Online Demoday NewFood 2020 will be executed to select 3 strongest performing companies. The Best 3 will have the prizes as initial investment.
Up to US$ 20,000 in funding & services to each Best 3 NF 2020 in exchange of 20% equity to Ultra & Float Foods and licensing right to Float Foods for outside Indonesian market.
The next stage investment to 10 strongest performing companies can be up to
US$ 50,000 in funding & services and executed partially depending on their growth & performance indicator