Is it required to develop the application for our idea within the Round 1 or it would be enough to submit a short description?

As the first round is purely ideation, a description is enough. Application of the idea is not necessary but you are welcome to include it in your submission.

Are corporate challenges relevant to ideas we would submit within the Round 1 or they will be totally different?

All the challenges, including Round 2, will be related to our annual theme “the future of connecting” and we are strongly promoting among the companies to link their challenges not only to the subthemes but also to the submitted ideas of the first round. However, it might happen that specific Semi-Finals challenge might be different from that of Round 1 as we have at the moment no idea how many competing teams will be per specific challenge and what will be the quality of their solutions.
We are happy to announce that we are in final discussion with several VC platforms how to provide infrastructure to all those ideas, which have a great potential but will not be promoted by involved companies.

What should the SOLUTION include in Round 2? And what the team should submit as a max. 3-minute video?

A solution in Round 2 is based on the nature of the corporate challenge. You could be asked to develop a business plan, a new product prototype, process or an optimization scheme according to the company’s needs. Thus, your solution is whatever that answers to your challenger’s needs best. For example, if your challenger wants to develop a new product prototype. You can include in your video: a physical or graphical design of the new product, narration the functions or characteristics of the new product, maybe interview the designers (your team) how this design came about, and other people’s comments...  Please note that the video (or Power Point) is prepared mostly for public voting as for your IP (intellectual property) protection we cannot publish full solution to the public. The expert judges and business judges will evaluate your SOLUTION and the video.  There is absolutely no rule on what to present in your video as long as you explain your idea in it. Be as creative as you want.

There is a note that the same challenge will remain for the Finals as a Round 2. Does it mean the team will further develop the idea with SOLUTION brought from the Round 2 and what would be outcomes from this stage (only business plan or anything else)?

Yes, the finalist teams will take the solutions developed in Round 2 and refine it further during the finals with the help of expert judges and corporate representative. The outcome of the final stages would be matured proposals to the corporate challenges either as project report or business plan.

What do we have to include in our solution?

Your solution will have to include Basic information (abstract and optionally a web link), which will be visible to everyone, and Detailed information (detailed description and attachments), which will be visible only to the judges. Make sure you read your challenge’s page in detail for your challenge’s requirements!

What language should our solution be written in?

All submitted solutions must be in English.

How can my team post our solution to the challenge?

Only the team’s creator has the ability to post your team’s solution. If you’re the creator of a team, you can post your team’s solution by clicking on the Post our final solution button in your team’s project room.

While posting your solution, you have the option to save the solution without making the abstract visible to other participants. When saving the solution, your team mates and mentor (if your team has one) will be able to see the saved solution. Once you decide to post the solution, the abstract will be visible on your team’s profile.

Can I edit my team’s solution after I post it?

Yes, as a team creator you can edit your posted solution anytime before the challenges close. You can edit your solution from your team’s profile page or your team’s project room.

When should we post our solution?

You can post your solution anytime before the challenges close. If you wish, you can make your solution’s abstract visible to other site members right at the start, so your team can get some initial feedback from other participants.

How will solutions be graded?

Once the challenges close, your solution’s Basic information (abstract and optionally a web link) will be voted on by registered website users. Your full solution will also be reviewed by three of expert judges. Both the community and judge vote will decide the best teams for each challenge.

Who can comment on our solution?

Even before the challenges close, registered site users will be able to comment on your solution (if your team posts it earlier). During the voting phase you will continue to receive comments from other participants. During this process you and your team mates can also reward good comments by marking them as helpful. After the voting phase ends, you will also be able to see feedback provided by the judges.