chances of getting selected;

return on investment (does this money bring you any step forward?)

press coverage you could get if you’re nominated or awarded.

But please, startup competitions: don’t waste entrepreneur’s time! Fortunately, there are clever guys out there who have already recognized this problem. Have you ever heard about f6s? It’s a web platform to apply to more than 2’800 accelerator programs around the globe, contests, look for co-founders or employees, get deals for your startup. I’ve discovered some extremely cool things on this platform: you can reuse some parts of your application, like for instance the description of your team. Or other parts of the application if programs talked together and agree on the questions to answer. So please, organizers of startup awards, if you’re reading this post… talk to other organizers and try to standardize the application process, for entrepreneur’s sake!]]>