Mission incubator?

Aalto Ventures Program is building an online incubator for idea-stage teams and founders. The incubator is a support system that helps people to develop their ideas into businesses. The selection to the incubator is ongoing, and participants that are accepted get access to a learning platform containing a list of checkpoints to complete in order to graduate from the incubator. Founders will need to set deadlines for completing the checkpoints themselves. The program will also include group coaching and mentoring for the teams, however, following their progress on the checkpoints seems difficult.  


Having no deadlines set by the incubator may also affect teams’ motivation. What may be the reasons for procrastination and delaying the checkpoints? How can we motivate them to keep going and completing the tasks in a reasonable amount of time? 

The challenge

This challenge is connected to the UN's Sustainable Development Goals (SDGs), Goal 8* "Decent Work and Economic Growth", as the main goal of the incubator is to encourage the community to solve global problems via innovations.  


* SDG 8 "Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all." 

8.3 Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.

Read more https://sdgs.un.org/goals/goal8

Insights

What We'll Bring

The Prizes

1st prize: 1200€

Judging criteria

Solution we are looking for will need to: 

  • Follow the progress of the teams with completing checkpoints, so that incubator coaches could see how everyone is doing with the tasks. 
  • Possibly find a way to learn about the obstacles and demotivators. Why do they procrastinate? 
  • Find ways to support, motivate and encourage teams to go forward with completing the incubator tasks. 
  • (Optional) Allow incubator peers to support each other. 
  • (Optional) Fulfil any other related needs you might think of for the teams & founders to grow the best as they could 

About the Company

Aalto University is a community of bold thinkers, where science and art meet technology and business. We build a sustainable future by creating novel solutions to major global challenges. We value responsibility, courage and collaboration.


Aalto Ventures Program is an entrepreneurship education program at Aalto University. For us, entrepreneurship isn’t just about founding startups. It's a mindset and a tool that helps daring individuals make the world better by solving meaningful problems either by starting their own company or from inside an existing organization.