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HomeVenture Makers Innovation ChallengeVenture Makers Innovation Challenge 5 – AI

Venture Makers Innovation Challenge 5 – AI

Launch Pad have hosted their fifth Venture Makers Innovation Challenge on 12 September 2023!

Venture Makers is Launch Pad’s entrepreneurship training and development program for students, researchers and staff designed to build and support an entrepreneurial culture & ecosystem. 

The Venture Makers Innovation Challenge put participants in the driver’s seat to solve an emerging problem and develop and communicate innovative ideas. The skills learnt from this challenge would be valuable whether they become an employee for any organisation or choose to become an innovator, inventor or entrepreneur.

In this ONE DAY challenge, teams worked with participants from various disciplines (from Business, Communications, ICT, to Health, Psychology and others), to explore how we could use “AI for Impact”.

The Challenge Question

"How can we use AI for a positive sustainable social change?"

We are now in the age of smart technology. Artificial Intelligence has now become entrenched in both our personal and professional lives. While AI provides many advantages it also has the potential to create, significant negative impact on society.

Participants worked with specialist mentors from startups and industry to help them develop ideas that apply advanced technology concepts and innovative business models whilst working in a real-world environment.

Students came as individuals to meet and join forces with other participants from other disciplines to make an impact! It was a great way to connect.

The Challenge Themes

Ideas and solutions could include technologies, startup companies, campaigns, policies and regulations, education program or any of the United Nations Sustainable Development Goals.

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Download the challenge info pack
The Prizes
* All prizes are issued in vouchers.

Watch the Info Session here:

Venture Makers Innovation Challenge 5
Winners

The Challenge Question

1st Place

E3 (cubed)

Veron Caldera, Dhimahi Walendra, Jaybie nino Perigo, Aine Rojo, Utshaha Subedi

E3 (cubed) – the creation of an eco-smart system controlled through an AI assistive hardware application.

2nd Place

Senior Service Bot

Adam Pittman, Emily Mahchut, Druxy Hoang, Benjamin Rushworth-Curtin, Sunly Sethea

Senior Service Bot – an advanced patient medical system which utilises AI to determine levels of satisfactory care.

3rd Place

sustAIn

Linh Le, Luke Hindwood, Jade Dsouza, Khanh Tran, Shaheen Khalfan

sustAIn – a NFP that promotes digital literacy amongst the community via AI tools to minimise digital divide.

The Benefits

Skills learnt throughout the challenge

Soft Skills

1) Entrepreneurial Thinking
2) Problem Hacking
3) Non-verbal Communication skills
4) Radical Open-mindedness
5) Radical Creativity
6) Effective Brainstorming
7) Time Efficiency 
8) Radical Empathy
9) Collaboration

Hard Skills

1) Conceptual Design
2) Pitching for Impact
3) Sustainable Development Goals
4) Innovation Hack Canvasing
5) Entrepreneurial Process
6) Sustainable Design
7) Corporate Presentation/Storytelling

Entrepreneurial thinking

Entrepreneurial Thinking

Non-verbal communication skills

Radical Creativity

Radical Open Mindedness

Time Efficiency

Effective Brainstorming

Radical Empathy

Collaboration

Conceptual Design

Pitching for Impact

Sustainable Development Goals

Innovation Hack Canvasing

Entrepreneurial Process

Sustainable Design

Corporate Presentation/Storytelling

Industry Partner

Partnering in this Innovation Challenge is Virbela an international leader in the Metaverse space that brings people together to work, learn, meet, and train in an immersive virtual world – from anywhere.

Through the challenge, Virbela provided guest speakers and facilitators building opportunities for students to connect with industry leaders. 

Virbela also provided a range of prizes for challenge winners including tickets to major events and personalised career mentoring opportunities. 

'Welcome to the Metaverse'

Finalists

The teams worked to conceptualise metaverse solutions in areas such as mental health, diagnostic tools for dementia, therapeutic approaches for treating lower back pain, innovation in retail, marine conservation, immersion, social good, fitness through human-machine integration, and sustainability, with six teams – AquaMeta, Virtualizon, NASA, MemoVerse, The Good Team, and The Three Musketeers –  progressing to the final.

Read media release: Venture Makers Innovation Challenge embraces the Metaverse.

Info Session

Get all the details you need to stay ahead of the game! Learn about the rules, the theme, and how to maximise your chances of success. 

Date: 25 August 2023 

Location: Online 

Time: 12:00 PM – 1:00 PM

Challenge Day

The Venture Makers Innovation Challenge was a whole-day hackathon event (9.00 AM – 5.00 PM).

Date: 12 September 2023 

Location: Bankstown City Campus 

Time: 9:00 AM – 5:00 PM

register
See past challenge recap
register now

Walking Bus - From Bankstown Station

To help participants get to the challenge, we had organised a walking “bus” on Bankstown City Campus – a group of people forming together to walk safely between the campus and Bankstown train station.

  • From Bankstown station to Bankstown City Campus: 08.30 AM – 09.00 AM
  • From Bankstown City Campus to Bankstown station: 05.00 PM – 05.30 PM

Shuttle Bus - From Parramatta City Campus

To help participants get to the challenge venue, we organised a shuttle bus from Parramatta City Campus to Bankstown City Campus.

  • From Parramatta City Campus to Bankstown City Campus: 08.00 AM 
  • From Bankstown City Campus to Parramatta City Campus: 06.00 PM
   +61 2 9678 7200

  Suite 12, Ground Floor, 14 Great Western Highway,
Werrington NSW 2747
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