Please describe your proposed solution.
Each year, the startup Uptodate Developers celebrates the innovation of young Congolese entrepreneurs by organizing a competition which rewards the 3 best innovative ideas in new information and communication technologies.
UPDEV CHALLENGE is a competition bringing together young people aged 16 to 26 with a
innovative project and rewarding financially and / or technically the 3 projects deemed most innovative in technology (ICT) by the judges.
For each edition of the Updev Challenge competition, we will celebrate the innovation of young Congolese Tech-entrepreneurs under a specific theme.
On the day of the award ceremony, the importance of approaches to promoting NICTs (New Information and Communication Technologies) to young people is always underlined by distinguished panelists who will be revealed later.
We welcome you to this 3rd edition of the Updev Challenge competition with its slogan:
''Innovate for development and win an award''
After a successful first and second edition, here comes the third which will be physical and virtual in order to encourage Congolese to familiarize themselves with an increasingly virtual world, especially with cardano blockchain.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
This event allow student entrepreneurs to appeal their ideas to the world and provide them
opportunities to connect with engineers and investors.
Student entrepreneurs in the DRC, often suffer from a lack of access to resources, whether it be shortages of financial resources, team or mentoring resources.
THIS EDITION OF UPDEV CHALLENGE (2022) :
Unlike the first and second edition, for this third edition registrations will be free.
At the end of the registration period, registrants will have a defined period during which the public will comment on their projects anonymously, in order to allow them to correct and improve them before the pre-selection stage.
Other differences with previous editions is that during this edition :
- a target audience will participate in the refinement of the candidates' projects thanks to their comments and suggestions.
- Projects who will include cardano blockchain technology will be incubate in our company (UPDEV) for coaching
At the end of this period open to the target audience, the Updev Challenge team will take record time to refine the various projects and keep only 20 for the pre-selection stage.
The pre-selection judges will thus take record time to pre-select, on the basis of the predefined criteria, the 10 best projects to be selected to be presented to the judges during the final.
OBJECTIVE :
The objective of this competition is to first unearth different ideas, different solutions to the problems of our country, of Africa, in order to provide solutions, and to have as many possible solutions "made in DRC". .
Secondly, it is to give the chance to these young people with innovative ideas to have a minimum of support so that their ideas are implemented.
The vision is to give the winner the chance to exploit their potential, by providing them with the appropriate framework, equipment and environment.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The biggest risk that could prevent us from carrying out this project is the lack of funding. We have a dedicated team with the capabilities and skills to organize this competition, proof of this is that we have already organized two editions, this being the third.
If for this edition we do not have funding, it will be very difficult for us to organize this competition, especially because it is difficult to find funding locally (DRC) given that the BLOCKCHAIN concept is not yet well known, or at least not known at all by local businesses.
It therefore goes without saying that local companies do not finance it since they do not understand this new concept which has been integrated into this edition, THE BLOCKCHAIN CARDANO