01. IDEASMASH

IDEASMASH

Connecting science, technology and innovation with business and entrepreneurship: solving global “wicked problems” by applying the capabilities of the Fourth Industrial Revolution.

Stelenbosch-University
02. Purpose

Purpose

The purpose of our initiative this year is to engage stakeholders and champions at our university that share our vision for co-curricular inclusion aimed at broadening the learning experience of students, by exclusively giving them a taste of the real world and its complexities in areas that affects our collective responsibilities towards alleviating these pains. We want to work with senior managements, deans of faculties, head of departments, alumni, project leaders, and custodians of special projects within the university to join forces with us, and make this dream a reality.

We are looking for submissions from students that are creating businesses that perform activities that contribute to the research, development and design of new products or to improving existing products, and that generate new technological knowledge for adoption by the marketplace; or new services in the implementation of or significantly improve production or delivery methods.

Examples include: medicines, products, infrastructure, innovative financing mechanisms, business modeling and insights using specialized capabilities, etc.

Our starting point is to host a series of masterclasses in specific areas relevant to our core sectors of focus as far as this competition is concerned.

The LaunchLab, in partnership with the office of the Vice Rector for Innovation, and the SRC is looking for startup business ideas in multiple categories, including but not limited to following:

 

  • Supply Chain and Logistics
  • Additive Manufacturing
  • Data Science and Machine learning
  • application
  • Health Care and Biomedicals
  • Business Modeling and Simulation
  • New Media
  • IoT and Smart Cities
  • Education
  • Clean technology
  • Blockchain integration
  • Innovation infrastructure
  • Social Innovation/Revolution.
  • Agriculture and food.
  • Wine Innovation.
  • Retail
  • Mining Metals
  • Industrials
categories
03. THE DETAILS

The Details

Pitching Finals: 14 May 2019

We will be receiving 3 minute video pitches online until the 29th of April where you can upload a file on YouTube of your concept and idea.

After receiving hundreds of entries, we will shortlist 15 concepts.

The finalists will be invited to our pitching platform, where they will get 4 minutes to pitch their business.

The following points should be addressed within the pitch submission:

  1. Problem and need
  2. Value proposition
  3. Social Issue addressed/Target market
  4. Sustainability and profit model
  5. Business Idea or Solution
  6. Team

Then our judges will have 4 minutes to ask questions of the entrepreneurs. At the end of the evening, judges will select the winning concepts and Ideas.

Winning Ideas or concepts would get the following benefits:

  • A share of R 50 000
  • A certificate of recognition from the office of the Vice Rector of Research and Innovation
the-details
04. ENTER CHALLENGE

Up To The Challenge?

If you are a Stellenbosch University student with an innovative business idea, enter your details in the form below.