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BBVA Open Talent

FAQs

GENERAL INFORMATION

What is BBVA Open Talent?

BBVA Open Talent is an international competition specialising in the FinTech sector that looks for solutions with the most disruptive potential in the industry in order to improve the way people and companies manage their finances.

In 2019, we want to find companies across the world who are working on the most innovative solutions to overcome these challenges.

Our last edition had over 800 candidates from 90 different countries.

What kind of startups are eligible to register for BBVA Open Talent 2019?

Registration is open to FinTech or FinTech-related startups that at least have a demo or beta prototype, and that were incorporated from the 1st January 2016, onwards, and that have investment of no more than €2 million.

If I applied to previous editions can I apply again?

Yes, as long as your startup continues to meet the registration requirements and you haven’t won any of the previous editions.es.

What is a video pitch?

A video pitch is an audio-visual presentation that helps us to assess your startup. The video should be a maximum of two minutes in length, during which time you can tell us about your project in the form of an elevator pitch.

REGISTRATION

What is the deadline for registering my startup in BBVA Open Talent 2019?

You can register your startup in BBVA Open Talent 2019 from the 23th May 2019, until the 5th July 2019, at 14.00 p.m. (Madrid, Spain time). Registration after that time will not be permitted.

How can I register my startup in the competition?

To register your startup, you must first fill out the registration form, completing all mandatory fields marked with an asterisk. Once you have filled it out, click on “send and accept”. You will receive an email confirming your registration.

How will I know if I successfully registered my startup?

Once you have registered your startup, you will receive an automatic reply email confirming your registration. If you do not receive one, please contact us at opentalent@bbva.com.

Can I start filling out the form, save it, and then finish it later?

Yes. The form can be saved once the basic information has been filled out (Company name and contact email), which are marked with a double asterisk (**).

If I have saved my registration form without finishing it, how can I access the form and complete the registration?

You have to enter the registration form section in the Open Talent web and select the option “recover your data”. Write the email address with which you started the registration. You will receive a code you have to use to access your form.

EVALUATION

How do I know the evaluation phase that my startup is currently in?

After completing the registration form on the website, you will receive an email at the address you provided informing you of your project’s status.

PRIZES

When and where are the winners announced?

The finalists of the national prize will be announced on the 12th August 2019 on the following website: https://opentalent.bbva.com/. Next 16th of September the Global Award finalists and the winner of the Sustainable Finance Special Award will be announced. The winners of each country will be decided in the event in each country during the month of September and the global winner will be selected in the international BBVA Open Summit event (October 24th in Madrid).

What are the competition prizes?

For the eleventh edition of BBVA Open Talent, different prizes will be awarded:

  • Global Prize: to the solution that shows the most potential for transforming the financial industry in the next ten years.
  • Country Awards: to the solution that has the most impact on transforming the local industry of the country (in those countries where BBVA has it’s footprint).

Only the global winner will receive a prize of €100,000 in investment by BBVA Anthemis Venture Creation Partnership. In addition, based on the needs we detected in the thousands of startups that have taken part in the last ten editions, we will be offering the global winner and the country winners a lot more from the experience.

One person in representation of each startup will be invited to the BBVA Open Summit Madrid having the possibility to participate and give the most visibility to the startup.

All the winner startups and the 3 finalists of the Global Award will receive a mentoring from an employee of BBVA during 4 weeks.

The startups will also be given access to an online acceleration program, supported by the assignment of a BBVA mentor during 6 weeks.

EVENTS

What are the BBVA Open Talks and what relation do they have to BBVA Open Talent?

BBVA Open Talks are events organized by BBVA to activate and light up the innovation and startup ecosystems in all countries. The event consists in different innovation topics in a variety of modules: panels, keynotes, networking and startup pitch competitions like the Open Talent finals.

How do I know if there is one in my country/city?

In the official BBVA Open Innovation web you can see a calendar with all the information related to these events and other activities of Open Innovation.

What is BBVA Open Summit?

It is an exclusive event where BBVA brings together pioneers and leaders in numerous different fields of technology and innovation. It consists of three days of masterclasses, workshops, startup pitches, performances, and interactive experiences. It offers a varied programme of events to give attendees the chance to explore and gain a greater insight into the world of financial services.