H^2 Innovation Challenge
A chance to win up to HKD 40,000 cash prizes and to collaborate with the New World Group to launch your project!
H2 Innovation Challenge is a competition that aims to stimulate students' creativity in developing ideas in gerontechnologies for the Greater Bay Area (GBA) (Guangzhou, Shenzhen and Hong Kong) silver hair market. This Challenge offers participants to:
- understand the opportunities and challenges in an ageing society;
- develop feasible business ideas and potentials in gerontechnologies and innovations to promote smart living and smart ageing; and
- explore potential to establish business and entrepreneurship collaboration with industry experts and service providers.
1. Eligibility
- Current students from universities in HKSAR and other cities in the GBA
- Teams of 2 to 5 with members from any of the universities in the GBA
2. Application
- Apply online to enter the challenge by 3 April 2020
- Applicants will be notified of entry confirmation by 10 April 2020
3. Schedule
- 18 March 2020: Briefing Session with sharing by guest speakers from Eureka Nova and Humansa (Click here to view the video recording of the Briefing Session) (Powerpoint slides of sharing by Eureka Nova and Humansa)
- 3 April 2020: Application Deadline
- 10 April 2020: Confirmation of entry and announcement of Challenge topic
- 13 - 19 April 2020: First Round- 7 days to crack the cases and submit a 10-page PPT presentation deck by email will be sent to the participants on 13 April 2020)
- 27 April 2020: First Round Result Announcement
- 27 April - 1 May 2020: Preparation for Final Round (10 finalist teams will receive mentoring to fine-tune and optimize ideas, product concept and presentation decks)
- 4 - 7 May 2020 (to be confirmed): Final Presentation and Result Announcement (10-min presentation*, followed by a 5-min Q&A)
(*face-to-face presentation for teams with members residing in HKSAR; online for those residing in other cities of GBA and do not have members representing to present in HKSAR)
4. Perks and Prizes
- Mentoring support for finalist teams
- Certificates for all award winners
- Cash prizes:
1. Champion: HKD 20,000
2. First-Runners Up: HKD 10,000
3. Second-Runners Up: HKD 5,000
4. Most Creative Award: HKD 3,000
5. Most Business Fitting Idea: HKD 2,000
5. Judges and Selection Criteria
- Judge panel will include representatives from the New World Group, ageing service providers and HKUST
- Selection Criteria:
1. Idea Delivery/ Task Achievement
2. Business Value
3. Level of Innovation
4. Practicability
5. Presentation Format and Style
6. User Experience Design
7. Creativeness
8. Business Idea
6. Useful References
7. Enquiry
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