Starting now and culminating with a four day hackathon beginning at noon on Thursday, September 19th, the 20 Over 20 hackathon is looking to solve problems that have been lingering, unsolved for the last twenty years.
The hackathon was jointly created by Dialexa (www.dialexa.com) and Dallas Venture Partners (http://dallasventurepartners.com/). Co-CEO and founder of Dialexa, Mark Haidar told Nibletz: “With all the technology we’ve seen in the internet age over the last 20, years there are still problems out there that can be solved.”
That’s what they intend to do during the hackathon. Dialexa is already solving big problems ranging from surveillance at a Nigerian naval base to GPS tracking to building 3D tooth models from 2D scans. All problems that Haidar’s company has solved with technology.
Do you have a problem that’s been nagging at you that could be solved with technology? You can submit that problem now, here. On the evening of Wednesday September 18th, the 20 Over 20 team will select the 20 Over 20 Problems. From there, the preselected teams will have 18 hours to decide which of the problems they want to solve. If you submitted a problem and your problem is selected, you’ll receive a $20 gift card.
If you choose to participate on one of the teams, you’ll be competing for a $10,000 cash prize, winner takes all. The teams will work from noon on September 19th through 4pm on September 22. Each team will have 20 minutes to present their solution and 10 minutes for Q&A. The winning team will be incorporated free of charge by law firm Strasburger and Price. The prize money will be a $10,000 common stock equity investment for 2% to DVP.
Teams will be judged on four criteria:
- How well does the idea solve the problem that was identified?
- What level of disruption of innovation does the idea bring to the problem’s market?
- Current operational functionality.
- Technical feasibility of product roadmap
Stay tuned to Nibletz for more information on 20 Over 20. You can submit a problem and register a team here at the20over20.com