Six international teams of founders from Estonia, Norway, Turkey and Germany will compete at the Music WorX Pitch on November 27, 2018 Hamburg’s prize for fledgling, innovative companies in the music industry. Each team of founders will pitch their business models and have seven minutes to win over the expert audience for the prize of EUR 5,000.
The Music WorX Pitch is the conclusion of this year’s Music WorX Accelerator. During the three-month support programme, three start-ups bandnova (Hamburg), Fanvestory (Estonia) and laleby (Hamburg) took part in workshops, were coached by industry experts and availed of free office space and financial support to develop their business models. As part of another application procedure, Estonia’s Ridline, Norway’s Requestify and Turkey’s Epiqur also qualified for the pitch.
The Ministry for Culture and Media has sponsored young companies in the music sector with the programme since 2011 and has held the Music WorX Accelerator with the Hamburg Kreativ Gesellschaft since 2014. The accelerator has been open to international start-ups, who wish to operate in Hamburg, since 2017. Successful companies such as Sofa Concerts, Tinitracks, Addact and NOYS VR have already been supported as part of the programme.
Sources and further information: