October 9, 2015 in ATDC News, FinTech

FinTech inNOV8tors: Compete for $85K in prizes

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Screen Shot 2015-11-02 at 10.13.53CREATE THE NEXT FINTECH UNICORN

The Advanced Technology Development Center (ATDC) at Georgia Tech is partnering with Worldpay US, Yodlee, and NCR to host the “FinTech Hack @ATDC.” This is more than your typical hackathon. The FinTech Hack @ATDC wants to help entrepreneurs, developers, and designers take their ideas to the next level by providing the critical post-hack engagement, mentoring, and support to build viable startup companies. And yes… there will be cash, gadgets, food, and swag, too. The FinTech Hack @ATDC is the first by ATDC’s FinTech program powered by Worldpay US. (REGISTER HERE.)

UNLIMITED CREATIVITY WANTED

Ultimately, participants will decide which ideas to work on using the APIs of our sponsors. They can work on their own projects or work on challenges presented to them by Worldpay US, Yodlee, and NCR. Click here to see the challenges presented by our sponsors.

WHEN: Friday, Nov. 6, 2015, from 5:30 p.m. through 9 p.m. on Sunday, Nov. 8, 2015.

LOCATION: ATDC, 75 Fifth St., 3rd Floor, Centergy Building at Tech Square.

TEAMS & PRIZES: The total value of all prizes combined is worth more than $85,000. Four winning teams will be selected and awarded as follows:

1) Best in Show (Grand Prize Winner):

Worldpay US, Yodlee, NCR, and ATDC are committed to help the “Best in Show” team pursue its idea post-FinTech Hack @ATDC with a six-month Grand Prize package, cash, and other benefits valued at $73,0001 as follows:

Grand Prize (six-months):

  • Up to eight hours per month of personalized, one-on-one mentorship from key, high-ranking decision makers of the sponsoring companies.
  • Coaching and business strategy guidance from ATDC.
  • Acceptance into ATDC’s FinTech program.
  • Networking/Connections to investors.

Cash: $7,000.

The winning “Best in Show” team also will receive:

  • Brand and PR consultation package from Trevelino/Keller.
  • Legal counseling and advice from Baker Donelson.
  • Two Hot Desks for three months at Atlanta Tech Village.
  • One 1-hour counseling session and (if applicable) a provisional patent application from Troutman Sanders
  • Accounting and financial whiteboard session from Bennett Thrasher.

2) Best Use of Worldpay APIs:

  • $4,000 in cash and access to decision makers.

3) Best Use of Yodlee APIs:

  • $4,000 in cash and access to decision makers.

4) Best Use of NCR APIs:

  • $4,000 in cash and access to decision makers.

5) Additionally, $100 Individual Awards will be given to:

  • Most dedicated developer.
  • Best presentation skills.
  • Best leadership.
  • Most dedicated designer.
  • Best original idea pitched.

Here are the sponsors’ API tutorials:

RULES:

  • New Deliverables Rule: All code, prototypes, and design submissions developed for the FinTech Hack @ATDC must be created during the event. Participants can bring their ideas, but all meaningful work must be created during the event.
  • Development Environment: Sponsors will be providing sandboxing environments for participants.
  • IP Ownership: Participants will own their ideas, code, and work.

JUDGING PANEL:

  • Steve Karp, chief strategy officer, Worldpay US.
  • Kevin Gordon, lead innovation architect, Worldpay Technology Innovation.
  • Rupen Patel, chief technology officer, NCR Silver.
  • Jeanine Swatton, developer evangelism director, Yodlee.
  • Sean Banks, partner, TTV Capital.
  • Richard Nailling, lead entrepreneur-in-residence, ATDC.

TIMELINE:

  • Oct. 2: FinTech Hack announcement.
  • Oct. 9: Judges announced.
  • Oct. 16: Prizes posted.
  • Oct. 23: Worldpay, Yodlee, and NCR ideas announced.
  • Oct. 30: Happy hour.
  • Nov. 5: Worldpay, Yodlee, and NCR API workshops.
  • Nov. 6-8: FinTech Hack @ATDC winners announced.

(1 Estimated value if all services and benefits are fully used over the six-month period.)




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