Startup Compete
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Transcript of 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
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
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
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
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
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
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
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
CustomizedExperience
• Crea9ngachallengeisabouttakingaframeworkandtransla9ngitintoacompe99on.Themostimportantpartaboutacompe99onisWHEREyousetthebullseye.
• It’saboutaskingtherightques9onthatwillexposepeopleandeducate….STARTthespark!
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
FocusOnYourGoals
High
Medium
Low
#ofRou
nds
Focus
Awards/Prizes
Feed
back
Complexity
WhenDesigningaChallenge,thereareavarietyofleversthatcanbepulledoninordertodeterminethe“right”compe99onthatwillmo9vateinnovatorstogetinvolved.
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
GreatOpportuni9es
• Forthewinners:– Awesomeprizes
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
GreatOpportuni9es
• Foreveryone:– Lotsofpoten9alfanslikeinvestors,corporates,talentandexpertsinvolved
– Interna9onalexposureandnetworkin80countries– Exci9ngandeduca9ngprocesswhereyougetfeedbackandlearnmorefromexperiencedfans
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
ManagingaCompe99on
• Cons:– Webpresenceideal– Applica9onques9ons– Judging– Rounds– Management…
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
• AsingleplaYormthathelpsstreamlinethewayyoumanageandconductstartupcompe99ons.
SimplifyYourWork
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
SimplifyYourWork
• Itallowsanorganizertocustomizeques9onsandrounds,inviteandsortjudges,andmanageeverythingfromonespot.
• Itisalsowhite-label,meaningyougettobrandtheexperienceasyourown.
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
Easilymanage:
• Updatesandreminders
• Ques9onsandfiles
• Complex9melines
• Emailhistory
• YourTIME!!!
Simplifytheprocessfor:
• Administrators
• Judges
• Applicants,teammembers,advisors
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
FinalThoughts
• StartupCompetehelps:– Createexposuretoentrepreneurship– Developstartup-upskillsandhumancapital– Simplifyyourwork
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
MEDELLÍN 2016 # G E C 2 0 1 6 | @ G E C G L O B A L | G E C . C O
NextSteps
• DoyouknowanyonethatcanbenefitfromthisplaYorm?
Letthemknow!
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!