Idea Cloud

What is Idea Cloud?

Idea Cloud is a competition where researchers, entrepreneurs, practitioners, and students can pitch their ideas which have an impact on the digital transformation in Sri Lanka. The main objectives of this competition are to provide an opportunity to make a contribution to the digital era of the economy and bridge the gap between idea generators with the industrial demand.

Who can pitch?

  • Researchers
  • Entrepreneurs
  • Practitioners
  • Students

What can be piched?

01
A new business model
02
A startup idea
03
Infrastructural improvement
04
Brandnew processes or devices

What is the application process?

Proposal Submission

Competitors should prepare a complete document explaining the idea with the following components.
  • Introduction
  • Problem Statement
  • Your Solution
  • Feasibility study
  • Tentative implementation procedure
and submit on or before 30th June 2019 to



Along with the document mentioned about, you can send video clips, presentations, and prototypes.

Evaluation Process

The Ideas will be evaluated in two rounds as preliminary and final. In the preliminary round, the evaluation process will be done by a panel consists of academics and other experts in specialized in relevant areas. The main selection criteria would be;

  • The contribution
  • Originality
  • Feasibility

The designers of the selected Ideas will be informed and invited to mentoring sessions, where the competitors can get feedback from experts of relevant fields.

The final round will be commenced on 16th August at the event of Digital Disruption. The final evolution panel may consist of the forum panelists, academics and the audience.

Mentoring Sessions

Participants will be given an opportunity to get feedback from experts of the relevant domains and participate in mentoring session leading to the fine-tuning stage.

Piching

As the final stage, the competitors will be pitching their complete ideas in front of the forum panelists and other experts in various domains. The pitched ideas will be evaluated and ranked as 1st, 2nd, 3rd and participants.

Key Dates


 Proposal submission deadline

30th of June 2019

Notification of acceptance

05th of July 2019

Mentoring Sessions

10th July 2019

Pitching Competition

16th of August 2018