Program Details

Fintech Valley Vizag is conducting $1Mn Challenge as part of Vizag Fintech Festival to enable startups to showcase their solutions and get a chance to win upto $1Mn in funding and setup their office in Vizag. Applications are invited from startups in following tracks




Why Participate?
  • Prize money for two winners of each Track
    • $150K as First Prize
    • $100K as Second Prize
  • $10,000 award for 25 finalists
  • Access to VCs and Enterprises to pitch your story
  • Complimentary exhibit space in the Startup Exhibition at the conference
  • Five-minute video featuring the finalist or winner will be uploaded to the conference website for public viewing
  • Gain access to India market
Who Can Apply?
  • $1Mn Challenge is open to early to growth stage companies
  • To qualify a company must be less than 7 years old
  • Any individual who is a co-founder or CXO or an authorized representative of a technology startup can register
  • The last date for application:
    • Online application: 20th September 2018
    • North America Roadshows: 1st September 2018
    • Rest of the World Roadshows: 10th September 2018
Application Screening & Roadshows

A carefully chosen panel of experts in selected Tracks will screen the applications. Each startup will be scored on Business Model, IP, team and willingness to setup their office in Vizag post the event.

Selected Startups which complete their applications before the date of Roadshows will be invited to present at the Roadshows in front of a panel of corporate partners and investors. Roadshows are planned across the globe.

Apply for the $1Mn Challenge here
North America
Challenge Roadshows being conducted in
  • San Francisco
  • Chicago
  • New York
  • Tel Aviv
  • London
  • Paris
  • Hong Kong
  • Bangalore
Demo Day and Awards Ceremony

25 finalists will be selected to pitch their startup to win the Final Award and Prize Money. $1Mn Challenge winners will be announced by email and on our website at 6PM on 25th October 2018. Awards ceremony will be held at the Vizag Fintech Festival on 25th October 2018.


All information about the Judges, their associations and scoring patterns and information related to selection process will be held confidential. Each Judge will work independently and will not know the scores or identities of the other judges. Judges are selected by invitation only.

Rules & Regulations