Elcyo Wins Grand Prize at G-CHALLENGE 2024 Hosted by GLOBIS University
On February 16, 2025, Elcyo awarded the Grand Prize at the final selection of G-CHALLENGE 2024, a pitch contest organized by Graduate School of Management, GLOBIS University.
Out of 33 teams that applied, 7 teams were selected to pitch, and 4 teams ultimately received the Grand Prize. Winning teams have the opportunity to receive up to ¥10 million in investment.
For more details on the results, please refer to the official press release from GLOBIS University.
About G-CHALLENGE 2024
”The G-CHALLENGE aims to create more entrepreneurs for tomorrow’s business world. It provides a platform for students and graduates to compete with their business plans and secure startup funding. The contest has the additional goal to help ventures gain a foothold from the GLOBIS community to eventually grow into big startups in the future. Investment is provided from a joint fund between GLOBIS University and GLOBIS Corporation. Award winners gain the opportunity to receive up to 10 million yen in funding. Evaluation criteria include the business plan’s market potential, competitive advantages, feasibility, profitability potential, in addition to aspects such as the benefit to society, the team’s ambition and kokorozashi, and affinity with the GLOBIS’s educational philosophy. Since its inception up until this year’s contest, 462 teams have participated, with many GLOBIS students taking their first steps toward their future in entrepreneurship. This year, 33 teams applied, with eight teams advancing to the final selection round, leveraging their learnings from the MBA and post-graduation startup support structures.”
(Quoted from the official press release from GLOBIS University)
”The G-CHALLENGE aims to create more entrepreneurs for tomorrow’s business world. It provides a platform for students and graduates to compete with their business plans and secure startup funding. The contest has the additional goal to help ventures gain a foothold from the GLOBIS community to eventually grow into big startups in the future. Investment is provided from a joint fund between GLOBIS University and GLOBIS Corporation. Award winners gain the opportunity to receive up to 10 million yen in funding. Evaluation criteria include the business plan’s market potential, competitive advantages, feasibility, profitability potential, in addition to aspects such as the benefit to society, the team’s ambition and kokorozashi, and affinity with the GLOBIS’s educational philosophy. Since its inception up until this year’s contest, 462 teams have participated, with many GLOBIS students taking their first steps toward their future in entrepreneurship. This year, 33 teams applied, with eight teams advancing to the final selection round, leveraging their learnings from the MBA and post-graduation startup support structures.”
(Quoted from the official press release from GLOBIS University)