KPMG Private Enterprise Global Tech Innovator Competition 2024

Making a difference in the world, one innovation at a time
KPMG Private Enterprise Global Tech Innovator Competition 2024

Are you ready to unleash the power of your tech innovation?

If the answer is ‘yes’, entering the fourth annual KPMG Private Enterprise Global Tech Innovator competition is an opportunity you can’t afford to miss.

If you’re like most tech innovators, the entrepreneurial journey has taken many routes of exploration and progress. The Global Tech Innovator competition is helping to accelerate that journey by putting founders and their technology innovations and tech-enabled solutions in the global spotlight. All with the support, guidance and expertise of an extensive network of business professionals during — and after — the competition.

We’re committed to discovering and supporting tech entrepreneurs who are helping to change the future, one innovation at a time. If you have created a tech breakthrough or a new tech-enabled solution that’s ready to make a difference in the world, entering the Global Tech Innovator Competition can help put it on the radar of national and global industry experts, investors and potential partners.

If you’re ready to take your technology and your business to the next level, this may be the giant step you’ve been looking for. If it is, we want to hear from you.

Global Tech Innovator Competition (GTIC) 2024 , Finale Event - 2nd Runnerup
Ganesh Shankar, Founder and CEO, FluxGen
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Global Tech Innovator Competition (GTIC) 2024 – India Finale Event


Making a difference in the world, one innovation at a time. Our country final event saw leading startups battle it out to be crowded the India winner for GTIC 2024.

The challenges facing Indian and global markets are vast, but so are the opportunities. Through this competition, we're looking for ingenious solutions that can make a real difference. We want to see startups that are not just innovative, but impactful, shaping a better tomorrow for our country and global markets.

Yezdi Nagporewalla

Chief Executive Officer, KPMG in India

Yezdi Nagporewalla

There’s a lot in it for you

The competition is an unrivaled platform to profile your business. The benefits are second to none if you take the opportunity to compete.

National and Global exposure

Raise awareness of your innovation and your business by showcasing it on a prestigious platform to a national and global audience of industry experts, investors, potential partners and customers. Increase your company’s local profile through business and social media posts that reach tech and business influencers in your country.
 

National and Global exposure

Validation and Recognition

Enhance your credibility in the tech industry and potential investors, partners and customers by gaining recognition and validation for your innovation as a finalist (and potential winner) in country and global pitch competitions.

 

 

Validation and Recognition

Networking opportunities

The competition is a hub for networking, fostering collaborations, and gaining insights from seasoned professionals. Connect with fellow tech innovators and join a global peer-to-peer network to share ideas and build important connections in a growing community of high-achieving tech entrepreneurs.


 

Networking opportunities

Mentorship and Guidance

Access the experience of KPMG in India mentors and advisers who provide valuable guidance, expertise, and mentorship to refine your innovation and navigate the challenges of scaling up your tech.

Mentorship and Guidance

Media and Publicity

Gain media coverage and publicity at the regional and global level to boost your innovation's visibility and market presence and attract potential users, customers and future sources of funding.
 

Media and Publicity

Learning and Growth

From the initial application to the regional and global pitch presentations, the competition can be a significant learning experience. Feedback from judges and interactions with other participants can help refine your innovation and presentation skills.

Learning and Growth

Private Enterprise Global Tech Innovator Winner Testimonial

We’re deeply honored to win the KPMG GTIC2024 - India Award! This recognition supercharges our mission at FluxGen to drive a water-positive future and create lasting societal impact. A heartfelt thank you to KPMG India for this prestigious accolade. We’re thrilled to compete on the global stage in Lisbon and eager to learn from other trailblazing startups!

Ganesh Shankar

Founder and CEO, FluxGen

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Qualifications and eligibility criteria

Applicants are typically technology entrepreneurs who are successfully making the transition from the startup phase to the next stage in the growth of their businesses. They have developed innovative, proven technologies, established robust business models, demonstrated traction and have the potential to scale up globally.

To be eligible for the competition, you must:

  1. Be a registered company in the country/region where the country/region final is being held
  2. Have been actively operating for 5 years or less (in the current form)
  3. Generate revenue between USD1 million and USD15 million; or have raised at least USD500,000 in equity
  4. Be either a pure technology or a tech-enabled, tech-driven or tech-led business
  5. Not be majority owned by a large corporate
  6. Be able to conduct all pitches in English
  7. Be available to pitch at a country/region semi-final event in the timeline outlined by the country of origin (if applicable)
  8. Available to pitch virtually at a country/region final event in the timeline outlined by the country of origin
  9. If selected as a finalist, be available to pitch at the global final in November 2024.
  10. Must NOT be audited by BSR & Co.

 

    Which countries participated in the 2024 Global Tech Innovator Competition?

    The 2024 Global Tech Innovator Competition was more than a contest. It was a celebration of entrepreneurship and technology advances that had the potential to leave a lasting and positive impact on the world. As the world watched this year’s competition, tech entrepreneurs from 23 countries/regions took the stage, challenged each other, and left an enduring mark on the world.

    The 23 countries/regions that participated in the 2024 competition included: Australia, Brazil, China, Colombia, Estonia, Finland, Germany, Ghana, India, Ireland, Italy, Japan, Kenya (East of Africa), Mexico, Netherlands, Philippines, Portugal, Saudi Arabia, Sweden, Taiwan, Turkey, United Kingdom, and the United States.

    global tech innovator map

    Applications

    Q: How can I participate in the competition?

    A: To enter the competition, you must fill out the online application form for your company before the application deadline of your country final.

    Q: Who can apply?

    A: Any technology entrepreneur that has operated for less than 5 years and is registered and based in country/territory/jurisdiction that are participating in the competition can apply. Applicants must have innovative, proven technologies, robust business models, the ability to demonstrate traction in their activities and the potential to scale up. All entrants entering the competition on behalf of the company must be residents in the country/territory/jurisdiction they are applying in and aged 18 years or over. KPMG employees and contractors are prohibited from entering the competition.

    Q: When can I apply?

    A: KPMG in India invites applications for the GTIC 2024 between 07 May - 08 July 2024.

    Q: Is there a limit to the number of entries?

    A: During the application period, there is no limit to the number of companies that can apply, however we request that no more than one application per company is submitted.

    Q: What information do I need to provide?

    A: If you’d like to apply, here’s what we’ll need:

    1. Company details (name, address, company registration number, contact details)
    2. CEO, founder and management team details
    3. A brief description of the company, business model, any media coverage and proprietary technology (maximum of 200 words)
    4. Details on funding raised to date, 2023 revenue figures and projections for 2024
    5. A high-resolution image of your company logo

    Selection Criteria

    Q: How do I know if my company qualifies?

    A: We aim to be as inclusive as possible; whether you’re a pure technology company or  tech-enabled, tech-led, or tech-driven, we want to hear about your growth ambitions.

    Q: What stage should my company be at to be considered?

    A: We are looking for companies that have been operating for 5 years or less, and must have a viable product or service.

    Pitching

    Q: What is the pitching format?

    A: Each company will be given a total of approximately five minutes to both pitch and answer questions from a judging panel. All presentations must be in Microsoft PowerPoint or PDF file format. A detailed pack outlining requirements will be shared with shortlisted businesses when appropriate.

    Q: What is the judging criteria?

    A: Each pitching competition will be judged by a panel of industry and KPMG experts. All applications will be scored based on six, equally-weighted criteria. The criteria are disruption and innovation, market potential, customer adoption, market traction and marketing, long-term potential and pitch quality. The decisions of the panel will be final.

    Winners

    Q: What do winners get?

    A: Country/region winners will receive exposure and recognition through local media coverage and our corporate channels. The country/region winners will also be put forward as finalists in the Global Tech Innovator competition, which will take place in November 2024.

    The finalists will be provided with standard class flights/travel, hotel accommodation to the final.

    The prizes cannot be substituted for cash or any other alternatives.

    Q: How and when will the winners be notified?

    A: Country/region winners will be notified on the day of the final. Winners will also be profiled in the KPMG ‘Winners Report’. The Global Tech Innovator winner will be announced on stage in person and virtually in November 2024.

    Further information

    Q: What are the costs involved in participation?

    A: There is no charge for entering into the competition, although all costs related to attendance at the semi-final and country finals must be covered by the participants themselves, where they are being held in person. For the global finals, KPMG International will cover the cost of standard class flights/travel, accommodation for the one member from the finalist companies who are invited to present in November.

    Q: Is there any publicity involved?

    A: KPMG Private Enterprise will be promoting the pitch heats alongside various partners throughout the course of the competition. By entering the competition, you agree that any personal information provided by you with your entry may be held and used by KPMG International to administer the competition.

    If you are a winner of the competition, you agree that we may use your name, image and company branding to announce the winner of the competition and for any other reasonable and related promotional and marketing purposes.

    Q: Will I receive feedback on my application?

    A: Unsuccessful applicants will be notified. Due to the volume of entries received, we are unable to provide detailed feedback to each unsuccessful applicant.

    We value the time and effort put into each submission and thank you for your participation.

    Q: Who do I get in touch with for further information?

    A: For any further information please email go-fmglobaltechinnov@kpmg.com

    What makes a winner?

     

    Applicants are typically technology entrepreneurs who are successfully making the transition from the startup phase to the next stage in the growth of their businesses. They have developed innovative, proven technologies, established robust business models, demonstrated traction and have the potential to scale up globally.

    To be eligible for the competition, you must:

    1. Be a registered company in the country/region where the country/region final is being held
    2. Have been actively operating for 5 years or less (in the current form)
    3. Generate revenue between US $1 million and $15 million; or have raised at least US $500,000 in equity
    4. Be either a pure technology or a tech-enabled, tech-driven or tech-led business
    5. Not be majority owned by a large corporate
    6. Conduct all pitches in English
    7. Be available to pitch at a country/region semi-final event in the timeline outlined by the country of origin (if applicable)
    8. Available to pitch virtually at a country/region final event in the timeline outlined by the country of origin
    9. If selected as a finalist, be available to pitch at the global final at Web Summit in Lisbon, Portugal in November 2024

    What are we looking for?

    Each pitching competition will be judged by a panel of industry experts. All applications will be scored based on six, equally-weighted criteria:

    1. Disruption and innovation
    2. Market potential
    3. Customer adoption
    4. Market traction and marketing
    5. Long-term potential
    6. Pitch quality

    The decisions of the panel will be final.

    About KPMG Private Enterprise

    You know KPMG in India, you might not know KPMG Private Enterprise. KPMG Private Enterprise advisers in KPMG member firms around the world are dedicated to working with you and your business, no matter where you are in your growth journey — whether you’re looking to reach new heights, embrace technology, plan for an exit, or manage the transition of wealth or your business to the next generation. You gain access to KPMG member firms’ global resources through a single point of contact — a trusted adviser to your company. It is a local touch with a global reach.

    The KPMG Private Enterprise Global Network for Emerging Giants has extensive knowledge and experience working with the startup ecosystem. Whether you are looking to establish your operations, raise capital, expand abroad, or simply comply with regulatory requirements — we can help. From seed to speed, we’re here throughout your journey.

    Read the Terms and Conditions here >

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    Key Contact

    Sidharth Tewari

    Associate Partner, Startups & Innovation

    KPMG in India