About

About the Contest


What is the contest about?

Are energy providers going to stay the same for the next years and decades or will there be another Tesla-effect within the industry?
We want to disrupt the current business model and we need your help! Find a business model that will make SEAS-NVE’s current energy consulting business model obsolete or find a way to 10x the current business. Your submission could potentially lead to a new business model for SEAS-NVE that creates genuine value for the customer and an ongoing level of interest.

SEAS-NVE is especially looking for a consulting service solution that can expand their customer base to SMEs, whom they cannot serve profitably with their current service offerings. You are welcome to propose solutions containing partnerships, affiliates, distribution co-operations, recommendation marketing, etc. – we are sure you will come up with even more ways to identify and serve a genuine need for B2B energy customers.

To learn more about SEAS-NVE, their current business and the data that they have available, check out the background information page.

When developing your solution, it may help you to think about best practices from other industries where services were digitized and business models allow for new revenue models and channels. Additionally, think about the needs that SMEs have regarding higher energy efficiency, lower energy consumption and decreasing energy costs.

To really think about the entire business model it helps to use the business model canvas.


How to submit an idea?

Before you head right into submitting your idea – we know that’s what you want – check out the background info! Then you can follow these easy steps:

  1. Develop your idea.

  2. Give it an inspirational title so everyone gets excited to read it.

  3. Write a description text for your idea. The clearer it is, the easier it is for the experts and the other users to rate and give feedback. So to give yourself the best chance of winning, make sure to put all your ideas and variations in separate submissions.

  4. Attach files. It can be images, designs, sketches, the business model canvas or anything else that would help describe or visualize your idea (optional, but recommended).

  5. Add tags to make it easier to find your idea (optional)

  6. Share it with your friends! Use our share functions to get your friends to look at your idea and to get their feedback.

  7. Submit your idea!

Comment and interact with others to learn more on the subject and possibly adapt your idea according to the feedback.


Timeline

Start: October 24th

End: December 19th

Jury Meeting: January 2018

Winner Announcement: February 2018


Evaluation Criteria

The evaluation of the ideas and the allocation/awarding of the winners will be carried out by a dedicated Jury. The key-criteria for evaluating the ideas are the following:

  • Industry focus: How centered is the idea around energy savings and the energy consulting business?

  • Ongoing level of interest: Is the idea able to generate genuine value and recurrent interest for the user as well as recurrent revenue for SEAS-NVE?

  • Degree of innovation: How innovative is the idea and does it disrupt the existing offering?

  • Market attractiveness: How big is the market potential of the idea?

  • Feasibility: How easily can the idea be implemented? (extra points for leveraging existing SEAS-NVE data)

  • Presentation of the idea: Overall quality of the idea and its presentation

Furthermore, the community can give you feedback through comments but also express their opinion about the ideas through their evaluations. The community can evaluate on the following criteria:

  • Ongoing level of interest: Is the idea able to generate genuine value and recurrent interest for the user as well as recurrent revenue for SEAS-NVE?

  • Degree of innovation: How innovative is the idea and does it disrupt the existing offering?

  • Market attractiveness: How big is the market potential of the idea?

  • Presentation of the idea: Overall quality of the idea and its presentation


Prizes

The winners of the contest will be awarded with the following prizes:

  • 1st place: 2.000 €

  • 2nd place: 1.500 €

  • 3rd place: 1.000 €

Furthermore, the project team will select an MVP (Most Valuable Participant) who has provided extraordinary value to the community through ideas or feedback. The MVP will be awarded with 500 €.