US Startup Comes up Short in Creative Business Cup
We Want Cinema, a startup from the Netherlands that provides an online platform that allows movie-goers to decide what films are show in the theater, took top honors at the Creative Business Cup in Copenhagen, Denmark. A featured activity of Global Entrepreneurship Week, the competition provided finalists from 17 countries a chance at a prize package worth roughly US$50,000. IndianRaga, based in Cambridge, Massachusetts, won the U.S. national competition in October, but came up short in the finals. “In 2012, few startup teams succeed without original thought and new ways of looking at things—and nowhere do we see that more than in the creative industries," said Jonathan Ortmans, president, Global Entrepreneurship Week and Creative Business Cup jury member. "Holding the Creative Business Cup during Global Entrepreneurship Week reminds the world that creativity and innovation are at the heart of entrepreneurship.” His Royal Highness Crown Prince Frederik of Denmark presented the awards together with Deputy Director General Anders Hoffmann, the Business Authority of Denmark, the jury and Managing Director Rasmus Wiinstedt Tscherning, CKO. 17 countries were represented in the Creative Business Cup Global Award Show. But the new online platform where users decide what movies are shown in the theatre We Want Cinema from The Netherlands won the 1. prize with a total value of about 50,000 US dollars. His Royal Highness Crown Prince Frederik of Denmark presented the awards together with Deputy Director General Anders Hoffmann, the Business Authority of Denmark, the jury and Managing Director Rasmus Wiinstedt Tscherning, CKO. Greenbo from Israel took second prize and Norwegian Rain from Norway took third. UNIPLACE of Portugal won the Audience Award and German startup MoreThanShelters took the Roskilde Festival Award. From the British music trade to the film industry in Bollywood and new computer game firms in Sydney--the creative industries span a wide range of companies that make everyday life easier, develop our societies and generate growth. Danish toy producer LEGO, Cirque de Soleil from Canada and Australian clothes brand Billabong all started as entrepreneurs based in the creative industries having revolutionary business ideas. At the moment, there is a global recognition of the need to support the creative industries as a dynamic element in the economy, an element that has been under-developed until now. Creative Business Cup is a part of Global Entrepreneurship Week, which is a global initiative to further entrepreneurship. The international competition was arranged by the Danish Center for Cultural and Experience Economy supported by the Danish Industry Foundation, the Danish Business Authority and the Ministry of Business and Growth, the Ministry of Culture, the Kauffman Foundation, the Roskilde Festival, Carlsberg, KreaNord, the City of Copenhagen, Uge46, the Danish Center for Culture and Development, Lakrids by Johan Bülow, Georg Jensen, CPH Volunteers and Monday Morning.