Solutions for Innovation
Crowdpolicy has an integrated approach to boosting innovation in businesses, organizations and bodies in the public and private sector. Our approach aims to enhance the competitiveness and extroversion of these bodies, the transition to quality entrepreneurship based on innovation, the integrated digital transition and the creation of added value with the engagement of the crowd. The methodology we follow is based on the gradual implementation of the proposed solutions, the continuous assessment of the pilot applications and the multiple repetitions until the result is achieved.
The approach of Crowdpolicy to boosting innovation consists of the following:
- Creation and enhancement of various business innovation ecosystems (e.g. fintech, agrotech, civictech, insurtech, martech, IoT, health etc.).
- Creation of labs (citylabs for Municipalities) or Innolabs (for businesses) on ideation and teams development.
- Implementation of lean product development methodologies to develop products and services, as well as agile and scrum methodologies to develop new software products and services.
- Implementation of lean startup methodologies to support new teams, new businesses, startups and social enterprises.
- Development of social economy models.
- Organization of innovation competitions Crowdhackathons.
- Development of MVPs for teams, startups, businesses and bodies MakeyourMVP.
- Design, support and operation of accelerators and structures for the maturing of teams and ideas.
- Support of the processes by the Crowd.
bootcamps – Innovation Labs
Bootcamps are workshops during which the participants (e.g. executives of a company, candidate teams for an accelerator) are invited to solve a problem in a structured way with the use of modern development methodologies such as lean, design thinking, agile etc.
The goal is to organize the participants in groups other than those within an organization, to enable them to get in touch with new technologies and ideas and learn how to work using new collaborative lean methodologies. This is the first step in order for an organization’s executives to come together and understand modern methodologies for developing business models and products, thus promoting innovation.
During the bootcamp, the participants follow a specific way of dealing with the problem they wish to solve. Based on criteria such as human needs, a technologically feasible implementation and business sustainability, they find out what features and attributes their product or service should have in order to deal with the problem in an efficient and effective way.
The main principles of the methodological approach are:
- Understanding the problem
- Observing the users
- Understanding the findings – results
- Generating new ideas
- Creating a prototype – experimenting
- Testing, implementing, improving
Bootcamps are addressed to executives from private and public organizations as a first step towards enabling the organization’s strategy to be more agile, aiming at promoting innovation and effectiveness through sustainable models.
You can see the presentation of a be finnovative bootcamp program
Crowdhackathons – Innovation Marathons
In Greece, there is a dynamic human capital looking for creative outlets in order to innovate and support the local economy and entrepreneurship. In addition, in Greece, there are lots of academic and research institutions that have a great deal of know-how in applied sectors of society and economy.
On the other hand, there are sectors of economic activity that can benefit greatly from modern technologies and practices. However, companies’ R & D is insufficient, especially when it has to be carried out with reduced costs. Companies, organizations and bodies should have access to research and innovation that can improve their value chain.
In June 2015, we organized the 1st Crowdhackathon #apodeiksi to fight tax evasion with the use of modern technological means. Then, in cooperation with OASA, we organized the Crowdhackathon #transport, while on 17 and 18 October we organized a crowdhackathon on tourism with the support of SETE . We then organized a Crowdhackathon on financial transactions (fintech) with the National Bank of Greece, and, finally, we organized the 1st Crowdhackathon on open data (opendata) in Cyprus with the support of the Presidency of the Republic of Cyprus.
These actions are “marathons for the development of applications” on various sectors of the economy. The marathons are attended by young people, developers, designers, analysts and anyone who has ideas and suggestions to address practical issues or create a pilot innovative product or service while public and private sector bodies are engaged by providing the participants with open data they can use.
During a crowdhackathon, the participants discuss ideas for implementation with special mentors involved in the process. The proposals are evaluated and the most popular ones are selected to be implemented as web and smartphone applications that can be further utilized. The applications that result from the competition are available as opensource so that they can be used by any interested individual or public body.
The crowd plays a vital role in all the processes of the marathon; this is why it is called crowdhackathon.
The following data from the first two crowdhackathons that were held prove the engagement of society in these actions:
- 256 developers
- 67 mentors
- 28 applications for society and economy
- >500 references on blogs, Social Media and news portals
- Renowned bodies, Ministries and companies such as Google, OASA, SETE, Visa, Intrakat, Globo, Here, Goodys, IST Studies, IOBE, EKT etc. supported the crowdhackathons.
Each crowdhackathon has a leader partner that is experienced and has a great deal of knowledge on the hackaton theme. We define the strategic goals on which we will work and we shape the technical specifications of the problems we wish to solve, in collaboration with the leader partner and the sponsors that support every crowdhackathon. A public consultation is held to co-shape the specifications of the crowdhackathon.
Participation is free of charge for everyone.
The expenses of the crowdhackathons and the prizes awarded to the winners are provided by the sponsors, while the supporters undertake the dissemination of the action. Every time, remarkable cash prizes are awarded (about € 10,000 to the first 3 winners) and the sponsors provide the winners with advisory services to support business schemes, postgraduate scholarships etc.
Crowdhackathons are pleasant, we offer food and soft drinks, and at the end of the competition there is a party.
You can find more information at www.crowdhackathon.com .
Hubs of Innovation and Entrepreneurship
The Hub of Innovation is an initiative that promotes innovation and sustainable development. It consists of a place where actions as well as a comprehensive program of actions take place so as to support those involved.
The goal of the hub of innovation and entrepreneurship is to develop innovative business ideas and transform them into profitable outward-looking businesses. At the same time, it enables the development of the eco-system of youth entrepreneurship through various actions so that young people will be encouraged to acquire skills and develop ideas that can transform into new businesses.
Nowadays, technologies and economic systems are evolving, and opportunities are constantly being created for the development of new innovative businesses. Through teamwork young people keep up to date with new trends and develop ideas which are transformed into commercial models through dedicated actions.
The approach of Crowpolicy aims at:
- Creating an innovation ecosystem for young people through the creation of an active network of innovation and entrepreneurship, which results in the creation of appropriate conditions for the continuity and sustainability of the program.
- Promoting ideas, applications, teams and startups, which could result in the creation of innovative products and services that can be commercially exploited.
- Networking and interacting with the market and demand.
The hub brings together new businesses, young people with ideas and vision, businesses, experienced business executives, and networks the market with fresh and innovative ideas. This interaction benefits everyone. New ideas can be developed resulting in the creation of new products, businesses and jobs. Moreover, the executives acquire know-how in new technologies and methodologies, the exploitation and optimal management of modern technology trends such as Internet of Things, Open Data, API Economy are promoted, and businesses can take advantage of these products for their operation or the solutions they provide to their customers.
Some of the most successful projects of Crowdpolicy are Innovathens – the Hub of Innovation and Entrepreneurship of the City of Athens, ΕΠΙΝΟΩ – the Hub of Innovation of the National Technical University of Athens, as well as be finnovative – the business accelerator of the National Bank of Greece.
From Crowdhackathon Insurance in front of Innovathens
Business Accelerators aim to support groups (within an organization or not) so that they can develop their MVP and to prepare them so that they can transform into sustainable businesses.
Depending on the model, a business acceleration program can be addressed to students, professionals, business executives, and anyone wishing to develop their idea or methodology and transform it into a sustainable business model. The participating teams should develop their idea in the broader thematic area of the accelerator, such as fintech, tourism, rural economy, insurance, transport, energy, shipping and so on.
The program provides participants with specialized business and technology consultancy by experienced executives, bootcamps for developing special skills, improving ideas with the use of lean development methodologies, developing MVPs and prototypes, and collaborating with mentors, businesses and accelerators from abroad.
Usually, each cycle lasts six (6) months and 5 to 15 groups are allowed to participate per cycle. The main objectives of the accelerator are the following:
- the technical and operational support of the development of applications,
- the development of MVPs (Minimum Viable Products) and creation of end products,
- the strategic use of data and APIs,
- the creation of a community and eco-system,
- the exploitation of the results of competitions and innovation marathons,
- the maturing of business ventures so that they can ask for seed funding.
Accelerators can work within businesses so that they can support groups and synergies with the dynamic ecosystem of startups.
For more information, visit our blog.
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