Steven A. Rodriguez, startup community manager at GEN, on the new Startup Compete platform for business plan competitions at the Global Entrepreneurship Congress in Medellin, Colombia.
4. How It Works
Design
• Identify your focus
• Set the goal, challenge
metrics and guidelines
• Discover existing
innovators
Launch
• Announce the challenge
• Recruit innovators
• Engage and build
community excitement
Educate
• Support and encourage
innovators
• Community
engagement
• Judging
Award
• Announce
• Present
• Publicize
Results
5. Customized Experience
• Creating a challenge is about taking a framework
and translating it into a competition. The most
important part about a competition is WHERE you
set the bulls eye.
• It’s about asking the right question that will expose
people to entrepreneurship…START the spark!
6. #ofRounds
When Designing a Challenge,
there are a variety of levers that
can be pulled on in order to
determine the “right” competition
that will motivate innovators to get
involved.
Tie In Your Goals
Focus
Awards/Prizes
Engagement
Complexity
8. Great Opportunities
• For everyone:
– Lots of potential fans like investors, corporates, talent and
experts involved
– International exposure and network in 160+ countries
– Exciting and educating process where you get feedback
and learn more from experienced fans
9.
10. Managing a Competition
• Some Cons:
– Web presence ideal
– Application storage
– Judging
– Rounds
– Management…
12. • A single platform that helps streamline
the way you manage and conduct
startup competitions.
Simplify Your Work
13. Simplify Your Work
• It allows an organizer to customize questions and
rounds, invite and sort judges, and manage
everything from one spot.
• It is also white-label, meaning you get to brand the
experience as your own.
14. Easily manage:
• Updates and reminders
• Questions and files
• Complex timelines
• Email history
• Your TIME!!!
Simplify the process for:
• Administrators
• Judges
• Applicants, team members, advisors