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10k in entrepreneurship competition at Acadia The winning team won $6,000.
It included Wesley Booth, George Kashap and Geoffrey Mason. They introduced their solution, The Hat, an application to connect employers with prospective employees based on predictive modeling collected from their social media profiles. The solution would provide employers with the best fit for their organizations based on workplace culture, the team reported. "Start it up was a awesome experience that I would recommend to anyone looking to challenge themselves. The event provided a fun environment which brought together a variety of people with different backgrounds and interests in the pursuit of a solution to some problems we face today," said Kashap, a fourth year Acadia student, and winning team member. "In terms of our software 'The Hat' we were looking to solve some of the inefficiencies which are prevalent in the hiring process," he said. "Moving forward, we are planning on further exploring the viability of the service, and eventually going for it." "Start It Up provides an opportunity for Acadia students, grads, community members, entrepreneurs, and students to experience entrepreneurship, from idea generation through to pitching a solution," said Findlay MacRae, who is executive director of the Acadia Entrepreneurship Centre (AEC). "Our hope is that by solving current problems faced by Nova Scotian businesses," MacRae said, "we can see entrepreneurs launch new businesses and help support the rural economy." Second prize of $3,500 was shared by Ross Palmer, Jenna Peace and Max Caplan for jimmy choo clogs their solution Ohm Energy. It would be an outlet product connected to an app that would provide a full breakdown of kilowatt usage for each item plugged into the outlet. "Start It Up was an awesome experience for me, not only were my industry problem solving skills put to the test, but it was also a jimmy choo gold high heels chance to network and get to know more people with similar interests in the community," said Peace, a first year student. "I'm positive my team will keep in touch because of also winning a spot in the Virtual Incubation Program with MashUp Labs to bring our ideas to clarity. All in all, I definitely plan on being in the Start It up competition again." Third prize of $500 was awarded to Matt Winchester, Dougal Armour and Mitchell Kane for their product that would provide companies with a shipping solution that would enable packages to be tracked and monitored 24/7. Participants included: Acadia students and grads, community members, students from St. Mary's University, and a junior high school student. The AEC manages the provincial sandbox, (launchbox) coordinated the competition and provided $5,000 in prize money. Acadia's partner sandbox, jimmy choo pink heels Dalhousie University's Agriculture campus, Cultiv8, provided the second half of the money ($5,000). the next day. AEC jimmy choo pink staff worked with industry to identify existing problems and presented the Lean Canvas Model as a template for the teams to use for problem solving, and a presentation on effective pitching. Throughout the 29 hours, participants generated ideas to solve the industry problems, tested the validity of the idea through the Lean Canvas Model and then prepared their presentations for the judges. Judges for the competition included: Peter Moreira, of Entrevestor, Emily Konrath, of Kisserup International, and Steve Nicolle, a retired CEO and entrepreneurial advisor.
Judges were provided criteria for scoring the presentations based on five key areas: presentation of the problem and identifying its need to be corrected, defining the market opportunity, presenting the solution and implementation, the composition of the team and their skill sets to effectively address the problem, and demonstrated return on investment. The AEC has been helping rural businesses in the Annapolis Valley and on the South Shore for more than 25 years. It manages the Rural Innovation Centre, located at Acadia University, an incubation facility for start up companies, which provides access to researchers, students, advisors and mentors, and funding opportunities.