The deadline for applications is May 6, and anyone interested can apply here.

PortfoLion VC selects applicants, and the ideal candidate for the presentation of his idea is seeking funding for business model validation, product enhancement and business development, the release said.

Preferred industries include, but are not limited to e-commerce, big data, IT infrastructure, financial software, artificial intelligence, and machine learning.

Five selected startups will receive five minutes each to present their solution, business model and growth plans, after which they will receive feedback and advice from an expert advisory panel consisting of Marvin Liao (investor), Aurel Pasztor (PortfoLion VC), Krisztian Flautner (Banzai Cloud) and Jimmi Fong (SEON). The whole event will be broadcast on the Hopin platform.

One of the speakers will be US entrepreneur and investor Zak Koelius, a $ 1 billion Cruise Automation investor sold to General Motors.