So many ideas from all around the world directed toward entrepreneur journey
Chandigarh University CU-TBI (CGI office), Apr 22, 2020: CGI organized
HACK-A-PRENEUR event in which more than 500 teams from across the world participated in this event to showcase their ideas to the investors, the majority of the candidate was from Russia, Japan, Israel, Canada & India. This event got 2nd position in terms of popularity and participation on https://dare2compete.com/
“Hack-A-Preneur” a global virtual Hackathon is held to encourage and support the innovators of the world regardless of their technical expertise. This event was opened for everyone who needs guidance, resources, and funding to get started. It provided every dedicated being-
- An opportunity to get connected with angel investors &
- An opportunity to learn the ropes!!
- A chance to transform their ideas into reality
Participant showed their divergent ideas related to space technology, farming, medical & social welfare, etc. the best part of this event was its online platform which helped participants & investors to connect to each other from the comfort of their homes during worldwide lockdown situations and they got able to utilize their free time in such bigger platform buckets with lots of opportunities.
The event happened in three rounds from 5 Apr’20, 12:00 AM IST to 23 Apr’20, 10:21 PM IST.
Registrations were live from date 5 Apr’20 till 13th Apr 2020. More than 500 teams registered in which 200+ international players.
Round 1: Pitching /Ideation (13 APR’20, 12:00 AM IST to 15 APR’20, 11:59 PM IST)
A two-minute video presentation or a PPT describing the problem statement and the solution proposal.
500+ candidates shared their 350+ ideas on the portal in this 1st round.
Round 2: Proof of concept of the problem (16 APR’20,(12:00 AM IST) to 19 APR’20,(11:59 PM IST)
The evaluation was done on the basis of the proof of the concept. The organization made no barriers to IPR secrecy; provided there should be clarity about the solution and how to solve it.
98 applications were selected for this round after successfully convincing about solution concept. They were evaluated by the team of the jury which consisted of Mr. Rohit Tripathy (Ranchi Mall), Mr. Amardeep Kaushal (Corporate Consultant), Mrs. Kasturi Sinha (Life Coach & trainer) and Mrs. Asha Pandey (Ideapreneur).
Round 3: Business model (21 APR’20, 12:00 AM IST – 23 APR’20, 10:16 PM IST)
After presenting business model top 10 candidates/startups selected as top finalists. No comparison were made between the finalists. All of them were connected to the investor. They are:
- P2F: Plastic waste management system.
- VerbalEyes: Device to deal with patients suffering from neuron diseases.
- Srikanth Iyer: A new platform for presenting classical and cultural art and music.
- C-4: Conserving water by atomizing it.
- GrabOfit: Providing a customized product to consumers based on their requirements.
- Electrine Ingenum: Transforming non-renewable led vehicles to run on electricity.
- LioDio: Development of an algorithm in the form of an app to monitor and manage loans.
- Educaffe: Promoting a new form of upskilling and re-skilling.
- Ayush Mahajan: Developed an Exoskeleton to assist in the movement of the paralyzed persons.
- Robbies: Created a blockchain-based monitoring system for food grains.
Certificates to all the participants were provided. Winners were also given a chance to pitch for millions of dollars in funding opportunities with many other perks and benefits. It was a great opportunity for innovators. And the best part of this event was that all the winners will automatically get an opportunity to get connected with CGI i.e they will get an opportunity to attend all the upcoming events of CGI for free.
Confederation of Global Innovators (CGI) is a non-profit organization, a global community that helps the youth of the country to pursue what they desire to become in the long run. We build a path for you so that you can exponentially grow which eventually helps in bridging the gap among the economies of the world and ensure that there should be global growth. CGI has worked tremendously towards promoting, thriving, and establishing a global community where everyone is regarded as a team and we always appreciate and welcome everyone with innovative aspects.
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