Inaugural ATM Draper-Aladdin Start-up Competition will see 15 finalists battle it out
Arabian Travel Market start-up pitch competition offers up to $500,000 funding
Up to half-a-million dollars in funding is up for grabs in a start-up competition that will take place at this year’s Arabian Travel Market in Dubai.
The annual trade show will see 15 finalists pitch for the investment in the inaugural ATM Draper-Aladdin Start-up Competition in association with ATM Travel Tech.
The five-minute pitches will be featured on the Travel Tech Stage at ATM which takes place between May 9 and 12. Finalists will face questions from a panel of industry judges.
Danielle Curtis, exhibition director ME at Arabian Travel Market, said: “The ATM Draper-Aladdin Start-up Competition offers an incredible opportunity for entrepreneurs from across the industry to pitch their business plans in front of our expert judges, not to mention a global audience of industry professionals and investors.
“In addition to pitching for up to $500,000 of investment at ATM 2022, the winning start-up will be given the chance to compete for a further $500,000 of funding on Tim Draper’s hugely popular television show, Meet the Drapers.”
Start-ups from travel and transportation, hospitality tech, and experiences and attractions, have been invited to enter the competition.
The overall winner will receive a minimum of $30,000 up to a maximum of $500,000 investment and a DASC Certificate and two runners up will receive the DASC Certificate.
For the winner appearing on Meet the Drapers, will see them gain access to a crowdfunding network of 12 million viewers.
“The aim of the ATM Draper-Aladdin Start-up Competition is to help intensify the race to a sustainable future for travel and tourism,” added Curtis.
In addition to a place in the competition, each finalist will have the opportunity to procure a pod located in ATM 2022’s start-up area, access to a booking and matchmaking platform powered by AladdinB2B and Draper VC, and global exposure through ATM Travel Tech’s marketing platforms.
The competition’s panel of expert judges will also share their start-up experience, offering tips on the most effective fundraising methods, the biggest challenges faced by new ventures, and the best channels to reach investors.
“Any start-ups that are interested in taking part can visit the ATM Travel Tech page to find out more about this exciting competition,” said Curtis.