Last Friday, large group individuals arrived at the Tilko Jaffna City Hotel. Some young and some slightly elder than those young. They came from different walks of life but they all had the same plan for the weekend: to build a startup. They were the participants of the inaugural Startup Weekend Jaffna. On Saturday, these individuals were busy building prototypes and asking customers whether they would pay for the idea they had. On Sunday, it was the moment of truth.
The main challenge the teams have to conquer now is to make a pitch in front of a panel of judges. They must prove to this panel of judges that their startup idea is the best one out there. To do so, they need to give a killer presentation. Day 02 of Startup Weekend Jaffna ended with the teams getting a few tips on how to give an awesome presentation from Anurag Maloo – Regional Manager (South & Central Asia), Techstars.
Now the teams have to put these lessons into practice. As we walked into the hall, we saw teams arrive along with us. They quickly grabbed a plate of breakfast, which had a sandwich and a cutlet on it before making a mad dash to their tables. Once the teams were at their tables, they immediately began work. It was time to finalize their prototypes and their presentations. They only had until 5pm and the clock was ticking.
Fast forward to 3pm and there’s only two hours until pitching begins. Suddenly, Anurag takes the stage once again. He announces that they will now be commencing the mock pitches. This is where the teams at Startup Weekend Jaffna can make their pitch and get some feedback before they do so in front of the judges. With this feedback, they can improve their pitch just before they meet the judges.
At approximately 5pm, the judges finally arrived and took their seats. Anurag takes the stage once more. He walks us through the journey of Startup Weekend Jaffna and shares the judging criteria before reminding the teams the rules of the pitching session. Each team will have 5 minutes for their team leader to pitch the startup and an additional 3 minutes for judges to ask questions.
With that being said, it’s time for the teams to make their final pitch at Startup Weekend Jaffna. Here’re the finalized startup ideas we saw from the teams at Startup Weekend Jaffna.
Farmers face several problems that prevent them from earning profits. According to the teams, these problems have pushed some farmers to the brink of suicide. The biggest problem is the middle man. What PredCult is offering is to be a simple middleman. With PredCult, customers can directly pre-order items from the farmer. PredCult will then deliver the items to the customers via third-party couriers. However, for larger orders, they will charge extra or ask farmers to deliver the orders directly.
The team then showed a website as part of their demo. With the website a customer can place an order for an item. Once the order is placed, they can rate the farmer. After the order is placed, the customer can expect regular notifications about their orders. Their pricing model is a simple equation which is: Cost per kg + Farmer + Profit. The team already has plans to execute the idea in Colombo with a team member already having a paddy field.
This team had a bit of a chaotic presentation, but their idea was clear. Many people when visiting new locations, don’t know anything about it. They want to know what to see and experience but there are many barriers to that. Seeing this problem, this team built tour-O-pedia.
Tour-O-pedia is a website that allows you to plan every aspect of your trip. Furthermore, it tells you what places you should see and experiences you should try when you visit an unknown place. Additionally, the website would also allow you to experience virtual reality tours. The team concludes by sharing with us that 1.8 million tourists visit Sri Lanka annually. However, the team will not be aiming at all 1.8 million people. Their only focus is the people interested in experiencing the local culture.
The team got the idea for their idea seeing foreigners visiting restaurants in Jaffna. Restaurants in Jaffna will have their menus in Tamil. Anyone who doesn’t speak Tamil will be lost say’s the team leader. This is why team built the digital menu card: a multi-language menu app running on tablets.
With the Digital Menu Card, customers can place orders and it’s directly communicated to the kitchen. As the customers look at the menu, the app shows detailed information about the items. As the day passes, the app also updates the menu from breakfast to lunch to dinner.
But how does the team plan to convince restaurants and hotels to use their system? Initially, the team says they will give out tablets free to introduce the technology. Afterward, the team plans on charging Rs. 5000 from each hotel. Essentially, the same strategy we’ve seen cloud storage providers use.
Finding the right people for your team is a challenge. This is how the team began their presentation. The team goes on to state that Sri Lanka has many meetups and conferences for the tech industry to network. Yet, 60% of the people attending these events don’t remember the people they meet.
What the team proposes is to collect the contact details and skillsets of attendees coming to these events. With this data, the team is offering an app that wants to help you build that perfect team. To do so, the app will let you find people based on their skill sets and gives you their contact details. It’s free at the start for the first 10 people to join your team. To find the 11th person, though, you’ll have to pay.
What this team wants to do is let you shop anywhere you are. During their tech demo, we saw a website which uses Google’s Street View. But there’s a twist with little yellow icons in front of the entrances of shops. When you click on the yellow icon, you’re redirected to an e-commerce page for the shop.
The team still faces a few technical challenges before their vision is truly a reality. The team’s first step is to find shops that would partner with them in Colombo and Kandy. So how does the team plan to make money? They will do so in a 15% commission.
Remember when Amazon tried experimenting with drones for delivery? This team wants to do something very similar. The team hopes to use drones to help e-commerce companies deliver their products faster. The team came up with this idea seeing the problems with traditional delivery methods used by e-commerce companies.
How much will drone delivery cost, though? Well, that depends on the weight of the package and how far it needs to fly. The team’s entire system will consist of a drone, apps for the customers and a delivery management interface for e-commerce companies. So far the team has completed their primary research. However, they’ve yet to build an MVP.
Many manufacturers of traditional Sri Lankan goods are underprivileged and do not have a proper marketplace. As such, the team has built an e-commerce website called LK Products. This is an e-commerce website that will be focused on selling products of local Sri Lankan manufacturers. The team believes that they have an edge over existing e-commerce websites as they don’t sell traditional Sri Lankan items.
Shiva is building his house. Jeeva is planning to build his office. They both get a sketch and pay a CAD designer. For homes this is fine, so Shiva is safe. But for Jeeva’s office, he needs government approval. In the event the government rejects Jeeva’s proposal, he’d have lost a lot of money paying the CAD designer. This is the story and the problem i-Augment says they want to solve.
How do they plan on doing it? By building an app that takes the planning sketches and creates virtual tours of buildings. It’s an ambitious idea and the team still has a few technical challenges they need to overcome. Assuming they overcome the challenges what’s their business models?
The team has identified that they do have a competitor in this field: Archilogic and existing CAD designers. However, both options are costly. Archilogic’s existing plans already cost over $100. I-Augment instead will offer a free option with additional features available $15 for house plans and $25 for corporate plans.
Arguably the most talked about startup over the weekend. The problem they want to solve is monkeys. You see, monkeys cause a lot of problems. They destroy property, farms and even attack humans. The team shares a video they shot when validating their product. It shows people, mainly farmers saying that they would be very interested in the product. Once the video ends, the audience gives a loud round of applause.
The team then shares existing methods people use to stop monkeys. One method is building fences, which would easily cost over Rs. 1 million. Other options people use is firecrackers and government issuing licenses for people to own firearms. However, these hurt the monkeys and are of limited effectiveness. The team is offering a new way of repelling monkeys that’s harmless.
The team’s idea is to set up a network of sensors. When a monkey enters the area and trips a sensor, loudspeakers play the sounds of snakes being in the area. The team goes on to elaborate that monkeys operate in packs. As such they usually send a spy beforehand to explore any new area. The spy explores the area and returns to the pack. If the spy reports to the pack that it’s unsafe then the pack avoids the area. So how much will this system that keeps monkeys away cost? Rs. 19,000.
This is the only startup idea that wasn’t an app. This team wants to do something different. They want to build a war museum. The team hopes to buy some large areas of land and convert them into a model village. However, this would be a village which only contains the technology in a war-torn zone. So too will be the structures, complete with bunkers and other structures found during the war. In other words, this model village is a recreation of Jaffna as it was during the war.
This team has a chatbot and it is live on tourpal.co. This chatbot is the third travel-related startup idea we’ve seen so far at Startup Weekend Jaffna. The team has identified that 33% of travelers use apps like Google Maps and Zomato to find activities to experience when visiting a new location. However, it’s still a challenge to get data as these apps specialize in different things.
However, none of them beat the experience of getting information from a local. This is something the team identified during their validation process as they spoke with people. This where the chatbot comes in. The chatbot aims to be a centralized hub that would help you like a local friend to find things to experience when visiting a new location.
Currently, Tour Pal is only a Facebook messenger chatbot that knows restaurants. It’s free to use for its end users. For businesses, the team would charge $5 to push ads in a similar manner to Google. Tourpal would only push ads to customers when they ask questions that would be closely related to the business.
Occasionally, we leave our homes having forgotten to turn something off. This could be anything from our lights to our irons. It’s only after we are far away from home that we remember about it. It’s all too easy for our electricity bills to rise and a fire to burn down our houses with this bad habits. This is team wants to solve this problem for you.
What they are offering is a solution to turn your normal switches into smart switches. To do so, they have a simple mechanism which you can put on top of your normal switches. Once this mechanism is placed on your switches they can be turned on and off with a companion app. The cost of these mechanisms would Rs. 1000 each. The team also plans to offer 6 months warranty with a free service charge.
With the conclusion of Smart Changer’s pitch, all the teams had presented their startup ideas to the judges. Now it was time for the judges to pick a winner. And so the judges retreated to the back of the hall. There the judges debated the different ideas. Meanwhile, the teams were focused on relaxing and taking selfies. Finally after 10 minutes, the judges had their answer.
However, before they announced the results, the judges shared a few words. Sachindra Samararatne – program manager at ICTA was the first to share his words. Sachindra emphasized the importance of the business model. Technology as he describes is only the enabler of the business model. It’s all about creating a business that solves a real world problem. This is why he says, implementation is the most important part. He concludes by telling the teams to be ready to pivot because that’s what how great startups survived.
Following Sachindra’s speech, Mano Sekaram – Chairman of SLASSCOM and CEO of 99X Technology took the stage. He congratulated the teams for having great ideas and being passionate about them. He says this is the first step for any entrepreneur. But the teams still have a long way to go. He points out that the teams will need to identify their target market. Another lesson was that few people would pay for an app. Mano made this very clear when only one hand rose when he asked how many people in the audience use a paid app. He concludes by reiterating on Sachindra’s point that it’s not the idea that matters. Ideas are cheap. What matters is the team that executes the idea.
After three days of hard work, the pitches have been made. Once the judges had given their feedback it was time to announce the winners. *insert drumroll here* The winners of Startup Weekend Jaffna are:
Additionally, Air Turbon won the award for being the most innovative and Go Monkey also bagged the crowd favorite award. Once the winners had been announced, Anurag took the stage once more. He congratulated all the teams that took part and encouraged them to go forward with their ideas. Some of the greatest Startup Weekend Jaffna stories he says are from teams that didn’t win. He concluded his speech with an introduction to other initiatives by TechStars and thanked the sponsors that made Startup Weekend Jaffna.
With that, Sri Lanka’s first Startup Weekend came to an end. To call it an adventure would have been an understatement.
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Tech Coders V1.0 will be an online 12-hour problem solving competition. During this 12-hour period your problem solving skills will be put to the test through a series of questions. Competition
Tech Coders V1.0 will be an online 12-hour problem solving competition. During this 12-hour period your problem solving skills will be put to the test through a series of questions.
Competition will be conducted on HackerRank.
*Please note that you will be given access to the contest on HackerRank only if you fill this form on or before 11.59 pm on 22nd March (Thursday).
Organized by : Tech Seekers – Sri Lankan Community
24 (Saturday) 8:00 pm - 25 (Sunday) 8:00 am
One on one talk , Q&A and networking session with Manju Nishshanka,Founder and CEO,KRMG Capital. Mr.Nishshanka is a serial entrepreneur with extensive experience in financial markets and disruptive technologies.He has founded
One on one talk , Q&A and networking session with Manju Nishshanka,Founder and CEO,KRMG Capital.
Mr.Nishshanka is a serial entrepreneur with extensive experience in financial markets and disruptive technologies.He has founded and invested in several successful startups in fintech,blockchain ,AI,AR & VR and social media sectors.
He is a keynote speaker at the Digital Asset Investment Forum (DAIF 2018) and also serves on the board of NYU stern Blockchain and digital asset forum.
KRMG capital is an investment and advisory firm focused on early and growth staged startups and digital assets.
University of Sri Jayawardenepura,Sri Lanka partnered with KRMG capital to establish the first ever blockchain laboratory in Sri Lanka.
This will be an eyeopener to the vast potential and opportunities in Blockchain,Digital assets and Cryptonomics.
All are welcome to join the event and the networking session.
(Wednesday) 6:30 pm - 8:30 pm
Lakshman Kadirgamar Institute
Horton Place, Colombo 00700
Chandimal alahakoon 077 22 44 905
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