CLUB ACTIVITIES

Hult IDEAthon 1.0 – Grand Finale

COMMITTEE MEMBERS:-

FACULTY COORDINATOR

About Event (HULT PRIZE):

Hult on-campus selection is done by conducting an event which consists of several teams of 3-4 members each and each team would be put through several rounds and would be judged as per the criteria given by Hult and the team that wins the On-campus round move on to the Regional round and from there continue their journeys forward. The On-campus round can be conducted through online or offline mode whichever is convenient depending on the situation of the current pandemic.

 

JUDGES:

  1. Shilpa Sharanappa – Project Lead, Collins Aerospace,13yrs in Project Management and Data Analytics
  2. Ashwini JS – Co-founder and CEO of AIRYTAILS PVT LTD
  3. Mohammed Taha Hussain- founder and Managing director of POTENTIAL FOODS PVT LTD

 

OPENING OF THE EVENT:

Tahoora and Nayrah started the competition by welcoming the participants and the judges. The judges spoke a few words anticipating the presentations of the participants. We started the round without much delay on our part and the first team to present was Team Navomesh followed by Team ThinkerCrew, Team Amplify, Team Pheonix and the last team to present was Team Scavengers.

 

RULES:-

For Round 2: Grand Finale

Top 05 team reaches the Grand Finale, where they must pitch their idea in front of the judges. The Teams must prepare for a 10-minute presentation followed by a 15-minute Q&A session by the panel.

Each first-round submission will be reviewed and judged according to:

 

Idea

  • Value Proposition
  • Originality, Innovation
  • Impact on the big problem

 

Preparation for Launch

  • Target Market, Customer Identification and Segmentation
  • Pricing Model
  • Core Revenue Model and Supporting Revenue Streams

 

Execution Plan

  • Marketing Strategy
  • Sales Strategy
  • Scalability

 

Product/Service

  • Differentiation from Existing competition
  • User Experience
  • Identification and Addressing of Major Risks

 

Rules:

1.The competition is open for undergraduate and postgraduate students.

2.The maximum team limit is four members per team.

3.All team members should be enrolled, students.

4.A student cannot be part of more than one team.

5.No plagiarism of ideas would be entertained.

6.The decisions of the judges are final, including interpretation of the rules and allocation of prizes.

 

WINNING TEAM:

Team NAVOMESHwho were the “Farmaholics” won the competition and Team Thinker Crew with their project “Sprout out” secured the second place.

 

Team NAVOMESH: Team leader- Abhishek Bedant (1NH19EE004, bedantabhisek@gmail.com) Other team members- Bharatdeep Hazarika(1NH19CV023,bharatdeep.race@gmail.com) , Devanshi Shrivastava (1NH19EC026,Devanshi.Shrivastava0700@gmail.com) ,Sachin R (1NH19EC100, sr7243446@gmail.com)