Award Outline 2022

Date Wednesday, October 26th to Thursday, October 27th, 2022
※JST 13:00~19:00
Method all held ON-LINE
Host Asian Entrepreneurship Award Steering Committee
Co-hosts Division of University Corporate Relations – The University of Tokyo
Mitsui Fudosan Co., Ltd.
TX Entrepreneur Partners General Incorporated Association (TEP)
The Japan Academic Society for Ventures and Entrepreneurs (JASVE)
Japan External Trade Organization (JETRO)

Award Procedures

(1) The entrant companies present their business plans in the semi-final and final sessions.

(2) In the semi-finals, each of the entrants delivers a 10-minute presentation on their businesses. The top six goes to the final.

(3) At the final session, finalists make a 10-minute presentation.After a fair judgement, prize winners of each prize will be elected.


Judging Criteria

(1) Innovativeness, commercial viability and social impact of the business, with consideration given to the potential of the business to expand and bring about changes in the global economy and society.

(2) Business performance, which includes the nominee’s competitive advantages, management team, strategic vision, and communication capabilities, including presentation skills.

(3) Possibility of collaboration with Japanese large corporations or expansion of business in Japan backed by it’s business model and roadmap.


Awards

・First Prize: 3 million JPY
・Second Prize: 1 million JPY
・Third Prize: 500,000 JPY


Qualification for Entry

Startup companies must meet all of the following requirements.

(1)Must be a technology based startup company which has solution related to either Healthcare, Work & Life style, or Sustainability.
— Must be a company. Individuals or research labs are not accepted.
— ”Technology based startup company” is a startup which has it’s own technology as the core of it’s business model.

(2) Must be an early stage startup which has completed PoC (Proof of Concept), and is able to communicate with a specific customer by using prototypes, samples or mockups.
— No conditions are required for number of years from establishment nor number of employees.
— Startups invested by VCs or planned to be invested are acceptable, but the capital amount must be basically 3M USD or under.
— Public companies or affiliates of large corporations are not accepted.

(3) Must be nominated by a person responsible for startup supports at a university, research institute, or private incubator, accelerator or any other startup supporting organizations.

(4) Startup company must be able to participate in all the programs held between October 26th to October 27th, 2022.
— Your absence to some programs can be reasons for disqualification.
— Nominators are expected to support their startup nominee’s preparation towards the participation in the AEA program.

(5) (For Non-Japanese startups only) Must have specific interest in Japanese market or desire in expanding business in relation with Japanese corporations. Additionally, you should be prepared to start smooth discussion between Japanese corporations towards expanding in Japanese market or having corporate relations.