Bundelkhand Hackathon 2024: Empowering Street Vendors with Smart Management Solutions

The Bundelkhand Hackathon 2024 is set to be a dynamic event aimed at leveraging technology to solve pressing issues faced by local communities. Organized by Madhya Pradesh Industrial Development Corporation (MPIDC) and powered by Incubation Masters . The event promises to bring together innovators from various fields to tackle real-world problems, with a specific focus on empowering street vendors through smart management solutions.

Why Focus on Street Vendors?

Street vendors form the backbone of Bundelkhand’s local economy, offering essential services to communities and providing livelihoods for thousands of families. However, they face numerous challenges:

• Lack of access to digital tools.
• Unorganized financial systems.
• Limited visibility and market reach.

These hurdles often hinder their ability to grow and thrive in an increasingly digital marketplace. The Bundelkhand Hackathon 2024 aims to address these issues by inviting participants to develop Smart Management Solutions that can transform the way street vendors operate.

Problem Statement: Empowering Street Vendors through Smart Management Solutions

The specific problem statement for this year’s hackathon is to develop digital tools that can empower street vendors by improving their financial inclusion, streamlining their operations, and expanding their market reach. Participants are encouraged to create solutions that address the following:

• Digital financial tools: Develop mobile applications or platforms that help street vendors manage their finances, track sales, and access micro-loans.
• Geo-location and customer engagement: Create apps that allow customers to easily locate street vendors, enhancing visibility and driving business.
• Inventory and sales management systems: Design solutions that help vendors manage their stock, track sales in real-time, and forecast demand.
• Digital payment systems: Build easy-to-use payment solutions to enable cashless transactions, improving efficiency and security for both vendors and customers.

By providing these smart management solutions, participants can help street vendors modernize their business operations, allowing them to compete in the digital economy and improve their livelihoods.

Who Should Participate?

This problem statement is ideal for:

• Developers and Engineers: Use your skills to create mobile apps, platforms, or hardware solutions that can directly benefit street vendors.
• Fintech Enthusiasts: If you have experience in financial technology, this is your chance to create solutions that promote financial inclusion for underserved communities.
• Startup Founders: Do you have a startup idea related to empowering small businesses? Use this hackathon to refine and showcase your concept.
• Students and Young Innovators: If you’re passionate about making a difference, this hackathon offers a unique opportunity to contribute to the community and gain hands-on experience.

Event Details

• Date: 26th September 2024
• Venue: Police Grounds, Sagar, Madhya Pradesh

Participants will have the opportunity to collaborate in teams or work individually, receiving feedback and mentorship from industry experts. The hackathon will include workshops and brainstorming sessions to help refine ideas and guide participants toward practical, scalable solutions.

Judging and Prizes

A panel of judges will evaluate solutions based on creativity, feasibility, scalability, and potential impact. The best solutions will receive exciting prizes, including mentorship, potential funding, and access to incubation resources through Incubation Masters. The goal is to ensure that winning ideas can be turned into real-world solutions that benefit street vendors across Bundelkhand.

Why Participate?

1. Make a Real Impact
   Street vendors are an integral part of the local economy, and your solution can help them overcome daily challenges, improving their livelihoods.

2. Showcase Your Skills
   Demonstrate your technical expertise and innovation in front of a panel of industry leaders and potential investors.

3. Networking Opportunities
   Meet like-minded individuals and professionals from across various industries, creating connections that can help you grow your career or startup.

4. Exciting Prizes
   Top performers will win cash prizes and gain access to incubation and mentorship programs, helping to turn their innovative ideas into reality.

Register Now!

Ready to be part of the solution? Register now by visiting https://bundelkhandhackathon.in/startup-registration to participate in the Bundelkhand Hackathon 2024. Don’t miss this opportunity to empower street vendors and contribute to the digital transformation of Bundelkhand.

Join us on 26th September 2024 and help shape the future of street vendors in Bundelkhand!