The World Tourism Organization (UNWTO) has partnered up with Globalia to launch their 1st UNWTO Tourism Startup Competition, making it the largest initiative dedicated to identifying startups that will contribute towards the tourism sector.
Why tourism though? Because tourism is considered to be on of the best-positioned sector that drives inclusive growth, and at the same time create jobs, reduce poverty, and also foster sustainable development and peace. Tourism also accounts for 10% of the world GDP and has had an impact on exports, job creations, investment, development of infrastructure, and the promotion of social inclusion.
What are startups getting in return? Well, the startups are in for some pretty awesome prizes. The 20 runners-ups will have the opportunity to pitch at the celebrations of World Tourism Day (WTD), held on September 27th, 2018 in Budapest, Hungary.
Additionally, selected startups will receive a fully-sponsored trip to present their initiative to the jury, governments, industry leaders and international investors attending WTD. AND they get to attend a master class where they learn some cool techniques on how to talk to investors, and how to scale up your startup.
Not only that, but the 10 finalists will have a sponsored participation at FITUR, the International Tourism Trade Fair, which will be held next year from January 24th until the 27th, in Madrid Spain. The finalists will have access to four days of networking, mentoring events, and connect with over 200,000 participants from around the world.
But what about the winner? This is the best part. The winner will receive the opportunity to design a pilot project with Globalia, Spain’s largest travel corporation. They get to work closely with Globalia’s brands which include Air Europa, Halcón Viajes, Travel plan, Be Live, Groundforce, and more.
Hurry up and apply for the competition here.
For more information about the competition, check out their website.