At the German finals in January of this year, the Berlin-based startup won over a jury of well known entrepreneurs and investors. Coolar enables and guarantees the cooling of medication and food away from a stable power supply system. The technology of Coolar cools with heat instead of electricity, which makes it an ecologically sustainable cooling system.
As we explained in the beginning of this year, The Venture offers expert support and a total of $1 million in funding with the goal to enable a new generation of social entrepreneurs to create positive change. Chivas, the premium Whisky brand from Scotland, created the startup competition The Venture to inspire, discover, and reward those who believe that business can be a force for good.
The German finalist and 26 international competitors have now the chance to win $50,000 each week between May 9 and June 12. Under the 27 finalists are also other European startups from Spain, Bulgaria, Portugal, Poland, Romania, Estonia and the UK.
Every week for 5 weeks, Chivas will devide $50,000 amongst the finalist based on your votes. That’s a total of $250,000 in total. You can vote once each week. Visit the website of Chivas The Venture, check out the 27 finalists and vote for your favorite startup now!
The remaining $750.000 will be rewarded at the final jury pitch, which will be held in New York on the 14th of July 2016.