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RE:SOLVE Challenge Participant Entry Form

 

 

APPLICATION DEADLINE: 5pm on 5 NOVEMBER 2020

We’re facing a future where only big ideas will do.  


In response to the extraordinary constraints and imperatives brought on by the COVID-19 crisis, we are excited to launch the RE:SOLVE Challenge; a unique combination of learning programme, incubator, and grant fund. 


We’re calling local entrepreneurs to help unlock new products and solutions that solve COVID-19 challenges - through a fast paced, four-month Design Thinking programme. 


Funded by the City of Cape Town and facilitated by digital transformation practice, dY/dX, our industry sponsors also include Uber, Red & Yellow and Smollan.


The RE:SOLVE Challenge accepts online entries from entrepreneurs in and around Cape Town primarily, but entrepreneurs and teams from around the country can apply as there are a few wildcard spaces reserved for other provinces.



Are you a big-thinking entrepreneur? 


If you have an idea that you think can impact tourism, transport, retail, personal hygiene, food safety or education - and you want to develop that idea into a business - then this challenge is for you. 


You will be exposed to industry mentors and business building experts, while taking part in a hands-on Design Thinking learning experience. 


With grant funding available for selected projects and possible investment from industry partners, this is an experience that will leave you richer - no matter the outcome.



RE:SOLVE Challenge Details 


To apply for the Challenge, submit your details in the form below. Participants will be selected from these applications, and invited to participate in the programme. 


With sustainability a key factor in judging, you will be encouraged to address these four vital pillars with your idea:

  • Community - enriching those around you

  • Ecology - not harming, but rather benefiting the planet

  • Dignity - valuing people and providing them a sense of worth

  • Profitability - an ability to make money


The programme consists of 4 stages where you will learn how to accelerate and validate your business ideas in the real world. Each stage has a deliverable project that needs to be completed and evaluated by mentors before you progress to the next stage. 


Stage 1: How to understand what your customers really want | This stage is open to all selected participants and consists of online design thinking courses and a facilitated virtual workshop.


Stage 2: How to make your idea 10x better | Learn ideation techniques to help you refine and improve your idea. Ideas will be reviewed and a shortlist selected for the next stage.


Stage 3: How to validate your idea | Learn how to cost-effectively prototype your idea and get market feedback quickly. Grant funding for prototypes of up to R20 000 is available for selected ideas. 


Stage 4: How to make money from your idea | Develop your business model, pricing and high level business plan. The finalists will be evaluated by industry experts  and provided feedback and mentorships. For the lucky few that catch interest, financing or opportunities.



Leave Richer - No Matter the Outcome 


Ultimately, the key take-away from this Challenge is the opportunity to walk away with a marketable product or service. However, during the process, applicants will also benefit from:


  • Engaging with the supportive mentor guidance and expert advice

  • Learning about design thinking principles and methodologies

  • Opportunities to network with budding entrepreneurs

  • Upskilling themselves on remote working best practices

  • Developing teamwork skills, while working with potential business partners 

  • Gaining a fresh perspective on how to approach and solve problems

 



Important Dates: 

  • Applications close on 5 November 2020

  • The programme commences during the week of 9 November 2020. 

  • Successful teams will continue until mid-March with a break over December. 

 



T&Cs:

Please see here for the full Challenge terms and conditions.

 



ENTER NOW

Fill in the form below to submit your application to the RE:SOLVE Challenge

 

 











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