November 08, 2021 11:04

Turn Your Idea into Reality – Media Lab Launches the “Ideadrome” Contest for Start-ups

The Media Lab of the Communications Commission has announced a competition for start-ups, called “Ideadrome.” Start-ups that are working on simplifying communication in the digital space, educational gaming, protection against fake news and facilitating access to information, must register until  November 19 on the following link: https://cutt.ly/7R49fwa. Participants of the contest will be working with experienced mentors, who will help them improve their ideas and develop their start-ups. The prize fund of the competition is GEL 10,000. The final round will take place at the Media Lab on November 27.

Participating teams must be composed of two or three people who will present their idea in video format. To find out how to prepare a video presentation, please view the following clip - https://www.youtube.com/watch?v=7ZDgOnDy5f8 or visit the following link - https://medialab.ge/news/-ogor-tsarvadginot-startapidea-martivad-stsrapad-da-gasagebad

As part of the contest, entrepreneurs will receive training on important topics such as: validating the startup idea, team management, decision-making strategies, prioritization and product testing, easy access to funding, selecting the appropriate business model for the idea and creating the ideal presentation. All trainings will include practical tasks, allowing the entrepreneurs to immediately turn their newly acquired knowledge into real experience.

Ideadrome will provide start-ups with all the necessary knowledge for their future activities. Foremost of all, this contest represents an opportunity for the participants to prepare themselves for global challenges in a comfortable environment and approach future competitions more confidently. 

Ideadrome allows you to obtain experience in teamwork and allocation of responsibilities, which is an important factor for success in business. Another benefit of the contest is the opportunity to meet new people and expand your connections, as throughout the contest you will be working with the Media Lab team and experienced mentors.

Most importantly, Ideadrome will help expand your knowledge. This is what sets it apart from other competitions. Lack of experience and knowledge is the greatest obstacle to creating your first startup. Ideadrome will help you overcome this barrier and clear the way for you.

Finally, Ideadrome is an opportunity for you to implement your ideas. The main goal of the Media Lab is to discover the potential start-ups and help them turn their ideas into reality.

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