Welcome to the AI for Good Innovation Factory Baltics Semifinals! 🎉

Congratulations on advancing to the semifinal stage. We’re excited to see your innovative solutions take center stage as you progress in the competition.

NEXT STEPS:

- Register Your Startup: Please complete the registration of your AI solution on our platform by clicking green “Add Startup” button in the upper right corner.

- Submit Final Pitch Deck: Kindly resend your updated pitch deck to [email protected] to ensure we have the latest version of your presentation.

- Prepare Your Pitch: Be ready for a 5-minute pitch, followed by a 3-minute Q&A session with the judges.

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Focus Areas for Your Pitch Deck: Please ensure your pitch deck covers the following points:

- Company Mission and Vision: How does your solution address key sustainable development challenges?

- Partnerships and Market Strategy: Outline your route to market and key partnerships.

- Value Proposition and Uniqueness: What makes your solution unique and compelling?

- Security and Reliability: How is security incorporated into your solution?

- Problem and Market Need: Clearly define the problem your solution addresses and its market potential.

- Monetization Strategy: Explain how your solution will generate revenue sustainably.

- Growth and Scalability: Provide a roadmap for growth and scaling.

- Technology and AI Use: Detail your use of AI, potential risks, and mitigation strategies.

- Capacity Building and Collaboration: Describe your willingness to share learnings and collaborate within the AI ecosystem.

- Alignment with SDGs: Show how your solution aligns with the Sustainable Development Goals.

- Team Strength: Highlight your team’s capabilities and readiness to execute.

Evaluation Criteria:

✅ INNOVATION AND UNIQUENESS: Assesses originality and creativity in AI technology. Does the solution offer a unique approach or significant improvement over existing options?

✅ MARKET POTENTIAL AND SCALABILITY: Evaluates market need and scalability. Is there clear demand, competitive advantage, and a growth plan?

✅ ALIGNMENT WITH SDGs AND SOCIAL IMPACT: Measures alignment with Sustainable Development Goals (SDGs). Does the solution positively impact society

✅ FEASIBILITY AND EXECUTION PLAN: Focuses on technical and business viability. Is there a solid plan for development, marketing, and scaling?

✅ TEAM CAPABILITY AND EXPERTISE: Looks at the team’s skills and experience. Does the team have the expertise and advisory support for successful execution

✅ SECURITY, ETHICS, AND RESPONSIBLE AI USE: Examines security, ethical practices, and responsible AI. Does the solution prioritize privacy, reduce bias, and follow ethical standards?

The semifinal event will be held online on November 22nd at 15:00 (Riga time, UTC+02:00).

🚀 PLEASE CHECK THE SCHEDULE

We look forward to your participation and wish you the best in the upcoming round!

Exclusive Regional Partner

22 Nov 2024

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6 Dec 2024

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