BIG smart cities competition - VODAFONE Power LAB and Ericson





What is BIG smart cities?
 
Imagine a world where we can think of cities as connected smart systems where quality of life is great for its citizens and visitors. Stop imagining. We’re starting to live in that perfect city, but we’re going to need your help to build it: we need your simple ideas and solutions to improve everyday city’s problems in 4 areas: Mobility, Tourism, Living and Government. That’s why we’ve created an innovative program to pre­-accelerate and also launch innovative Smart Cities’ technologies ­ BIG smart cities, by Vodafone and Ericsson.

BIG smart sities is an international competition where startups get to pitch to investors and earn BIG prizes to launch and scale their businesses. Since 2013, we bring the innovation and the future to the cities, as we did it with Vodafone BIG Apps, and now, with the fourth edition of BIG smart cities.

What are the smart areas? 


WHAT'S THE SPECIAL RECIPE?

Sorry... There's not a special recipe for the winner idea, but we have put together a diverse and experienced committee, in the belief that the selection process is as impartial and void of presumptions as possible, that will judge each BIG idea and team within the following criteria:
  • The Team: we will be searching for specific competencies, experience and diversity, not only in the BIG idea, but also in the proposed execution. It has to fulfil the required objective of enriching the lives of Portugal’s inhabitants whilst also adding value to those who visit the country.

  • Quality of the idea: Any and all recipes are only as good as the ingredients you use. We will be identifying creative use, originality and innovation in the BIG ideas submitted. Nowadays, businesses have to be customer centric and your BIG idea is no different. Design with the user’s experience in mind and you’ll be fine.

  • Value & Use of the BIG idea to the country: If you understand the users’ needs and desires, you’ll know that relevance is key and that added value is the solution. Keep your idea simple and focused. Some of the most successful projects were BIG ideas that everyone questioned, “why has no one ever thought about that before?”

  • Business model: Most startups are just too optimistic about the ease with which they will acquire new customers – after all, love is blind. Just remember the golden rule: you have to be able to acquire your customers for less money than they will generate in value of the lifetime of your relationship with them. Once you figure that out, ensure that you find a scalable way of acquiring them. Make sure you help us find the true commercial viability and potential of growth in your BIG ideas. 

  • Feasibility: Contrary to popular belief, BIG ideas aren’t that difficult to find. The proof is in the pudding, or in this case, the execution. We’ll be looking for technical, operational and commercially aware teams. You got to be able to deliver. We live in a results orientated world in which intent is not rewarded.

  • Vodafone New Generation Network: We will be looking at how you will use it to improve the lives of those visiting living and working in the country. Henry Ford once said, “You can’t build a reputation on what you are going to do”; we say, “you can’t build success on an technology you are going to eventually release”.




Source:  http://bigsmartcities.com/


 

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