Startup Weekend Kathmandu: Global Battle 2013
22 November 2013, SAP Falcha, was packed to the brim with nervous people waiting for the clock to strike 5 PM. Such was the ambiance of Startup Weekend Kathmandu Global Battle 2013. Nepal Entrepreneurs’ Hub, to nurture, support and accelerate startup community, engage government agencies and foster vibrant investment and entrepreneurial ecosystem of the country organized Startup Weekend Kathmandu Global Battle.
51 registered participants were waiting their turn to pitch their ideas to garner votes. There was fierce competition right from the very beginning amongst the participants. Realizing the fact that all ideas would not see the light of the 54-hour battle, a mock pitching session was organized. After few mock pitches which drew nervous applause, it was time for the real deal.
60 seconds! That was the time allotted to each idea. One by one the participants came on stage and pitched their idea. A total of 39 pitches were made out of which 11 startup ideas were selected.
|1||Bucket List||A portal where all wishes can be fulfilled|
|2||bobo.com.np||An idea of an online retailer of shoes led by Prakash Bhatta|
|3||Urban Innovation Hub||An Innovation Hub addressing the problem of brain drain led by Shrijan Amatya|
|4||Sitaico||An idea brought forth by Krishna Parajuli which would allow consumers to speak for free the first minute of a telephone call by playing personalized advertisements|
|5||E-tickets in Nepal||A mobile apps and SMS service-based idea that will allow users to purchase and receive event tickets from anywhere in Nepal|
|6||Wedding plan,||An online platform to book, rent, print, and enjoy all wedding plan preparation|
|7||Finding Public Toilet,||An application over Google maps to find toilets in emergencies|
|8||MoMo Trail||An application that lets one locate, review, and quantitatively rank momos in the city|
|9||Samadhan||A web application to viralize problems related to government, or private enterprises|
|10||DoCoPoCo.com,||A web-enabled company for moving furniture and other peripherals related to a home;|
|11||Visual Google Analytics Setup Tool,||A tool for non-tech website owners set up Google analytics with ease.|
Sponsors for the event were:
Platinum Sponsors: Islington College and Brihasapti Vidyasadan.
Silver Sponsors: Department of IT, Digitainment, SAFAL
Contributing Sponsors: King’s College, Mercantile
Media Partners: WriteWeavers and Venture Plus.
Some of the sought-after people were present at the event as coaches and judges. Industry experts contributed their time voluntarily to help the team polish their ideas before the final presentation. Coaches who came in throughout the second day were
- Anil Chitrakar (Social Entrepreneur and Architectural Heritage Expert)
- Bibhushan Bista (Co-founder and CEO of Young Innovations Pvt. Ltd.)
- Anand Bagaria (MD, Nimbus Holding, and Probiotech Industries)
- Vidhan Rana (Founding Partner, Biruwa Ventures)
- Deepa Shakya (Consultant at Regulatory Reform Project, IFC)
- Sashi Bhattarai (Chairman, Knowledge Holding International Pvt. Ltd.)
- Prasanna K.C. (Access to Finance Program, DFID).
The judging criteria for Startup Weekend Kathmandu: Global Battle 2013 were:
Can the idea generate revenue? Is there positive customer growth or revenue? Is there a customer acquisition/rollout strategy? Has a revenue model been defined and is it realistic? Is the idea/team ready for capital and execution? Would you invest in this company at this point?
Did the team identify customers (demographic, location etc)? Did the team get out and talk to customers? What is the value proposition to customers? What are channels of communication used? Product/Market fit?
Technical – Execution:
Is there a functional product (e.g.in the case of an app, did they build one)? Where architecture diagrams and API signatures included? Which services did they integrate with? How much of the product is running on a real server with non-sample data?
Design – Execution:
Does it have a professional look and feel? Does it deliver a compelling and captivating user experience? Is it memorable? What were key insights gathered over the weekend to go in this creative direction?
Team – Longevity:
Does this team have the pieces, skills, and leadership to successfully move forward on this idea? Does this team seem committed to making their idea work in the long-term?
Judges for the event were:
- Karmath Dangol (VP Engineering, CloudFactory),
- Ranjit Acharya (CEO Prisma Advertising).
The winning ideas at the end of the weekend were:
- E-Tickets in Nepal
- Finding Public Toilet