Opportunity brief
Overview
Participants compete in an industry auction before developing a startup idea within a limited virtual budget and a set of unexpected constraints. Teams must identify a problem, develop an innovative solution, understand their target market, and present a feasible business concept supported by a visual aid and digital prototype.
The challenge is to turn limited resources into a promising business opportunity.
Dates of the event: 20th and 21st November 2026
Rules:
- Each team must have 4–6 members.
- Teams compete in an industry auction and may win one or two industries.
- Teams must select an industry and work within their allocated virtual budget.
- Participants will receive constraints that influence their startup idea.
- Teams must prepare a visual presentation and a digital prototype.
- The pitch must explain the problem, proposed solution, market opportunity, marketing approach, and feasibility.
- AI use is restricted to image generation, as specified in the event rulebook.
- Judges will evaluate creativity, feasibility, problem-solving, presentation, and the prototype.
- The organisers reserve the right to modify the event format or timings if required.