inDrive launches Underdog Tech Award for startups

inDrive has launched the Underdog Tech Award; a new international competition to find the founders of the best digital startups that come from outside of major tech hubs and startup communities.

The application phase, began yesterday, 19 September, and will conclude on December 1. Award nominees will be shortlisted in December.

According to the firm, the competition was designed to reward technology startups that are successful, despite encountering disadvantages due to their location, such as low resources and lack of access to funding. The Underdog Tech Award is open to early-stage technology businesses from outside the major IT centers.

Startups that have had, or have the capacity to have, a major positive effect on their communities, as well as high prospects for quick growth, are eligible for inclusion.

We consider it essential to support those who are initially deprived or have difficulty accessing the necessary resources. For example, we have already established the Aurora Tech Award, an award for women in IT, along with other initiatives to support those who need and deserve it.

Now we have organized an award for underdogs. We at inDrive are still underdogs, and proud of it. We aim to support innovative startups that make the world better.

Mark Loughran, Group President, inDrive

In addition to the recognition gained from winning the award, the winner will receive a monetary prize (the prize fund is $60,000), feedback from judges and venture capitalists, the opportunity to train with industry experts, and PR assistance.