Startup Compete

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MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O UNLEASHING IDEAS ONLINE COMPETITION MANAGEMENT PLATFORM Steven A. Rodriguez

Transcript of Startup Compete

Page 1: Startup Compete

MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

UNLEASHINGIDEASONLINECOMPETITIONMANAGEMENTPLATFORM

StevenA.Rodriguez

Page 2: Startup Compete

MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

Completion Time4 Months

Innovators490 Startups

ResultsDevelops connections between students and local enterprise community, and brokering mentorship with local business leaders.

Spur student innovation

RwandaBusinessIdeaChallengeAcademic,Local

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MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

Completion Time6 Months

Innovators750 Startups

ResultsOpportunity to meet and network with over 250 venture capital principals, early stage investors, and successful entrepreneurs.

Incentive Challenge

BusinessPlanCompe<<onAcademic,Global

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MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

Completion Time1-12 Months

Innovators900 Startups

ResultsFind out later at 4pm!

Change is in the challenge

Innova<onChallengeNa9onal,Regional,&Global

Innovation in agriculture

Page 5: Startup Compete

MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

Completion Time1-12 Months

Innovators3,000 Startups

ResultsFind out later at 6pm!

Change is in the challenge

PitchCompe<<onLocal,Na9onal,Regional,&Global

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MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

Completion Time1-12 Months

Innovators4,600 Startups

ResultsConnects them to investors and global markets and strengthens their innovative capabilities to the benefit of industry and society.

Creative industries

Innova<onChallengeNa9onal,Regional,&Global

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MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

HowItWorks

Design

•  Identify your problem

•  Set the goal, challenge metrics and guidelines

•  Discover existing innovators

Launch

•  Announce the challenge

•  Recruit innovators

•  Engage and build community excitement

Educate

•  Support and encourage innovators

•  Community engagement

•  Judging

Award

•  Announce

•  Present

•  Publicize

Results

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CustomizedExperience

•  Crea9ngachallengeisabouttakingaframeworkandtransla9ngitintoacompe99on.Themostimportantpartaboutacompe99onisWHEREyousetthebullseye.

•  It’saboutaskingtherightques9onthatwillexposepeopleandeducate….STARTthespark!

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FocusOnYourGoals

High

Medium

Low

#ofRou

nds

Focus

Awards/Prizes

Feed

back

Complexity

WhenDesigningaChallenge,thereareavarietyofleversthatcanbepulledoninordertodeterminethe“right”compe99onthatwillmo9vateinnovatorstogetinvolved.

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GreatOpportuni9es

•  Forthewinners:–  Awesomeprizes

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GreatOpportuni9es

•  Foreveryone:–  Lotsofpoten9alfanslikeinvestors,corporates,talentandexpertsinvolved

–  Interna9onalexposureandnetworkin80countries–  Exci9ngandeduca9ngprocesswhereyougetfeedbackandlearnmorefromexperiencedfans

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ManagingaCompe99on

•  Cons:– Webpresenceideal–  Applica9onques9ons–  Judging–  Rounds– Management…

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•  AsingleplaYormthathelpsstreamlinethewayyoumanageandconductstartupcompe99ons.

SimplifyYourWork

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SimplifyYourWork

•  Itallowsanorganizertocustomizeques9onsandrounds,inviteandsortjudges,andmanageeverythingfromonespot.

•  Itisalsowhite-label,meaningyougettobrandtheexperienceasyourown.

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Easilymanage:

•  Updatesandreminders

•  Ques9onsandfiles

•  Complex9melines

•  Emailhistory

•  YourTIME!!!

Simplifytheprocessfor:

•  Administrators

•  Judges

•  Applicants,teammembers,advisors

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FinalThoughts

•  StartupCompetehelps:–  Createexposuretoentrepreneurship–  Developstartup-upskillsandhumancapital–  Simplifyyourwork

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MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

LearnByDoing.Theoryisnice,butnothingreplacesactualexperience.

TonyHsiehCo-Founder,Zappos

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NextSteps

•  DoyouknowanyonethatcanbenefitfromthisplaYorm?

Letthemknow!

Page 20: Startup Compete

MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O

PLEASE REACH OUT TO US AT: [email protected]

ThankyouLet’sbuildourstartupcommuni9estogether!