Crypto exchange Bitget launches $100K funding programme for women blockchain startups – SME News

Cryptocurrency exchange Bitget has launched a $100K funding programme at DevCon 24’ to back women-led blockchain startups, the company said on Monday. Building on its larger $10 million Blockchain4Her project, Bitget said the programme ‘Pitch n Slay’ is accompanied by mentorship from experienced professionals in the blockchain industry. 

Startups will get access to funding up to $100,000 by Foresight Ventures, an early-stage global investor focusing on technology investments. 

After an initial pitching round, finalists will receive support in market strategy, scaling, and technology, led by industry experts including Gracy Chen, CEO of Bitget, Taya A, CEO of World of Women, Min Xue, Partner of Foresight Ventures, Tess Hau, Founder of Tess Ventures, and other prominent Web3 leaders.  

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Hosted on November 15 in Bangkok, Thailand the finalists will present their projects to investors and judges, of which three winners will get grants to further their startup journey.  

The first winner takes home $5000, the second place will be rewarded with $3000 and the third will get $2000 subsequently. The three winners will be qualified for further pitching to Foresight Ventures and if the deal goes through, each can receive funding up to $100K in pre-seed. 

Speaking on the programme, Gracy Chen, CEO, Bitget, said, “Bitget is a proudly gender-inclusive organization, with over 45% of our management roles held by women. Through Blockchain4Her, it’s our honor to support women founders with opportunities for exposure, mentorship, and funding. We’ll continue to expand this platform, creating pathways for growth and amplifying women-led startups in Web3.” 

Set up in 2018, Bitget said it serves over 45 million users in over 150+ countries, offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a class multi-chain crypto wallet that offers Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

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