A Startup Competition is an event where new businesses, often called startups, present their ideas to a panel of judges and an audience. Participants typically pitch their business concepts, showcasing their products or services, market potential, and financial plans. The goal is to attract interest, funding, or mentorship from investors and industry experts. These competitions can vary in format, with some offering cash prizes, investment opportunities, or access to valuable resources. They are often organized by universities, incubators, or entrepreneurial organizations to foster innovation and support aspiring entrepreneurs in their journey to launch successful businesses.