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Competition Details


4D Challenge
COMPETITION DETAILS

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Competition Details


4D Challenge
COMPETITION DETAILS

 
 

TIMELINE

PHASE I: SUBMISSION

Teams of 1 to 5 people will submit an application and 2-page proposal outlining their idea. Submissions will be accepted from July 15 until September 15, 2019.

PHASE II: DEVELOPMENT + MENTORSHIP

After a review process, selected finalists will be notified on September 20, 2019 and invited to prepare materials for a final pitch at the Schneider Electric & Powerhouse 4D Demo Night. Finalists will receive pitch preparation support and mentorship in the lead up to the 4D Demo Night.

PHASE III: PITCH

Seven teams will pitch in front of a live audience and industry expert judges at the 4D Demo Night on October 21, 2019 in San Francisco.


JUDGING CRITERIA

STRATEGIC INTEREST

Is the solution aligned with the objectives of the challenge?

SIZE OF MARKET

Does the solution address a sufficiently large total addressable market?

PROBLEM STATEMENT

Does the problem statement capture the pain points of targeted customers?

TEAM

Does the team have the technical and/or business credibility to deliver on the idea?

SCALABLE

Could this idea be turned into a company with a significant market impact?

PRODUCT

Is the solution technically feasible, demonstrable, and innovative?

INNOVATION

How innovative or new is this idea, concept, or solution?

 

FAQs

How far along must an idea be for the initial submission versus the demo night?
For the initial submission, teams must submit a technically feasible design and business plan draft of the solution. For the 4D Demo Night, finalists must demonstrate a design with regulatory feasibility or a minimum viable product (MVP).

If I am already an incorporated startup, can I participate in this competition?
Early-stage startups are encouraged to apply, especially those at a stage that can benefit from incubation support and pre-seed or seed capital from Schneider Electric and Powerhouse.

Are you looking for hardware or software solutions?
Teams may submit hardware and/or software solutions, recognizing that software ideas may be easier to develop for the purpose of this competition.

Iā€™m located outside the U.S., can I participate?
Participating startups or individuals must be located in the United States. Startups or individuals can propose solutions for international markets as long as they plan to incorporate in the United States. Participants must commit to pitch in person at the 4D Demo Night in San Francisco on October 21, 2019.

What is the size limit for a team?
Teams may not exceed 5 people.

What must be included in the 2-page proposal? All the information that must be included in the 2-page proposal can be found in the proposal template.

What does the incubation program entail?
Click here to read more details about the program.

How many teams will be accepted into the incubation program?
The first place team will receive $25K in non-dilutive funding and will automatically be enrolled in the incubation program. Up to 4 additional teams will be considered for $25K in non-dilutive funding and acceptance into the incubation program.

Does my team need to be in the Bay Area for the incubation program?
Participating teams can be located anywhere in the United States for the three months of the incubation program. Teams will be expected to visit the Bay Area for at least two in person meetings. Teams will be offered the option of having desk space at Powerhouse for the duration of the program, pending availability.


 
 
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