Ideathon 2.0 | Flagship Innovation Challenge

***Results for the First round will be announced by July 4***
Ideathon aims to motivate candidates to venture into the business world of given sectors or industries and identify white spaces or gaps in the entrepreneurial space. The candidates must then form problem statements explaining and deconstructing the existing problem. Proper validation of the problem with required authentication by data or other means is essential to explain the gravity of the problem. The problem statement submitted would then be evaluated by experienced personnel at NSRCEL. A select number of problem statements will then be chosen based on the complexity, ingenuity, and relevance in the current business world.

Sectors: E-commerce and retail, Manufacturing and Supply Chain, Healthcare/Biotech/Pharma, Media and Entertainment, Banking and Financial Services, Education and Training industry, Agriculture allied industries.

Participants with entrepreneurial mindset identify a real-life problem in given industries/sectors and display their acumen and expertise in solving the identified problems. We'll give out the industries/sectors where the problem is to be identified and invite registrations for participation from students.

Eximius Organizing Committee, IIM Bangalore in association with NSRCEL brings to you Ideathon, one of the largest Innovation Challenges of the year. No prior IT/Coding experience is required for the same! Just be innovative!

Event Details:

Round 1:

• Problem Identification in specific industry sectors (elimination based)
• Real-world problems/white spaces to be identified in given sectors or industries.
• A presentation of 1 slide on the introduction of the team + 2 slides on problem statement + up to 5 slides of supporting exhibits/appendix. (A preface slide should capture the profiles of team members.
• The first of the next 2 slides should describe the problem/white space identified, second slide to establish the backing of the problem through qualitative commentary and quantitative metrics with the help of primary, secondary, and market research.
• Exhibits should show the data tables, references, and sources of data utilized).
• Submissions are to be evaluated based on the genuineness and novelty of the problem/ white space identified and the quality of the data and explanations backing up the problem/white space in the market identified.
• The problem should be solvable and the team should be able to come up with a go-to-market strategy. The problem identified should be a real pain point for the sector.

Round 2 (Grand Finale):

• It'll be an offline round at IIM Bangalore.
• The respective teams of the top selected problem statements will be invited to participate in the Grand Finale of the Ideathon challenge.
• The selected problems and teams will be mixed and matched - a problem statement, from the existing pool of selected top ten, will be randomly allocated to each of these finalist teams.
• The teams are encouraged to think creatively and come up with unique ideas to address and solve the assigned problem during the next 10 to 12 hours (the night of the 6th July to the 7th  July (Morning).
• At the end of the round, teams will present their ideas to a panel of judges, who evaluate and provide feedback on the proposed solutions.

Rules:

• A minimum of 1 to a maximum of 5 people can make a team to participate in the Ideathon.
• A member can be part of only one team.
• Participants can be from different institutes.

So what are you waiting for?

Start Ideating & Register!