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Global Entrepreneurship Week Unveils List of Innovative New Startups

Peerless Wind Systems named as one of the top 50 global startups for 2014

Oct 30, 2014

"GEW 50" demonstrates that entrepreneurship is more than mobile apps

WASHINGTON, D.C. - Oct. 27, 2014 - Global Entrepreneurship Week today announced its annual "GEW 50" - a list of 50 innovative new companies selected as finalists of its Startup Open competition. Sixty-four percent of the startups on the list originated outside of the United States.

The GEW 50 recognizes startups from 19 countries representing an even more diverse range of industries - including biotechnology, communications, education, energy, entertainment, fashion, finance, health/medical and more.

"Entrepreneurship is more than just the latest collection of mobile apps targeted toward consumer convenience and entertainment," said Jonathan Ortmans, president of Global Entrepreneurship Week. "It is an increasingly global phenomenon with new and young firms driving innovation and solving real-world challenges regardless of where they are located."

Last year's Startup Open grand prize winner, Teddy the Guardian, is one example of a successful young startup with a primary focus outside of the mobile apps industry. The Croatian startup is based on a children's toy that doubles as a health-tracking device through embedded medical sensors.

More than 600 startups from 38 countries entered the competition and were judged on their concept and growth projections for their businesses as well as their knowledge of their industries. Each of the competing startups was required to have a "startup moment" between GEW 2013 and GEW 2014 (Nov. 18, 2013 to Nov. 17, 2014). A "startup moment" is anything that can be interpreted as the company is "open for business," such as becoming incorporated, completing a first sale or securing outside funding.

The Startup Open grand prize winner will receive an all-expenses-paid trip to Milan, Italy, where they will attend the Global Entrepreneurship Congress (GEC) in March 2015. The GEC brings together entrepreneurs, investors, global leaders and startup champions from more than 150 countries to explore the best ways to build and strengthen entrepreneurial ecosystems. As part of the experience, the Startup Open winner will have the opportunity to showcase his or her startup on a global scale and meet with potential collaborators, mentors and others to help the startup grow.

The countries represented by the 2014 GEW 50 are: Australia, Bangladesh, Canada, China, Denmark, Dominican Republic, Egypt, France, India, Ireland, Israel, Italy, Mexico, Pakistan, Philippines, Romania, Sweden, United Kingdom and the United States.

For a complete list of the GEW 50, visit

Startup Open is organized by Global Entrepreneurship Week and supported by the Ewing Marion Kauffman Foundation and Dell.

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About Global Entrepreneurship Week

During one week each November, thousands of events and competitions around the world inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors. In six years, Global Entrepreneurship Week has expanded to 150 countries—building and strengthening entrepreneurial ecosystems around the world. Powered by the Ewing Marion Kauffman Foundation and sponsored by Dell, the initiative is supported by dozens of world leaders and a network of roughly 10,000 partner organizations. For more information, visit and follow GEW on Twitter (@unleashingideas) and on Facebook at

About the Kauffman Foundation

The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that aims to foster economic independence by advancing educational achievement and entrepreneurial success. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo., and has approximately $2 billion in assets. For more information, visit, and follow the Foundation on and

Peerless Wind Systems listing in the GEW 50


Peerless Wind Systems
Boynton Beach, FL, USA
Jay Moskowitz

An artistic yet highly energy efficient vertical axis wind turbine has been created out of the world of kinetic art, for use in the urban environment, island nations and emerging countries where over 1 billion people have little or no electricity. Our patent-pending electric generator incorporates new technologies to increase energy efficiency, and is married with the turbine to deliver more energy than turbines of similar size. Its performance and operations center monitors the operation of every installed turbine globally.