The Advanced Technology Development Center (ATDC) at Georgia Tech is hosting its second-ever FinTech Hack @ ATDC competition from Feb. 10 through Feb. 12.
The competition is sponsored by Atlanta-based Worldpay US — the global payments technology and services company and creator of ATDC’s FinTech Program — and Columbus, Georgia-based TSYS — a leading global payment solutions provider. (REGISTER HERE)
Participating teams will compete for cash, gadgets, and professional-services prizes valued at approximately $100,000. Worldpay US, TSYS, 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 $79,000.
This year’s theme centers on the Internet of Things, specifically, wearable financial technology (FinTech). Sponsors are supplying: Raspberry Pis, sensors, Legos, and Amazon Dots. (Please note that teams have to return the hardware.)
The total prizes breakdown is as follows:
BEST IN SHOW AWARD (GRAND PRIZE WINNER)
Grand Prize (six-months):
- Up to six 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 the ATDC FinTech Program.
- Networking/Connections to investors.
- Cash: $12,000.
The winning “Best in Show” team also will receive:
- Brand and PR consultation package from Media Frenzy Global.
- Legal counseling and advice from Morris Manning Martin.
- One counseling session and (if applicable) a provisional patent application from Morris Manning Martin.
- Accounting and financial whiteboard session from Bennett Thrasher.
- Three Hot Desks for six months at Atlanta Tech Village.
- Three month membership for up to six team members at Sandbox ATL.
BEST USE OF WORLDPAY US APIs AWARD:
- $6,000 in cash and access to decision makers.
- Three months for a dedicated team work table for five team members at StrongBox West.
BEST USE OF TSYS APIs AWARD:
- $6,000 in cash and access to decision makers.
- Three month hot desk membership for four team members at Prototype Prime.
Additionally, $100 Individual Awards will be given to:
- Most dedicated developer.
- Best presentation skills.
- Best leadership.
- Most dedicated designer.
- Best original idea pitched.
OTHER FUN AWARDS INCLUDE:
- Startup Chowdows at Atlanta Tech Village.