Funding Funnels: An AI Event with Funding Pathway for Young Innovators

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Funding Funnels: An AI Event with Funding Pathway for Young Innovators

Funding Awarded

$5,000 USD

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Status

  • Overall Status

    🛠️ In Progress

  • Funding Transfered

    $3,000 USD

  • Max Funding Amount

    $5,000 USD

Funding Schedule

View Milestones
Milestone Release 1
$1,500 USD Transfer Complete 12 Jan 2024
Milestone Release 2
$1,500 USD Transfer Complete 02 Feb 2024
Milestone Release 3
$1,000 USD Pending TBD
Milestone Release 4
$1,000 USD Pending TBD
Milestone Release 5
$0 USD Pending TBD

Video Updates

Funding Funnels: An AI Event with Funding Pathway for Young Innovators

9 February 2024

Funding Funnels: An AI Event with Funding Pathway for Young Innovators

30 January 2024

Project AI Services

No Service Available

Overview

STAR HIVE INITIATIVE plans to organize "Funding Funnels," a 3-day event aiming to bring together over 2,000 young tech enthusiasts and innovators from around the world. This event, taking place both physically and virtually, will focus on integrating participants into the SingularityNET (SNET) ecosystem through workshops, seminars, networking sessions, and an innovation pitch-a-thon and intellect fair exhibition competition. The top-performing innovators will receive rewards in AGIX tokens, while others will be mentored to submit their ideas and innovations to the next deep funding rounds.

The requested funding amount is $5,000. The problem being addressed is the lack of proper infrastructure and collaborative systems for young innovators to access resources and connect with industry experts. Many are unaware of the opportunities within the SNET and deep funding ecosystem.

The project milestones include event conceptualization, logistical engagements, organizing the intellect fair and innovation pitch-a-thon, workshop implementation, skill-building, mentorship, post-conference evaluation, and integration into deep funding. Mitigation strategies are outlined for potential risks, including financial, technical, health and safety, speaker cancellations, low attendance, intellectual property, vendor issues, logistics challenges, weather or natural disasters, and cybersecurity risks.

The initiative aims to foster a dynamic and inclusive tech ecosystem that supports young innovators and drives progress globally.

Proposal Description

Compnay Name

STAR HIVE INITIATIVE

Service Details

Funding Funnels is a 3-day event that seeks to gather a community of over 2,000 young tech enthusiasts and innovators all around the world across both physical and virtual platforms with the major aim of integrating these participants into the SNET ecosystem via series of workshops, seminars and networking sessions. This will be climaxed by an innovation pitch-a-ton and intellect fair exhibition competition where participants would showcase their Artificial Intelligence/technologically-powered solutions to real life challenges across multiple sectors. Moving forward, top performing innovators will receive rewards which shall come as tokens paid in AGIX and every other outstanding innovators will be automatically incorporated and mentored into submission of their ideas and innovation into the ideation pool and new project pool of the next deep funding rounds.

Problem Description

With the rapidly increasing advancement in technology, the inclusion of young innovators in the procurement and implementation of AI-driven solutions is very crucial. It's worrisome how promising young talents face significant barriers when it comes to accessing resources that can transform their ideas into reality. The problem here lies in the lack of proper infrastructure and collaborative systems that can connect these young innovators with established industry experts and entities, as traditional channels often fail to recognize the unique perspectives of these young innovators. Many of these young innovators are unaware of currently existing collaborative and support mechanisms that deep funding platforms offer to help accelerate their innovations. In fact, many more are uninformed about the existence and efficacy of the SNET platform and deep funding in this regard. There is need for systematic exposure and integration of these untapped innovations into the SNET and deep funding ecosystem.

Solution Description

Our proposal projects a 3-day event aims to tackle the barriers hindering the full participation of young innovators in the tech sector by identifying the key challenges they face and in response, design mentoring and collaborative programs that would unlock and harness these disruptive innovations and ultimately entrench them into the SNET and deep funding ecosystem. We are strongly affirmative that this would cement a dynamic and inclusive tech ecosystem that drives progress and innovation at a global stage.

Milestone & Budget

Outline the key milestones you plan to achieve during the project's implementation. The clarity in the budget is crucial for transparent evaluation. Try to keep this section’s structure as:

Milestone 1

Milestone Name: Event Conceptualization and Logistical engagements

Milestone Description: This involves developing the overall concept for the conference as well as identifying, securing and finalizing logistical arrangements relevant to the execution of the conference.

Milestone Deliverable: Conference concept, venue and logistics plan

Deliverable description: A comprehensive plan detailing the conference's concept, goals, format, proposed activities, chosen venue, logistics arrangement and associated costs.

Milestone related budget: $1500

Time Scale: 1 week

Outcomes:

1. Development of the overall concept for the conference including theme, objectives and target audiences

2. Identifying and securing appropriate venues for the conference as well as procurement of relevant logistics

3. Identification and engagement of speakers, panelists, industry experts and mentors who will contribute their knowledge and experience to the conference

4. Finalizing arrangements to ensure participation of speakers and mentors at the event.

Milestone 2:

Milestone name: Intellect Fair and Innovation Pitch-a-ton

Milestone Description: This milestone focuses on organizing the intellect fair, including participant registrations, booth arrangements, judging panels, attendee engagements, as well as the set up for pitch competition (Selection of pitch-a-ton judges and preparation of pitch guidelines).

Milestone Deliverable: Intellect fair schedule, participants list, selected startup list and pitch competition guidelines

Deliverable Description: A finalized schedule for the intellect fair outlining the participants, their projects and allocated booth space as well as official guidelines for the innovation pitch competition, a list of start ups selected to participate, along with the review and evaluation mechanism.

Milestone Related Budget: $1500

Time Scale: 4 days

Outcomes:

1. Participants registration, booth arrangements and allocation

2. Recruitment of judging panel and scheduling of attendee engagement activities

3. Preparation of pitch competition guidelines and settings for the pitch competition

Milestone 3

Milestone Name: Workshop Implementation, Skill-building and Mentorship

Milestone Description: This entails designing and developing the workshops and skill building sessions on various thematic across coding, block chain technology, robotics, artificial intelligence, entrepreneurship, etc. This milestone also entails executing the workshops, ensuring smooth facilitation, and providing necessary resources to both facilitators and attendees.

Milestone Deliverable: Workshop schedule, materials and feedback

Deliverable Description: A detailed schedule outlining the workshops, session topics, facilitators and duration followed by retrieval of completed workshop materials, feedback from attendees and facilitator evaluations for further improvement

Milestone related budget: $1000

Time scale: 1 day

Outcomes:

1. Smoothly facilitated workshop sessions

2. Successful impartation of conference contents and objectives on participants

3. Maximum engagement of participants

Milestone 4:

Milestone Name: Post conference evaluation, Integrations and Submissions into the next deep funding round

Milestone Description: This milestone involves efficiently executing all conference activities including keynote speeches, workshops, networking sessions, the intellect fair and the innovation pitch competition. In addition, it also focuses on collecting feedback from participants, speakers, mentors and stakeholders, with the aim of assessing the program's effectiveness. This would be followed by the identification of top performing innovators whose innovations would undergo post-conference mentorship engagements in preparation for their submissions to be integrated into the ideation pool and new project pool of the next deep funding rounds.

Milestone Deliverable: Successful conference conducted, post conference report and feedback summary

Deliverable Description: A well executed conference with all planned activities and sessions successfully conducted as scheduled backed by a detailed report summarizing the conference outcomes, including participant feedback, speaker and mentor evaluation, and recommendations for future editions.

Milestone related budget: $1000

Time Scale: 2 days

Outcomes:

1. A successfully and completely conducted conference

2. Identification of top performing and ground breaking innovators and innovations

3. AGIX token reward of outstanding exhibitors and innovators

4. Successful iterations on completed activities of the conference as well as the procurement of concise documents that navigate challenges and prospects of every part the execution phase of the conference

5. Successful mentorship and integration of the conference participants into the SNET ecosystem

6. Successful incorporation of top performing innovations into the ideation pool and new project pool of the deep funding platform

Related Links

Include any relevant links, documents, or references that support and validate your proposal. This may include academic papers, previous projects, prototypes, or any other resources that showcase your capabilities.

Long Description

Company Name

STAR HIVE INITIATIVE

Summary

Funding Funnels is a 3-day event that seeks to gather a community of over 2,000 young tech enthusiasts and innovators all around the world across both physical and virtual platforms with the major aim of integrating these participants into the SNET ecosystem via series of workshops, seminars and networking sessions. This will be climaxed by an innovation pitch-a-ton and intellect fair exhibition competition where participants would showcase their Artificial Intelligence/technologically-powered solutions to real life challenges across multiple sectors. Moving forward, top performing innovators will receive rewards which shall come as tokens paid in AGIX and every other outstanding innovators will be automatically incorporated and mentored into submission of their ideas and innovation into the ideation pool and new project pool of the next deep funding rounds.

Funding Amount

$5000

The Problem to be Solved

With the rapidly increasing advancement in technology, the inclusion of young innovators in the procurement and implementation of AI-driven solutions is very crucial. It's worrisome how promising young talents face significant barriers when it comes to accessing resources that can transform their ideas into reality. The problem here lies in the lack of proper infrastructure and collaborative systems that can connect these young innovators with established industry experts and entities, as traditional channels often fail to recognize the unique perspectives of these young innovators. Many of these young innovators are unaware of currently existing collaborative and support mechanisms that deep funding platforms offer to help accelerate their innovations. In fact, many more are uninformed about the existence and efficacy of the SNET platform and deep funding in this regard. There is need for systematic exposure and integration of these untapped innovations into the SNET and deep funding ecosystem.

Our Solution

Our proposal projects a 3-day event aims to tackle the barriers hindering the full participation of young innovators in the tech sector by identifying the key challenges they face and in response, design mentoring and collaborative programs that would unlock and harness these disruptive innovations and ultimately entrench them into the SNET and deep funding ecosystem. We are strongly affirmative that this would cement a dynamic and inclusive tech ecosystem that drives progress and innovation at a global stage.

Our Project Milestones and Cost Breakdown

Outline the key milestones you plan to achieve during the project's implementation. The clarity in the budget is crucial for transparent evaluation. Try to keep this section’s structure as:

Milestone 1

Milestone Name: Event Conceptualization and Logistical engagements

Milestone Description: This involves developing the overall concept for the conference as well as identifying, securing and finalizing logistical arrangements relevant to the execution of the conference.

Milestone Deliverable: Conference concept, venue and logistics plan

Deliverable description: A comprehensive plan detailing the conference's concept, goals, format, proposed activities, chosen venue, logistics arrangement and associated costs.

Milestone related budget: $1500

Time Scale: 1 week

Outcomes:

1. Development of the overall concept for the conference including theme, objectives and target audiences

2. Identifying and securing appropriate venues for the conference as well as procurement of relevant logistics

3. Identification and engagement of speakers, panelists, industry experts and mentors who will contribute their knowledge and experience to the conference

4. Finalizing arrangements to ensure participation of speakers and mentors at the event.

Milestone 2:

Milestone name: Intellect Fair and Innovation Pitch-a-ton

Milestone Description: This milestone focuses on organizing the intellect fair, including participant registrations, booth arrangements, judging panels, attendee engagements, as well as the set up for pitch competition (Selection of pitch-a-ton judges and preparation of pitch guidelines).

Milestone Deliverable: Intellect fair schedule, participants list, selected startup list and pitch competition guidelines

Deliverable Description: A finalized schedule for the intellect fair outlining the participants, their projects and allocated booth space as well as official guidelines for the innovation pitch competition, a list of start ups selected to participate, along with the review and evaluation mechanism.

Milestone Related Budget: $1500

Time Scale: 4 days

Outcomes:

1. Participants registration, booth arrangements and allocation

2. Recruitment of judging panel and scheduling of attendee engagement activities

3. Preparation of pitch competition guidelines and settings for the pitch competition

Milestone 3

Milestone Name: Workshop Implementation, Skill-building and Mentorship

Milestone Description: This entails designing and developing the workshops and skill building sessions on various thematic across coding, block chain technology, robotics, artificial intelligence, entrepreneurship, etc. This milestone also entails executing the workshops, ensuring smooth facilitation, and providing necessary resources to both facilitators and attendees.

Milestone Deliverable: Workshop schedule, materials and feedback

Deliverable Description: A detailed schedule outlining the workshops, session topics, facilitators and duration followed by retrieval of completed workshop materials, feedback from attendees and facilitator evaluations for further improvement

Milestone related budget: $1000

Time scale: 1 day

Outcomes:

1. Smoothly facilitated workshop sessions

2. Successful impartation of conference contents and objectives on participants

3. Maximum engagement of participants

Milestone 4:

Milestone Name: Post conference evaluation, Integrations and Submissions into the next deep funding round

Milestone Description: This milestone involves efficiently executing all conference activities including keynote speeches, workshops, networking sessions, the intellect fair and the innovation pitch competition. In addition, it also focuses on collecting feedback from participants, speakers, mentors and stakeholders, with the aim of assessing the program's effectiveness. This would be followed by the identification of top performing innovators whose innovations would undergo post-conference mentorship engagements in preparation for their submissions to be integrated into the ideation pool and new project pool of the next deep funding rounds.

Milestone Deliverable: Successful conference conducted, post conference report and feedback summary

Deliverable Description: A well executed conference with all planned activities and sessions successfully conducted as scheduled backed by a detailed report summarizing the conference outcomes, including participant feedback, speaker and mentor evaluation, and recommendations for future editions.

Milestone related budget: $1000

Time Scale: 2 days

Outcomes:

1. A successfully and completely conducted conference

2. Identification of top performing and ground breaking innovators and innovations

3. AGIX token reward of outstanding exhibitors and innovators

4. Successful iterations on completed activities of the conference as well as the procurement of concise documents that navigate challenges and prospects of every part the execution phase of the conference

5. Successful mentorship and integration of the conference participants into the SNET ecosystem

6. Successful incorporation of top performing innovations into the ideation pool and new project pool of the deep funding platform

Risk and Mitigation

Identify potential risks associated with the execution of your project. Clearly outline mitigation strategies for each risk to demonstrate a proactive approach to handling challenges that may arise.

1. Financial Risks:

  • Risk: Insufficient funding and unexpected expenses.
  • Mitigation Strategies: (1.) We will create a detailed budget with contingency funds (2.) We will seeks partners and sponsors to share the financial burden.

2. Technical Risks:

  • Risk: Technical failures such as internet outages, power failures, or equipment malfunctions.
  • Mitigation Strategies: (1.) We will provide backup equipment in place (2.) We will conduct technical rehearsals before the event (3.) We will conduct technical rehearsals to ensure optimal functionality of equipment prior to the event.

3. Health and Safety Risks:

  • Risk: Health emergencies or accidents among attendees or staff.
  • Mitigation Strategies: (1.) We will ensure availability of onsite medical personnel and first aid stations (2.) We will communicate safety procedures to all physical attendees

4. Speaker or Guest Cancellations:

  • Risk: Scheduled speakers or guests may cancel last minute.
  • Mitigation Strategies: (1.) Have backup speakers and contents ready (2.) Develop and communicate cancellation policies with appointed speakers to ensure their agreements are binding (3.) Maintain open and constant communication with speakers to address cancelation issues early

5. Low Attendance:

  • Risk: Low turnout could affect the event's success and is a proof of low target audience reach
  • Mitigation Strategies: (1.) We will aggressively market and advertise the event though multiple channels such as our website, social media and print media (2.) We will offer incentives for early registration (3.) We will engage with potential audience through social media and networking channels

6. Intellectual Property Concerns:

  • Risk: Intellectual property theft or disputes regarding presentations or innovations.
  • Mitigation Strategies: (1.) We will clearly define intellectual property rights in participants agreement (2.) We will educate participants and innovators on intellectual property prior to exhibition rounds

7. Vendor or Supplier Issues:

  • Risk: Vendors or suppliers may fail to deliver as promised.
  • Mitigation Strategies: (1.) We will conduct a thorough assessment of vendors and suppliers (2.) We will also provide contingency and backup options (3.) We will ensure strict penalties for non performance are attached to vendor and supplier contracts.

8. Logistics Challenges:

  • Risk: Transportation delays, accommodation issues, or unforeseen logistical hurdles.
  • Mitigation Strategies: (1.) We will plan logistics well in advance (2) We will also set aside a dedicated logistics team headed by trained coordinators

9. Weather or Natural Disasters:

  • Risk: Unforeseen weather events or natural disasters disrupting the event.
  • Mitigation Strategies: (1.) Monitor weather forecasts and have contingency plans (2.) Consider insurance cover incase of event cancellation due to natural disasters (3.) We will put adequate evacuation and safety protocols in place.

10. Cybersecurity Risks:

  • Risk: Cyberattacks, data breaches, or online disruptions.
  • Mitigation Strategies: (1.) We will invest robust cyber security measures (2.) We will train our staff and tech volunteer team to recognize and respond to cyber threats (3.) We will develop and implement a response plan for data breaches

By proactively addressing these potential risks and having mitigation strategies in place, We increase the chances of a successful and smoothly executed conference, ensuring a positive experience for both attendees and participants.

Our Team

1. Clement Umoh : Clement Umoh is the CEO of Star Hive Initiative and the founder HIESMEDIC - a telemedicine platform. He is an AI researcher with specializations in telemedicine and AI pattern recognition. He holds certifications in event management and organization. I have organized multiple programs with impact on thousands of persons especially tech enthusiasts. I have participated and exhibited at several reputable intellect fair and pitch-a-ton events and my innovations have gained recognition from reputable institutions such as African Health Impact Initiative and the University of Toronto, Canada. This qualifies me as Event/Project Coordinator for this event.

https://www.facebook.com/clement.umoh.336

2. Janet Odey: Miss Janet Odey is a full stark developer and software engineer with widespread understanding of the tech ecosystem. She is the co-founder Scephtech, co-founder HIESMEDIC, a TECHNOVATION regional ambassador and a Ford Foundation alumni. She has organized regional summits, intellect fairs and pitch-a-ton events for reputable organizations such as TECHNOVATION and ENACTUS Global. These engagements and experiences qualify her for the role of our Programs Manager for our event. She will be responsible for curating the conference programs, identifying relevant topics and speakers and ensuring the content of our summit aligns with the objectives of integrating these young innovators into the SNET ecosystem.

https://www.linkedin.com/in/jane-odey-127375159/

3. Vera Mohie: Miss Vera Mohie holds a bachelors degree in Mass communication and public engagement with numerous volunteering and social engagement experiences at reputable organizations such as the International Red Society where she has headed their communications unit at various regional and local levels. She possesses an exceptionally strong marketing and communication skills. She will undertake the role of the Marketing and Communications Manager for our event. She will be responsible for promoting our event, creating marketing strategies, managing our social media platforms and coordinating with media partners to attract to attract participants and innovators to our event.

4. Hanson Ekpo: Hanson Ekpo is an IT specialist and a graduate of computer science and engineering. He possesses strong organizational and problem solving skills. He is the Executive director of Experteens and the programs director at Street Priests Incorporated. He is a social entrepreneur who has piloted impactful programs across several countries in Africa. He has a track record of organizing hitch free events with all logistics well positioned. He will be handling the role of our Logistics Coordinator for our event.

https://www.facebook.com/donsofia.donsofia

5. Prince Andong: Prince Andong is a multi-certified IT specialist with over 4 years experience in business development and sponsorship management. He is the lead product designer at Afrogon Studios Africa and the Co-founder and head of Human Resource at Hiesmedic. He will be piloting the role of our Sponsorships and Partnerships Manager for our event. He will be responsible for securing partnerships and sponsorships relevant to the success of our event.

https://www.instagram.com/p/CtgMHdPIlzA/?igshid=NTc4MTIwNjQ2YQ==

Related Links

Include any relevant links, documents, or references that support and validate your proposal. This may include academic papers, previous projects, prototypes, or any other resources that showcase your capabilities.

Proposal Video

Placeholder for Spotlight Day Pitch-presentations. Video's will be added by the DF team when available.

  • Total Milestones

    5

  • Total Budget

    $5,000 USD

  • Last Updated

    21 Feb 2024

Milestone 1 - Event Conceptualization and Logistical engagements

Status
😀 Completed
Description

This involves developing the overall concept for the conference as well as identifying, securing and finalizing logistical arrangements relevant to the execution of the conference.

Deliverables

Budget

$1,500 USD

Milestone 2 - Intellect Fair and Innovation Pitch-a-ton

Status
😀 Completed
Description

This milestone focuses on organizing the intellect fair, including participant registrations, booth arrangements, judging panels, attendee engagements, as well as the set up for pitch competition (Selection of pitch-a-ton judges and preparation of pitch guidelines).

Deliverables

Budget

$1,500 USD

Link URL

Milestone 3 - Workshop Implementation, Skill-building and Mentorship

Status
🧐 In Progress
Description

This entails designing and developing the workshops and skill building sessions on various thematic across coding, block chain technology, robotics, artificial intelligence, entrepreneurship, etc. This milestone also entails executing the workshops, ensuring smooth facilitation, and providing necessary resources to both facilitators and attendees.

Deliverables

Budget

$1,000 USD

Link URL

Milestone 4 - Post conference evaluation, Integrations and Submissions into the next deep funding round

Status
😐 Not Started
Description

This milestone involves efficiently executing all conference activities including keynote speeches, workshops, networking sessions, the intellect fair and the innovation pitch competition. In addition, it also focuses on collecting feedback from participants, speakers, mentors and stakeholders, with the aim of assessing the program's effectiveness. This would be followed by the identification of top performing innovators whose innovations would undergo post-conference mentorship engagements in preparation for their submissions to be integrated into the ideation pool and new project pool of the next deep funding rounds.

Deliverables

Budget

$1,000 USD

Link URL

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