AI Venture Sprint: AI-Based Entrepreneurship Competition

AI Idea Screening

• Participants must submit their AI Startup Idea in a structured concept format.
• Each team should clearly define a real-world problem and explain the use of AI/ML/GenAI.

The submission must include

1. Problem Statement (100 words)
2. AI Solution Overview (100 words)

• Ideas will be evaluated based on clarity, innovation, real-world relevance, and feasibility.
• Shortlisted teams for Round 2 will receive further instructions and the Round 2 pitch deck template.

Objectives:

• Assess the clarity and originality of AI startup ideas.
• Identify AI solutions solving impactful real-world problems.
• Encourage concise and effective articulation of AI concepts.
• This is a submission round. 

The “Submit” button will appear once live.

AI Pitch Deck Evaluation

The following points describe the details about this round:

• Shortlisted teams from Round 1 will submit an 8-10 slide AI pitch deck in PPT or PDF format.

• The pitch deck must cover:

1. Problem & Market Opportunity

2. AI Technical Solution (Architecture, Data Strategy, Deployment) 

3. Competitive Landscape 

4. Business Model & Revenue Strategy

5. Go-to-Market Plan

6. Team Expertise

7. Financial Projections & Funding Ask

• Submissions will undergo an originality check for plagiarism.

• The highest-scoring teams will advance to the final live pitch round.

Objectives:

• Assess the technical feasibility and innovation behind the proposed AI solution.

• Evaluate market potential, scalability, and overall business viability.

• Encourage participants to transform their ideas into structured AI startup pitch decks.

Live AI Pitch Finals (Zoom)

The following points describe the details about this round:• Shortlisted finalist teams will present their AI startup live via Zoom.• Teams will receive their presentation slot and meeting link 24 hours prior.• Each team will get: 1. 10 minutes to pitch 2. 5 minutes of live Q&A with the judges• Judges will evaluate clarity, technical depth, business strength, and the team’s ability to answer questions.• Final scores will determine the top winners of the challenge.• The decision of the judging panel will be final and binding.Objectives:• Provide a platform for teams to justify and refine their AI solutions through live presentations.• Evaluate communication skills, depth of understanding, and real-time problem-solving ability.• Ensure transparency and fairness through expert jury evaluation.