Entrepreneurs’ Organization (EO) extends a warm invitation to all student entrepreneurs around the world to join the Global Student Entrepreneurship Awards GSEA Global competition 2024-2025. This competition brings together budding startup founders to compete on local and national levels, culminating in the GSEA Global Finals, where they have the opportunity to showcase their start-ups on a global platform and compete for a prize of $100,000.
EO has been organizing the competition since 2016, with global finals across multiple international destinations, including Canada in 2023, a major success! Previous events have taken place in Germany, South Africa, Canada, and Thailand.
Students enrolled in undergraduate or graduate degree programs who have been operating a functional startup for at least six months as of September 2024, with a minimum revenue generation of $500, or who have received an initial investment of $1,000, are eligible to compete locally against other startups from the same region, with the goal of identifying GSEA qualifying winners from each region. The qualifying winners will then compete with winners from all over the world. Exciting, isn’t it?
Apply today and go global with your entrepreneurial ventures!
Why Global Student Entrepreneur Competition?
GSEA addresses the need for a global student entrepreneur competition by pursuing;
- Student entrepreneurs with a vision to grow and make an impact.
- Students who seek to challenge the status quo and think differently from the average person’s perspective are the focus of GSEA. GSEA celebrates the students who are seeking ways to add value to the work they bring in.
- Students who possess a strong sense of belief in themselves and the business model they are carrying are exceptional.
- GSEA aims to create an innovative ecosystem comprising the alumni network and upcoming chapters of startups.
Details About Global Student Entrepreneurship Awards 2024
- Name of program: Global Student Entrepreneurship Awards
- Program type: Competition
- Qualification: Enrollment in undergraduate or graduate studies
- Location: Varies every year.
- Deadline: 30th September 2024.
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Awards/prizes:
The award is a combination of cash prizes and business services.
- Cash prize: First prize: $50,000 Second prize: $25,000 Third prize: $15,000
- Business services: Successful entrepreneurs’ guidance and mentorship. GSEA recognizes the significance of storytelling and invests significant effort in refining the pitching skills and value proposition of the winning startups. The businesses will receive media exposure through a comprehensive advertising campaign.
Regions Registered with GSEA:
By city or country, the following regions schedule the competitions:
- Asia Pacific.
- Canada
- Europe
- Latin America & Caribbean.
- Middle East, Pakistan, and Africa.
- South Asia.
- North Asia.
- US Central.
- US east.
- US west.
Who can Apply?
- You must be between 18 and 30 years of age. Enrollment as a full-time or part-time undergraduate or graduate student is mandatory.
- You must be the owner, founder, or controlling shareholder of your student business. Only one owner or co-founder can represent each company.
- Your student business must have been operational for six months before you apply to the competition.
- The business must have generated $500 or received $1000 in investments at the time of applying.
- Your company cannot have advanced to the final round of the GSEA Global Finals competition in any previous year.
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Judging Criteria:
Two components make up the Judgement Criteria for the GSEA Global Entrepreneurship Awards.
No 1. The student entrepreneur:
The student entrepreneurs are evaluated based on how they have overcome challenges and learned from their mistakes. How effectively can they manage to be students and entrepreneurs? The passionate yet realistic approach they have towards their business must be solving a problem rather than just focusing on making a profit. The business model must align with the Entrepreneurs’ Organization’s (EO) core values, “Thirst to learn, think big, be bold, and grow together.
No. 2. The student business:
A key consideration in business is the effectiveness of showcasing the business’s vision on the global stage. Students’ comprehension of business fundamentals and their awareness of their business’s revenue and growth potential are key factors to consider.
How to Apply?
- On the official website, review the scheduled competitions for the registered regions with PSEB. Create your profile through the official link.
- After that, start with the 2024-2025 student application.
- Complete all the necessary details about your startup and academic background, and respond to all the required questions.
- Submit a 1-2-minute video describing your passion for entrepreneurship.
- Review and submit your profile.
APPLY FOR GSEA COMPETITION 2024-25
Application Deadline:
Studentpreneurs can submit their businesses with GSEA 2024-2025 by September 30, 2024.
