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How it Works

Phase 1: Prove the need and describe your solution

Prove the pain points your target audience is experiencing (i.e. the passengers, the company’s employees or a new market the company could reach) and describe your solution

Before you begin building a solution, you should prove the pain points your target audience is experiencing. Build a solution if people really need it. Maybe those people are: the passengers who need to improve their experience, the company’s employees who need to improve their productivity or a new market the company isn’t currently serving but could easily reach.

During this phase, you are invited to apply to the program by filling in the application form. The program is open to teams (not individual participants) of up to 6 (six) members. When filling in the application form, you have to share information about your business idea/ solution as well as your team competences.

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Phase 2: Meet the experts and pivot your idea

Present how you envision the solution working, and get feedback by experts. Learn by their reactions and responses on how to pivot and adapt your idea.

This phase includes feedback sessions to determine how you address your solution in terms of technology challenges, value proposition, cost, competition, timeline etc. Describe how you envision the solution working, and get feedback by experts. Learn their reactions and responses to the recommended solution.  This input will give you with a valuable insight on how to pivot and adapt your idea and move forward.

During this phase, you will be invited to participate in a specialized “pivoting” workshop, where AIA’s executives will provide specific and custom feedback on each idea/solution. You will be encouraged and supported to make decisions and adjust/ change your value proposition, business model or the technology aspects of your idea. At the end of this phase, you will be asked to present your business idea (pitch deck).

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Phase 3: Validate your idea in a real environment

Get 3000 € to run your POC and demonstrate the feasibility of your solution and confirm the value proposition by exposing a realistic, functional implementation of a subset of functionality.

Your next step is to create a Proof of Concept (PoC)  in order to assess and demonstrate the feasibility of your solution and confirm the value proposition. Prove your idea by exposing a realistic, functional implementation of a subset of functionality.

During this phase, you will be invited to develop a PoC in 3-4 months. The PoC is reviewed by domain experts and evaluated against predefined criteria. The objective is to decide if the product in its current iteration resonates with users and stakeholders and thus, if further investment is to be made or not. If an investment is to be made, you will have to create a roadmap that outlines a recommended step-by-step process for building the product. With this roadmap as a guide, everyone will be kept on the same page through product development and will have a clear understanding of what the win-win goal is.

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Address

  • Kefallinias 46, 112 51
    Athens, Greece
  • 2108203827
  • acein@aueb.gr

The Digital Gate

Airport Innovation Challenge

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