Main criteria In general, we are looking for founding teams with a solid mission, a scalable business model, and a functioning product/service with proven traction/feedback. The applying company: Should be in an active fundraising process, We look for teams who are passionate and committed to the business, The market opportunity is essential – providing a solution to a problem with a large potential market, Innovative and novel technological components, we prefer to invest in first-of-a-kind new ideas. Also, great science projects that demonstrate a clear path to commercialization, Clear unique value – competitive advantage includes intellectual property protection, exclusive licenses, exclusive marketing and distribution relationships, strong brands, and scarce human resources (i.e. knowledge and skills), Good match between the valuation of the company and the capital need, Preferably practicing novel technologies and unique business models.   Topics and verticals L59 Pitch Competition is industry-agnostic, with some preferences based on our previous experience and the background of lead investors.  In 2023, the Latitude59 conference follows areas such as deep tech and impact, which is why we welcome these companies to apply. However, this does not give any particular bonus points in the evaluation, and the selection will be based on the best fit with lead investors. Countries Startups from all around the world are invited to apply.  However, it is important to note that Latitude59 stands with Ukraine, which is why startups with strong connections to Russia and Belarus will not be included in the evaluation process. Angel investments tend to be more regional than international, which is why EstBAN is upfront about mostly seeking to invest in the region nearby.