Problem Statement
Problem Statement
The pitch deck for each problem track must include a clear problem definition, product design, impact metrics, a detailed budget and investment breakdown, and a 6-month Go-To-Market strategy. Additionally, the solutions must align with at least one SDG and be original; copied solutions will be disqualified. The physical product design should demonstrate using resources within a budget of ₹50,000 effectively. For the historical context track, submissions must illustrate a strong understanding of the era's historical and social context, showing how the product and its ecosystem function and create impact .
Solutions are initially evaluated based on the submitted pitch deck, which must clearly define the problem, propose a feasible and impactful physical product, and include comprehensive budget and Go-To-Market details. For shortlisting, the clarity of thought, impact potential, feasibility, and execution strategy are key factors. During the in-person pitching phase, judging focuses on these aspects along with the solution's originality and how well it aligns with selected SDGs. Copied solutions and those exceeding the budget or lacking a clear impact and sustainability strategy are disqualified .
When developing a Go-To-Market strategy for Enact-a-thon submissions, teams must consider market needs, competitive landscape, target users, and distribution channels. They should tailor their approach to the defined problem and proposed solution, setting clear objectives and metrics for success. The strategy should articulate how they will launch and promote the product within the constraints of their budget and the specific scenario—modern or historical context. Understanding the socio-economic environment and leveraging partnerships, including within the Enactus ecosystem, can enhance market penetration and long-term sustainability .
The Enact-a-thon competition inherently integrates sustainability by requiring all solutions to align with at least one United Nations Sustainable Development Goal. Participants must create a product that generates measurable social, environmental, or economic impact. The Open Innovation track emphasizes using limited resources efficiently to create sustainable and practical solutions. The historical context challenge prompts understanding of sustainable practices from a historical perspective, encouraging redesigns that consider long-term societal impacts. Both tracks assess how solutions can maintain their sustainability post-implementation through effective strategies and business models .
Enact-a-thon encourages innovation by challenging participants to devise sustainable solutions for real-world problems, focusing on creativity, empathy, and an entrepreneurial mindset. The competition mandates designing a physical product with a tangible societal impact, cultivating frugal innovation due to budget constraints. Additionally, the historical context track stimulates creative thinking by requiring the adaptation of modern products for a past era, fostering an understanding of cross-temporal innovation and socio-economic adaptability. This challenge necessitates thinking beyond standard frameworks and demands strategic foresight .
Teams should select a modern product and reimagine it as if it were being introduced 50 years ago, considering the technological limitations, social norms, and economic systems of the past. They must redesign the product and its ecosystem to ensure it could realistically function, gain adoption, and create social impact in that context. This involves addressing challenges like slower manufacturing, cash-based payments, and different social/gender roles. The redesign should also include a pre-modern Go-To-Market strategy and alignment with an SDG .
Frugal innovation in the Enact-a-thon competition is central to demonstrating how meaningful impact can be achieved with limited resources. It requires participants to be resourceful and inventive when developing their products, ensuring they remain effective and affordable. The competition's budget constraint of ₹50,000 demands strategic allocation and cost optimization in the product's design and implementation phases. This approach not only challenges traditional, resource-heavy innovation models but also encourages the consideration of cost-effective solutions accessible to a broader audience, thus enhancing the societal reach and impact .
Empathy is crucial for understanding and addressing the underlying issues faced by affected communities, guiding participants to develop solutions that genuinely meet community needs. An entrepreneurial mindset fosters innovative thinking and strategic planning critical for creating feasible solutions with significant impact. Participants must empathize with users to design accessible and effective products, while the entrepreneurial approach allows them to consider scalability, market entry, and long-term sustainability. These competencies enable participants to craft solutions that are not only innovative but also practical and transformative in real-world settings .
Participants must design a physical product solution that addresses a real-world problem and creates a measurable social impact, aligning with at least one United Nations Sustainable Development Goal (SDG). The solution must be developed within a budget of ₹50,000 and demonstrate effective use of limited resources, focusing on frugal innovation, feasibility, and execution thinking. The pitch deck must include a problem definition, product design and functionality, impact metrics, a budget breakdown, and a 6-month Go-To-Market strategy .
Participants can effectively justify their budget allocation by clearly linking each expense to necessary components of the product design and its implementation, ensuring all costs directly contribute to scalability and impact. The budget must account for raw materials, manufacturing, logistics, and other essential areas within the ₹50,000 limit. Breaking down how each expense supports the functionality or enhances the feasibility of the solution helps underscore its necessity. Justifying costs with evidence of impact, such as potential environmental or social benefits, further strengthens the rationale for the proposed allocations .