About four months ago I had an idea that I thought might make a great business case, and two weeks ago I won my first \u201cstart-up\u201d competition. To be honest, four months ago I didn\u2019t really know these competitions existed.<\/p>\n
My idea for improved communication between medical staff and relatives of patients transpired from personal experience \u2013 when my grandfather had a stroke at the beginning of summer, it was frustrating to have such limited access to information about his daily well-being. By coincidence, I came across the Solve for Tomorrow Challenge sponsored by Samsung and hosted by ekipa. The latter is an amazing team of people who want to \u2018combine the innovation potential of the digital generation with the power of established organisations from business and politics to shape a sustainable change towards an innovative society\u2019.<\/p>\n
The Solve for Tomorrow Challenge in particular aims at fostering innovative ideas in the areas of sustainability, health, and education. To participate, you only needed to have a good idea, no other experience necessary. When I submitted my proposal, I didn\u2019t think very much of it, but to my great surprise, I found myself at a two-day bootcamp with Samsung and ekipa a couple of weeks later. During the bootcamp I got to discuss my idea with several experts in the fields of VR, 5G, corporate responsibility, etc. and was able to gather some constructive feedback. After a first pitch at the end of the two days, the best five teams moved on to the next phase. For the following six weeks, each team was allocated mentors to help prepare for the final pitch that would determine the three winning teams. An intense day of workshops at the Samsung HQ in Schwalbach kicked off that process at the beginning of August. Together with my two very dedicated mentors, I used the six weeks to translate my idea into a minimum viable product, conducted research, and put together my final presentation. Working part-time and having university classes again meant that, yes, this was a tiny bit stressful.<\/p>\n
The best three teams have now not only won a generous amount of prize money but also get to participate in Samsung\u2019s own accelerator \u2013 the IMPACT phase. For the next six months, we will be supported by Samsung and its technologies, ekipa, technical coaching partners, as well as external experts and mentors to help us turn our ideas into reality. A great example of what can come of this is last year\u2019s winning team \u2013 Heartucate \u2013 who have officially founded their own company.<\/p>\n
Before this challenge, I had never actually considered starting my own business. The whole start-up thing seemed a little out of my league, and I am still not sure I am cool enough for everything that seems to come with it (I don\u2019t particularly like playing table tennis at the office to be honest).<\/p>\n
I am, however, very excited and grateful to have been given the opportunity to go through this process and also to apply a lot of the skills we have acquired at FS so far. To make the most out of the IMPACT phase I am now in the process of building up a small team so that together we can take my idea to the next level. Let\u2019s see what the next six months will bring!<\/p>\n
______________________<\/p>\n
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