Participants can choose whether to work on the Prodigy challenge, or on an idea of their own making. Everyone is eligible for the Grand Prize, and those who propose a solution to Prodigy's challenge are eligible for the £500 Prodigy Prize.
Grand Prize: £1000
Here’s what our judges are looking for. Each section is weighted equally. Be sure to review and discuss with your team before you start hacking.
How does the team plan on making this a successful business? Have they thought about (either solved or identified problems) competition, how to scale, acquiring customers, their revenue model etc?
Are teams building something that people actually want? How well does the team understand their customer and their customer’s needs. Did the team get out and talk to customers? What is the value proposition to customers?
Execution & Design
Have they established a “Minimal Viable Product” for the weekend (software, hardware, landing page, storyboard etc.)? *Note: an MVP is the minimum set of features to be able to start collecting data. Does it deliver a compelling and captivating user experience? Were they able to demo something functional?
Prodigy Challenge Prize: £500
Imagine you are a startup that is trying to improve engagement and information flow between student borrowers and lenders (a $1.27 trillion market in the US alone). Build a platform (web or mobile app) that would facilitate this. The platform should engage both current and past students. How could the information collected be usable for lenders, enabling them to improve and expand their product offerings? How would you add value for students to encourage them to use the platform throughout their lifetime?
Judged and awarded by Prodigy.