Space-O Sponsors $10,000 to The Young Entrepreneurs of Gujarat

CEO of Space-O, Rakesh Patel was invited to mentor participants of Startup 20/20, a contest organized by Devang Mehta Foundation and MS University at Baroda, Gujarat.

Rakesh mentored over 8 teams and worked with them to solve there problems about their idea or business plans and motivated them to think differently and see a bigger picture of the game, later in afternoon he worked with the teams to review their Mock presentations and suggested necessary improvements.

In the words of Rakesh:

“I saw an amazing spark in the young generation. They exhibited capabilities to think out of the box and had remarkable energy. They did not just think differently, they wanted to do the things differently and solve real world problems. This reminded me of the days of my studies. All that was required was a push, to work with the next generation to make their ideas come true.
“Even Eagles need a push,” says David McNally. (Watch this video if you don’t know what that means). I believe in that and wanted to assume responsibility to ensure that they’re successful as chief executive of Space-O, whose mission is to make a difference in all what they do.
At first, I was thinking about sponsoring one team, but I found it so difficult to decide which team to choose as both the teams were so good that I convinced myself to sponsor both the teams.
I felt so happy to see that one of the team that I mentored won first price”
On behalf of Space-O, I’d like to thank Prof. Yash Saxena of GTU for inviting us to Startup 20/20 event and be a part of it.

We also want to thank Ibad Khatib, CEO of Dewang Mehta Foundation Trust and all members of MSU for organizing and making this event a success.

The team that won the first price came up with an idea called “Park : On the Go” to solve parking problems in the cities.

About the Projects that Space-O will sponsor:

1 – Park: On the Go

Parking problems are faced by all of us and everyone would want to contribute to solve that problem if given a platform.

On-the-Go will employ crowd-sourcing model (like Wikipedia) to gather the data and build a database of parking and no parking zones.

For the end users, access to this data will be made available free through various mobile and web apps.

Name of the winning team members are Juie Talavia, Bhargav Mehta , Hardik Bagdi, Himanshu Chetwani, Smit shah, Hardik Patel and Rishabh Shah.

2 – Radius:

The idea called “Radius” did not win the price but Space-O will still sponsor this project as it looks more promising to us as this team is after building a platform that will do all the data mining and analysis about an individual for building there credibility.

The problem this project will solve is enable individuals mostly employees to build there Credibility Score. For example, if an employee has got a recommendation from a client or she has been rewarded for outstanding work, her credibility score would increase and if and employee messes up with some legal issues or violates a confidentiality agreements it will indicate negatives on his score.

The score will be available as a “Badge” that you can put on your resume or profiles that communicates various characteristics about him.

In today’s world where people are changing jobs faster than ever, employees with high credibility score are going to be preferred by the companies.

Name of the team members are: Naeem G Shaikh, Ronak Gohil, Dhrumil Pathak, Amit Anand, Ankit Agrawal.

On a broader scale this sponsorship means:

The team will have access to infrastructure of Space-O India and Space-O Russia.
They can work with Senior Project Managers, Technical Project Managers, Business Analysts, Delivery Heads and Technical Architects to convert this idea / prototype project into a live working model.
During pre and post development, these students will get access to different Project Management & planning tools, have access to different hardware & server devices like iPhones, iPod’s, Android devices that they will need to test and build these systems which otherwise would be difficult for them to purchase on there own.
Later, Space-O will also help them to introduce these projects to investors and Venture Capitalists if they need funding and make these projects into enterprise solutions.