Weekend Ventures is a 54 hours weekend event for aspiring entrepreneurs, designers & developers to share ideas, form teams, build prototypes/ services & launch startup! Check out more about the venture here.
This year the weekend ventures, Mumbai was held at a very cool startup campus called The Playce. The event started in the evening of 25th of January 2013. The first day was all about sharing your ideas and forming teams. There were close to 20 participant teams,who were given a time of 60 seconds to pitch their idea to the gathering. Then there was a time slot of 30 minutes given for interaction and voting. During this time the participants interacted with the people personally and answered queries, at the end of which people voted for the ideas on which they would like to work on during the event.
There were some great ideas covering a variety of different topics from gaming applications to new age banking. They also showed a video clip which included a very innovative method of pitching so people learnt along while having fun. Rajesh from Weekend Ventures explained the process with interesting examples drawn from his previous experiences.
From the ideas pitched, top six were selected to be launched by the end of the event. The idea – ‘The Weekender’ (booking villas, bungalows at weekend getaways near Mumbai) topped with ten votes. The runner up was a innovative idea of bringing your product to the local customer via localized ads with the newspaper at a much lesser price than your newspaper and a greater reach.
Even if your idea did not come in top six you could still go ahead if you could manage at least two more team members to work on your idea. After the announcement of the top voted ideas there was another 45 minutes time slot to decide your team or convince participant to work on your ideas.
The next day will see the participants building up a prototype of their idea with the chance to interact with the mentors. The first day ended on a very satisfactory note and built up great expectations for day two.