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Are you Australia’s most innovative startup? Investible is looking for you to represent the country at OTEC

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Trevor Folsom and Creel Price, cofounders Investible

Over the month of May, Investible will hold seven pitch battles across Australia and Southeast Asia, to find the most innovative startups to compete in the semi finals of the ultimate international pitch battle – OTEC Kunming, with winners qualifying for the finals in Beijing.

As one of the most active early stage investment groups in Australia, Investible alongside local investors and venture capitalists, will judge the most innovative startups based on the founding team, market traction and ability to scale technology into new markets based on the Invisibility Index.

Having heard thousands of over-engineered pitches throughout his career, Investible co-founder Creel Price suggest startups should aim to be succinct, speak frankly, with confidence and authenticity, and have an ask of investors with a monetary value.

“If you can’t say what you do in one succinct sentence, that an average person would understand, then chances are the average angel investor won’t understand either,” explains Price.

How is the competition structured this around?

Teams will have just four minutes to pitch and four minutes for Q&A.

The winning startup from each country will receive flights and accommodation to complete at the OTEC 2019 Semi finals in Kunming, connections with China’s top venture capitalists, peer to peer networking with other exceptional global startups, and a one-on-one investment meeting with Investible’s Investment team.

For the first time in four years, Investible have extended their Overseas Talent Entrepreneurship Conference (OTEC) search to Southeast Asia.

With OTEC being one of the world’s largest VC events, the move reflects Investible’s recent expansion and commitment to supporting Asian startups, with pitch battles to be held in Sydney, Jakarta, Kuala Lumpur, Manila, Bangkok, Singapore and Ho Chi Minh City.

“There’s often too much tunnel vision focused on Silicon Valley or Tel Aviv. Investors sometimes forget that these Asian nations are just one flight away from Australia, the USA and the UK, and have economies that are uniquely placed to nurture high-growth start-up.” says Price.

What prizes await the winning startup?

The winning startup from each country will receive flights and accommodation to complete at the OTEC 2019 Semi finals in Kunming as well as connections with China’s top venture capitalists.

There is also an opportunity for peer to peer networking with other exceptional global startups, and a one-on-one investment meeting with Investible’s Investment team.

What should you do right now as an interested startup?

Startups ready to raise Series A or B capital, with an established customer base and revenue stream are encouraged to enter the Investible search for Australasia’s most innovative startups via the links below:

Jakarta – 29 April 2019: https://promo.investible.com/otec/jakarta
Bangkok – 3 May 2019: https://promo.investible.com/otec/bangkok
Ho Chi Minh City – 6 May 2019: https://promo.investible.com/otec/vietnam
Kuala Lumpur – 8 May 2019: https://promo.investible.com/otec/kualalumpur
Manila – 10 May 2019: https://promo.investible.com/otec/manila
Sydney – 14 May 2019: https://promo.investible.com/otec/sydney
Singapore – 17 May 2019: https://promo.investible.com/otec/singapore

What exactly is Investible?

Investible is an early-stage investment group that provides high potential founders the financial, human and intellectual capital needed to scale. Investible’s mission is to de-risk angel investment on a global scale.

With 70+ investments, including being first money in “unicorns” Canva, Brandless and Ipsy, Investible has produced an investment performance of 67 per cent IRR over 8+ years.

Investible recently expanded its operations to the Asian markets, launching Club Investible Singapore, and sponsoring start-up pitches at OTEC Beijing and Techsauce Thailand.

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