Any startup with a technology based solution to solve a problem in its industry.
Regardless of its country of residence (e.g. Singapore, Silicon Valley, Tokyo, Seoul etc.):
any startup with a co-founder from Central Asia (including Mongolia, Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan or Turkmenistan)
any startup of which products or services are available for people living in Central Asia (e.g. this means any SAAS startups who provide its services to Central Asian customers are eligible).
An applicant startup can be at any stage (including early stage) of its development.
There is no limitation on the industry type of an applicant startup.Register now
Please note that all the following processes will be completed on Irbis Oasis platform.
8 May - 14 June 2020
The application period will start at 9:00 am on 8 May 2020 and will close at 11:59 pm on 14 June 2020. Applicant startups can submit their online applications via Irbis Oasis platform.
15 - 17 June 2020
During the period from 15 - 17 June 2020, Irbis Ventures will do a preliminary review of applications to check the completeness of each application. Irbis Ventures may reject any application that has incomplete or missing information.
18 - 25 June 2020
For all applications that are complete, Irbis Ventures will match applicant startups
based on industry, geographic location and team size. This means each startup
applicant will review and score one startup applicant based on the following three
parameters: (1) Vision; (2) Product; and (3) Team.
Important note: The reviewing startup will not be provided by any confidential information of the startup being reviewed by it. This means each applicant startup is encouraged to approach the startup you are reviewing.
25 - 27 June 2020
Based on the information we collect during the peer review process (including the responsiveness of each applicant startup), Irbis Ventures will shortlist the top startup applicants.
1 - 10 July 2020
Startups will be selected based on the review and scoring by Irbis Oasis Community members (including investors and advisors). Irbis Oasis Community members will review applications based on the following criteria:
11 - 20 July 2020
Preparation for Community Pitch Day
20 July 2020
Top 20 startups will present their startup to Irbis Oasis Community (including
investors and contributors). Based on the pitch and Q&A sessions, Irbis Oasis
Community members will score each startup (maximum score being 5). Based on the
average score of each startup, Irbis Oasis platform will automatically rank top 10
To ensure transparency, we will allow applicant startups to check the details of scoring by Irbis Oasis Community.
21 July 2020
Top 10 startups will be announced via Irbis Oasis platform.
21 July - 20 August 2020
Preparation for Global Demo Day
20 August 2020
Top 10 startups will attend the SLTC 2020 - Global Online Demo Day attended by international and local investors. Based on the online scoring by attendees of Global Online Demo Day, top 10 startups will be ranked 1 to 10.
21 August - 1 September 2020
Irbis Ventures team will start negotiating in good faith with the purpose of signing an investment agreement with a total of 5 startup applicants in a period as short as possible. We will start the negotiations from the top 1 ranked applicant. If negotiation with a particular startup is successful, Irbis Ventures will sign an investment agreement with the startup applicant. If unsuccessful, Irbis Ventures will drop that negotiation and start negotiation with the startup ranked below until Irbis Ventures signs an investment agreement with five (5) startups.
To be determined
The five (5) startups who signed an investment agreement with Irbis Ventures will attend the Grand Finale of SLTC 2020. The date of SLTC 2020 is not set at this stage due to COVID-19 related uncertainties. We will determine the date of the Grand Finale in July 2020.
|The top contenders of 2020 SLTC will get access to:||Top 10||Portfolio Startups||Grand Finale Winner|
|Free office space for up to 3 team members until 31 December 2020|
|Unlimited free access to Irbis Oasis platform until 31 December 2020|
|Invitation to attend the SLTC 2020 - Global Demo Day|
|3,000 Irbis Points (equal to 30 hours of consultation)|
|Equity or SAFE investment of US$20,000|
|Tickets & accommodation for the Grand Finale in Gobi Desert, Mongolia|
|Cash reward of US$20,000|