Polar Bear Pitching is a globally recognised startup pitching competition that originated in Oulu, Finland, and is organised annually by BusinessOulu. At the heart of the event is the iconic Avanto (Ice Hole) Pitching Competition, where startup founders pitch their ventures while standing waist-deep in ice-cold water.
The concept is intentionally bold and unconventional, testing not just the business idea, but also the founder’s clarity of thought, resilience, and ability to communicate under pressure. Polar Bear Pitching has grown into a global phenomenon, with Satellite Events hosted in multiple countries, each acting as an official qualifier for the main event in Finland.
The first Indian version was held in 2025, followed by 2026 and now we are bringing the third edition
this November.
Winners of the Satellite Event receive complimentary tickets to the Polar Bear Pitching Main Event in Oulu, Finland, including free travel and accommodation for two nights for the pitching team.
Startups are featured across Polar Bear Pitching’s international platforms, social media channels, and official website
Pitches are evaluated by experienced judges including investors, VCs, ecosystem leaders, and public funding bodies.
The ice-cold format forces founders to strip their pitch down to what truly matters :Clarity, Conviction, and Value.
Satellite Event partners sponsor travel for winning startups to attend the Main Event in Finland.
Satellite Event partners sponsor travel for winning startups to attend the Main Event in Finland. The travel includes a specific Polar Bear Express train from Helsinki to Oulu on Wednesday the 25th of February.
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No. The ice hole is a safe, makeshift setup such as a portable pool filled with cold water and ice, replicating the real one with temperature between 4-10 Celsius degrees.
Yes. Strict safety protocols are followed, including medical support on-site, clear health guidelines, and disqualification for unsafe behaviour.
Wetsuits, neoprene outfits, or scuba gear are not allowed. However, socks or non-slippery footwear are recommended.
No. Polar Bear Pitching is about the quality of the pitch, not endurance.
Satellite Events may allow local languages, but the Main Event in Finland is conducted entirely in English.
Winners receive complimentary tickets to the Polar Bear Pitching Main Event in Finland, free travel (Upto INR 2 Lakhs), participation in the Polar Bear Express train from Helsinki to Oulu and accommodation in Oulu for two nights, global visibility, and the opportunity to pitch on an international stage.
Email: vedika.vaity@t-hub.co
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