Generate societal and environmental change through fostering innovation, entrepreneurship, and exponential technologies.
Plamen Russev, Ph.D
Executive Chairman, Webit.Foundation
History
Webit Foundation was established 3 years after the start of the Webit events aiming to support with grants innovative and fast growing scale-up companies. Since 2008 over 1,500 companies from 150 countries have received grants providing them access to Webit Festival, exhibition spaces and booths, event tickets, sponsorships, services including matchmaking with investors, corporate partners, PR and media services.
Impact
On March 17, 2024 NASDAQ — from the world’s most iconic facade of the capital markets — congratulated Webit for our role in the development of innovation and entrepreneurship on a global scale.
Webit Events
Webit is one of the largest business / technology, policy, investors and scale-up communities with 250,000+ in-person attendees and 1,500,000+ virtual attendees so far — with 80% founders and executive level.
Back in 2008 Webit became a brainchild of Dr. Plamen Russev who wanted to create a brand new global platform representing ‘convergence’ in the events industry. While technology was fast developing, there was no event in the world which gathered all industries impacted by tech at one place.
Webit became the first event of this kind — hosting 10 (later 14) parallel stages with summits on Health Innovation, Biotech, Branding, FinTech, Cyber Security, Defence and more.
It might be something usual today, but back in 2008 this was perceived as crazy — events were expected to be very focused and specialised. Webit created a new breed of events which today are spread around the globe.
During the years the Webit events became a meeting ground not only for large corporates and policy makers, but also innovators and investors. Webit became the first event in the world to establish a global competition and to provide expo space and tickets alongside other services for the top 100+ companies for free — in harmony with Webit’s mission.
Founders Games
Founders Games is the flagship global scale-up competition and platform to select the best founders who not only create highly scalable businesses, but also generate social and environmental positive change — and gives the world’s biggest funding award of $6M (six million USD).
The history of success of the finalists of the Founders Games is world known. Each finalist closes a financing round up to 3–4 months after being announced.
The FG6 Index — tracing the attracted capital by FG finalists for the past 6 years — is 6.9, meaning that all finalists cumulatively have increased their attracted capital by 6.9 times.
Webit Investment Network Plc
The power of our global network and the trust accumulated during the past 17 years resulted in Webit Investment Network (BSE: WIN).
WIN became the first publicly listed investment company creating high financial returns while generating social and environmental change alongside. WIN invests in high-growth, late-stage scale-ups which impact at least 1 of the UN SDGs — proving that saving humankind can and should be a sustainable and profitable business itself.
The WIN IPO was on June 6, 2022 and it was 2.43 times oversubscribed by over 750 investors. This result reaffirmed the power of the Webit brand and the trust of our network!
During the same time Nasdaq was −40% and S&P500 was down by 30%.
WIN is open to everyone who cares to generate social and environmental impact alongside profiting from investing in high-growth, global scale-ups.
