WHAT THE PROGRAM IS
The aim of Alter State Women Innovation Program is to focus on one challenge at a time taking multiple teams through the process of idea development, prototype building & testing, business model development, and sales pitch with intensive methodology training and mentoring throughout.
MASTERCLASSES | OPEN EDUCATION EVENTS TO LEARN AND CONNECT
Alter state aims to educate and encourage women to step into STEAM fields, where they could be of significant power in creating future society and business. This year, the Alter State Women Innovation Program is divided into three masterclasses and one Innovation Sprint to achieve the highest quality educational results. Three masterclasses will help participants reach a successful idea development process and sharpen needed skills such as problem-solving, users interview, and creative methods. During all of the sessions, participants will work under experienced mentors' guidance to achieve the highest possible results.
OPENING EVENT | Team members and mentors get together event
Team members and mentors "GET TOGETHER" event. Since the teams will be formed by women who don’t know each other there will be the opportunity to introduce yourselves to each other, find out motivation, competences and agree on some team rules regarding how to work during the program. As well as your idea owner will have the opportunity to present the idea and you will all meet your team mentor.
SPRINT | define & ideate
Business idea development and idea generation.
During this sprint, a team will identify the challenges of their customers and will choose the one they want to solve in their project. Later they will generate different ideas on how to do it. The sprint part 1 outcome will be a customer challenge and the solution to it
In between - mentorship time. In between the sprint and the final event, teams will work with their mentors and will further validate their challenge gaining deeper empathy with their customers and developing their idea prototype. The result will be the first version of the prototype.
Prototype building & testing, business model development, and sales pitch preparation.
During the sprint, a team will also work on their business model and sales pitch presentation. At the end of this sprint part 2, they will prepare the final sales presentation of their idea. The sprint outcome will be an updated prototype and sales pitch presentation.
After the sprint - community and networking time. After the sprint, we will encourage state members to develop further cooperation and idea-sharing by building a community. We will also encourage teams to work on their projects by providing further mentorship.
FINAL | The shortlist of 10 teams will make their live sales pitch presentations
After Sprint 2, we will have a shortlist of 10 teams who will get the highest scores and will go to the FINAL. During the Final these teams will present their solutions to the venture capitalist and stakeholders jury.
WHAT YOU GET
A bespoke programme for innovation training with unique methodology.
Connections with industry professionals and mentors dedicated to startup development.
Exclusive access to our alumni and mentors network.
Ongoing business idea or startup development support