EDINBURGH, UK, May 26, 2022 (GLOBE NEWSWIRE) — The Startup Race Accelerator announced today its 48-hour Online Hackathon opens at 5pm on Friday, May 27 2022, as preparation for its £10,000 Startup Race, which begins June 14, 2022.
More than 350 fast-growth entrepreneurs have so far registered for the Pre-Hackathon programme on Leanstack, and this enables them to learn startup secrets from Ash Maurya and check out the other participants in order to find potential CoFounders. The online hackathon will enable them to build their team (if necessary) and create a Minimum Revenue Product (MVP) to win the following cash prizes: 1st – £2,333, 2nd – £12,667 & 3rd – £1,000. These funds can then be used to prime their growth hacking efforts in order to go on and win the £10,000 cash prize.
“This Hackathon is the beginning of something exciting for both The Startup Race brand, and the UK entrepreneurship community,” said James Shoemark, a veteran in the UK startup space, and the co-founder of The Startup Race. “The old standard, known as a ‘Pony Pitch Parade,’ is obsolete and doesn’t necessarily prove that a startup is worthy of investment. We are disrupting this model for the benefit of all stakeholders by rewarding the behaviour we want to encourage: entrepreneurs generating revenue.”
The Hackathon is the preamble to a meritorious process for startups to achieve scalability. The method, first developed by Silicon Valley Entrepreneur Steve…
