The Hyperloop Transportation Technologies Digital Innovation Challenge powered by Catalysts summons participants eager to demonstrate their problem solving prowess and direct their energies towards the incredibly complex challenges of transportation today. The event taking place in Bratislava’s „old market hall“ – Stará tržnica.
Over the course of 8 hours participants will gain exclusive access to a new digital ecosystem created by HTT and Catalysts in order to develop innovations and business models aimed at solving some of today’s most pressing issues across all forms of transportation and to generally make travel fun again.
1st: Round-trip travel to Los Angeles to visit the Hyperloop Design Center
2nd: An opportunity to further your projects for two weeks in Paris as our Hyperloop Summer Invitation Fellow
3rd: Exclusive dinner on July 7th with the CEO of HTT, Dirk Ahlborn and 10 hours of mentoring in Bratislava with the Hyperloop Transportation Technologies team.
In addition, selected start-ups will be eligible to leverage the Amazon Web Services Start-up Package, which includes a grant up to USD$15,000 in AWS credits, training, premium support, and more…
* Miroslav Lajčák, Deputy Prime Minister of Slovakia
* Towercom (http://www.towercom.sk/en/)
* ANEXT (http://anext.sk/)
* Lufthansa Innovations
* Deutsche Bahn Konzern d.lab
* Amazon Web Services
If you have any questions, do not hesitate to contact the organizers: https://join.skype.com/
This channel will also be available during the event.
Schedule (times in CEST):
09:30 Hackathon starts
17:30 Hackathon ends
18:00 Award ceremony
Information for online participants:
Produce a short video clip (3-5min) explaining what you worked on. This could be a screencast, a presentation of a business plan, an explainer video, …
Just make sure to submit your video before 17:30.
Snacks will be provided throughout the day.
Bring your own laptops.
Hyperloop Transportation Technologies Digital Challenge
The core value of the Hyperloop Transportation Technology Digital Challenge is to get people to solve problems. In the information age, problem solving has become a key skill for any knowledge worker and the creative industries.
Participants will show off their problem solving skills with some guidance and orientation provided by the organizers. Their ideas and projects should revolve around a topic that is challenging in nature, but within cognitive reach so it can be understood and researched in a straightforward manner.
The pursued ideas, projects, and products are not regulated to allow for creative interpretation of the topic and potential combinations with other elements of the challenger’s choosing.
You will have eight hours to work on your projects. Prepare: a pitch (2 minutes); and/or lightning talk (5 minutes); and/or an investor slide deck.
Your work will be judged by a jury nominated by the organizers. They will rate your work based on the following criteria:
● Innovation Potential
The more innovative your idea is, the better. Ideally it should have the potential to disrupt a market or open up an entirely new market.
If what you propose is impossible, this decreases the value of your idea.
● Elaboration of your Business Model
We know that 8 hours is a very short timespan for sophisticated ideas and projects, so we will try to asses how well you performed based on the short time frame.
*These criterias are just examples and subject to change.
Hyperloop Transportation Technologies aims not only to provide fast transportation. In order to fix public transportation we need to solve many issues beyond the mere movement of people or goods. Travel is a terrible experience. Long lines, waiting for luggage, delayed buses and trains, no communication between passengers, poor optimization of resources…
Public transportation is heavily subsidized and the exploration of new business models, upsells, and creation of new service industries can disrupt this. Imagine a public transportation system that was not only costefficient but costeffective.
Only the creation of a unifying ecosystem can break the existing paradigm of transportation woes—and no company can do it alone. We want to create an environment where HTT provides the infrastructure upon which others can build their businesses.
There are many new business models, services, and other applications that have the goal of solving travelers’ issues and problems. This could be local (such as taxi, Uber, local bus, etc.), as well as long distance (plane, train, regional bus, etc.) travel. But we feel that these solutions haven’t quite measured up to the dynamic problems within the field.
The main goal of this Digital Challenge is to provide app solution for the Marketplace, which seamlessly integrates with the existing Hyperloop app ecosystem. Think of it like an app store for traveling and commuting.
Participants should devise a concept that makes travel an experience again, solves an issue, entertains, informs, or distracts riders.
- What is your process during your daily commute?
- What problems did you face during your last trips? What did you like? Dislike?
- What would be fun for you during your daily commute or longer trip?
- What services would you use during your commute?
Define alternative business models around knowing your customer, their location (highly targeted), where they are going, where they are coming from, and what they like.
In parallel to implementing your service, think about how it could improve people’s lives, increase reach of the ecosystem, and yield a profit.
Describe a business case for the service. Follow wellestablished patterns, such as the Lean Canvas or the Business Model Canvas. There are numerous resources on the Internet that will guide you through building a business model. It boils down to asking yourself a handful of basic questions:
- Who is your target audience? Be as specific as possible and focus on a small group of people at first, then broaden your thinking to reach more
- What values are you offering? What incentives do they have to use your service?
- What is your value proposition?
- What relationships do you want to maintain with your customers?
- Which channels can be used to promote your service and how do you plan to reach your target audience?
- What resources, activities and relationships are key in order to provide the service?
- What will running your service cost?
- How can you generate revenue?
The following data will be provided:
- Train, Taxi, Bus, Tram, Metro, Plane
- Passengers, personal properties, bookings, trips
- Spatial Availability: Central Europe
- Temporal Availability: 6 weeks