Key theme for the startup hackathon is to showcase the necessity for a successful startup to be build around two pillars: an exciting product on the one hand and a functioning business model on the other hand. There are a lot of examples for failures based on a great product but no functioning business model and vice versa. This builds the underlying learning we want to achieve with our startup hackathon and foster long-term collaborations across UC Berkeley’s campus to enable more successful startups founded here. The mission is operationalized into the hackathon’s program by requiring each team to develop a prototype and a business model. Both have to work hand in hand together to have a chance of winning the 1st prize. Mentors will regularly check-in with the teams to encourage interactions between business model creation and prototyping and similarly advice is printed on the business model canvas that are provided to the teams.
$11,200 in prizes
Cash Value - First Prize
Intel Recon Jets (4)
Best Hack will get these!
Walmart Innovation Fellowship
The most innovative idea determined by Walmart will get this award for next semester.
Second Place Prize
Cash Prize - Second Place
Third Place Prize
Cash Prize - Third Place
Submitting to this hackathon could earn you:
Only Open to UC Berkeley Students or those that apply by the deadline!
100 Students, 30% MBAs, 70% Engineers and other departments
Graduate students and undergraduate students, attendance by registration/application
Team building before event through mixer
Submit Presentation and code by the end of the hackathon.
Text rendering library download here: https://drive.google.com/open?id=0Bz2b9NqSGezCVU53Y25DWk54RzRTdzRJMW5LLTlDR19UZ2dz
How to enter
Please register at arhacks.io by Nov 27th!
CEO Crowd AI
Director BHEP, UC Berkeley
Emerging Technologies, Walmart
(Idea, technical execution, user experience, design)
Business Model 30%
(Value proposition & revenue model, go-to-market strategy, market potential, team & needs, partners, validation through customer interviews)
Integration between Prototype and Business model development 20%
(alignment between business model and prototype, iterations)
Quality of Pitch 10%
How well you can sell your idea!