drive economic development, societal progress, and sustainability while empowering emerging creators to use their talents for positive change.