Venture Verse
Venture Verse (Entrepreneurship): A startup challenge where teams pitch socially responsible business alternatives to industry giants, complete with a working website prototype.
Overview
Theme: "The David vs. Goliath Challenge: Disrupting the Giants"
Tech giants dominate but often ignore ethics and personal touch. Startups can outperform them by targeting their weak spots. Design a local, user-friendly, socially responsible alternative that focuses on community, customer care, and fair practices.
Prelim Rules (Online)
Develop a working website prototype.
Incorporate open-source LLMs/SLMs or Generative AI if required.
Submit a 5–6 minute video (including opening and ending credits) explaining the business model, profitability, and all the above points
Final Round Rules
5 teams with the best idea will be selected for the final round to pitch in front of the judge.
The pitch should include all the factors which are important from a business point of view, such as model, revenue, and differentiation.
Pitch duration: 10–15 minutes.
A prototype in the form of a website should be presented, with all factors represented across different pages.
Plagiarism will result in disqualification.
All participants must strictly follow the instructions of the coordinators throughout the event.
The judges' decisions will be final and binding on all participants.
Judgement Criteria
Originality and Innovation.
Relevance to the topic.
Business Model and Revenue Potential.
Presentation and Pitch Quality.
AI Integration.
Creativity.