Ideathon

Ideathon is a series of challenges that will be organized periodically to motivate young people to innovate and to enable them to acquire the knowledge and tools needed to foster the development of innovative skills and originate ideas using information and communication technology in order to provide solutions to society pressing challenges using the principles and methodologies of creative thinking.

OVERVIEW

In response to Egypt’s and the world’s need for innovators and entrepreneurs who have the power to address today’s challenges and problems, and in line with Egypt’s Sustainable Development Strategy (SDS): Egypt Vision 2030, that aims to develop a knowledgeable and innovative community that attain the strength, growth and leadership of the country and its welfare.

It will also help to turn innovative ideas into startups as a basis for creating a generation of entrepreneurs and change makers. This is achieved through interactive ONLINE workshops in a competitive and inspiring environment for young people and through collective action to develop possible solutions.

What is Ideathon?

Ideathon is mainly targeting “InnovEgypt “graduates to help them building up on their efforts and take their ideas to the next level.

This is achieved through a group of Interactive ONLINE camps over 4 days. These camps also provide young people with an opportunity to build up on their ideas creatively and to know more how to turn their ideas into companies.

Throughout these camps, projects will be connected to a group of mentors to help accelerate the development of projects to compete in the finals for financial awards that sums up to 360,000 EGP. In addition to 40 opportunities for joining TIEC accelerator program.

Ideation Stages

Each Ideathon mainly consists of 3 phases:

1Registration phase:
In this phase the top teams in each InnovEgypt group, would be encouraged to apply to the Ideathon in order to continue working on their ideas, and to have the opportunity to compete together to hunt the awards and nominate to TIEC accelerator program. The best teams will be selected after initial screening to check their eligibility and maturity to participate.

2Project Development Phase:
This is the phase where action begins, where teams are given the opportunity to develop their ideas by the aid and support of business and technical mentors to push them forward to a better form and to compete in the next and last phase.

3Final phase:
This phase will run on 4th (last) day of the Ideathon where the teams have to submit their final projects, and to present their work in front of the judging panel . The final winners will be chosen according to the announced criteria .

IDEATHON CHALLENGE

Human Development & National Identity Diffusion

The challenge is aiming at coming up with innovative technology-based services & solutions to foster the cultural, national identity, and human development services & solutions in Egypt. According to the inspirational Indian Gandhi’s ideology: “development is not merely about money and wealth; it is also about ethics and values that all societies respect”.

Who can participate ?

Top teams among InnovEgypt program, will be contacted from Ideathon team in order to register in the camp in which they eligible to participate in.

WHY TO PARTICIPATE?

In addition to the awards, other benefits include-but not limited to:

Developing valuable leadership and communication skills, network with collogues.

Full business and technical mentorship to your project throughout camp days.

Access to Electronics innovation Hubs.

What is Electronics innovation Hubs?

Electronics Innovation Hubs has been established by ITIDA through "Egypt Makes Electronics" initiative, which aims to stimulate the electronics industry, each hub contains four integrated laboratories and Co-working spaces represented in:

1- Electronics and IoT Development Lab (4G-enabled),

2- Multi-layer PCB Fabrication, Assembly and Testing laboratory,

3- Digital Prototype Fabrication Lab.

4- Co-Working Spaces.

Electronics Innovation Hubs are technical prototyping platforms for innovation and invention, providing stimulus for local students, graduates, entrepreneur and startups. The Electronics aim to leverage the whole value chain products development, starting from idea creation, system design, PCB fabricate/assembly/test, packaging digital fabricate to final product or system prototyping for mass production.

These hubs are established in 3 locations:

1- 6th of October - Smart Village, ITIDA-TIEC Premises.

2- Borg El-Arab, Innovation Hub in Technology Park.

3- Assiut, Innovation Hub in Technology Park.

Evaluation Criteria

1. Idea Novelty: the degree of innovativeness and novelty of the idea.

2. Team Ability: the team and its managerial and technical capabilities.

3. Market Potential: target segments, market size, estimated revenues.

4. Impact:the impact at the local/ national/ global level.

5. Maturity Level:the degree of development and maturity the project has achieved.

Timetable

#	Ideathon Serial	Start Date	End Date
1	Ideathon#1	13 Aug 2020	16 Aug 2020
2	Ideathon#2	20 Aug 2020	23 Aug 2020
3	Ideathon#3	27 Aug 2020	30 Aug 2020
4	Ideathon#4	10 Sep 2020	13 Sep 2020
5	Ideathon#5	24 Sep 2020	27 Sep 2020
6	Ideathon#6	1 Oct 2020	4 Oct 2020
7	Ideathon#7	22 Oct 2020	25 Oct 2020
8	Ideathon#8	12 Nov 2020	15 Nov 2020

Partners

Awards

20,000 EGP

First place

Cash prize + 3 month accelerator

15,000 EGP

Second place

Cash prize + 3 month accelerator

10,000 EGP

Third place

Cash prize + 3 month accelerator

3 Month Accelerator

Fourth Place

3 Month Accelerator

Fifth Place

Startups

Beneficiaries

​Ideathon

Ideathon