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Real World AI

Hackathon

for

Oct - 22 Nov
2024

Registration Deadline : 15 October

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Creating AI Products that Deliver Lasting Value and Ongoing Engagement

An immersive and exhilarating AI hackathon. Followed by Demo Day.

7 Oct

Start of Hackathon

22 Nov

Submission of  Code & Documents

6 Dec

First Round Result Announcment

13 Dec

Demo Day

40 Days: 20 Hours: 37 Minutes: 16 Seconds

Hackathon Ends in 

Win Exciting Prizes

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₹85K Prize Money

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₹50K

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₹25K

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₹10K

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Application Acceleration for ACE Program

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Mentorship by Industry Experts

Sneak peek at the problem statements

Participants must choose any one of the following challenges:

Challenge 1:

Develop an application that converts stories (700-1500 words) into captivating videos that enhance children's engagement and learning.


Key Features & Use Cases:

  • Voice-over narration: Choose between AI-generated or user-uploaded voices.

  • Background music: Set the right tone for each story.

  • Captions: Sync story text with narration to encourage reading.

  • Animation & images: Visualise key moments through animations and relevant graphics.


The final output can be one or more videos, or an editable version for further customization.

Challenge 2:

AI-powered teaching assistant aimed at supporting teachers and parents in educating children aged 4 to 11. Develop an application that automates routine tasks, generates educational content, and offers interactive learning tools, allowing tutors and parents to focus on personalised learning.


Key features & Use Cases: 

  • Assignment Creation: Analyse images of assignments to generate new, similar-level tasks, ensuring variety and reinforcing concepts.

  • Answer Removal for Reuse: Erase answers from completed assignments to make materials ready for reuse, providing fresh practice opportunities.

  • Links to Educational Videos: Suggest relevant videos to help explain complex concepts in subjects like science and maths.

  • Interactive Games and Quizzes: Create engaging quizzes and games from traditional worksheets, turning static exercises into dynamic activities.


Think of additional use cases for automating tasks or generating exercises that could benefit kids. The app may include textual, audio, or video features.

Download the complete documentation for both the challenges

Eligibility & Process

Who can apply

  • Teams consisting of 1 to 4 members.

  • Early-stage AI entrepreneurs.

  • Aspiring entrepreneur in the field of AI.

  • Students who want to build their startup.​​​​

Submission & Evaluation

  • Submit the code and documents​​​​ by 22 November.

  • First list of result announcement on 6 December.

  • Demo Day on 13 December.

Criteria of Judgement

1. User Experience

The interface must be intuitive and user-friendly for all users, ensuring easy navigation and accessibility.

2. Correctness

Content should be accurate and relevant, with tasks aligned to the appropriate difficulty level.

3. Seamlessness

The overall experience should feel cohesive, with smoothly integrated elements that enhance engagement.

4. Creativity and Innovation

Applications should introduce creative solutions that enrich the experience and explore novel use cases.

5. Diversity and Scalability

Content must reflect cultural diversity and be adaptable across various subjects and age groups.

Esteemed Jury of AI leaders at Silicon Valley, MIT, IITs and ISB

  • What are the criteria for selection?
    Smart & determined final year students or fresh graduates (0-2 years of experience) Passionate about solving big problems & building products. Strong demonstrable entrepreneurial qualities. Living or willing to move to Delhi-NCR for their startup journey.
  • I am a first/second year student. Can I apply?
    This is an on-site program, so you have to attend the program in person. If your college allows you to do that- then you can.
  • I'm not a student. I passed out recently or dropped out of college. Can I still apply for it?
    Yes
  • I'm currently not staying in Delhi. Can I still apply?
    Yes. Our program is an on-site program, so you need to be in Delhi-NCR for the program. Also, all entrepreneurs in ACE need to build and locate the headquarters of their company in NCR.
  • I don't currently have a running business but just an idea. Can I apply?
    Yes
  • Do I need to register as an organization before applying?
    No
  • Can I apply twice - with two different ideas?
    No. We will only accept one application from one individual. We are investing in people, not idea at this stage.
  • What about my intellectual property? How do I make sure that my idea will not be stolen?
    Ideas are cheap and free. Any IP you create remains exclusively your possession.
  • How do I use the 6L rupees?
    You will be provided a 1L per month fellowship amount. We strongly recommend that 60-70% of this amount is used as investment in your idea/company, while the rest is used as personal stipend. In case, your idea makes fast progress, you could get advance payment of full or part of your fellowship amount, on approval of the investment committee.
  • What other benefits will I get apart from the fellowship amount?
    All selected founders will be provided with mentorship from various domain experts, office space, legal and accounting support, tech and digital marketing support, co hort based learning opportunity and much more.
  • We are a team of 3 students. Will all of us get the fellowship amount or is it for a team?
    Fellowship amount for a team/individuals will remain same, a total of 6L that is 1L per month. We ideally encourage teams of two people. The whole team can join the fellowship program.
  • How do I fund my startup beyond 6L?
    ACE has a larger corpus of money to invest in ideas based on their progress. ACE will invest money during the program at 0.33% for every 1L. We may invest up to 15L more at this valuation. ACE and its network may invest further, based on market valuations.
  • Will selected founders be provided with accommodation facility during the program?
    ACE program will offer only office facility and not accommodation facility.
  • Do I get help with registering company, shareholder agreement writing, term sheets or other legal/company help?
    Yes, we will have empaneled experts for these at highly discounted prices.
  • When will the program start?
    June - 2023
  • Can I participate in ACE program and simultaneously work in my full time job?
    No, our program is an on-site program, so you need to be in Delhi-NCR for the program. Also, all entrepreneurs in ACE need to build and locate the headquarters of their company in NCR.
  • Do I have to be at the ACE office location for the entire period of 6 months?
    Yes. Plus the office space will be available up to 5 members (inc you) during the period of fellowship and three months after that.
  • What is a typical day like for the ACErs during the 6 month period?
    You will be having detailed mentoring sessions every few days in the week and you will get to apply those concepts learnt into your startups.
  • Can I get assistance from another accelerator while I'm a part of the ACE program?
    Since, ACE is a full-time onsite program, getting into another parallel program is not feasible.
  • Can I look for a co-founder while I'm in the program? Will he/she also get the same fellowship?
    Yes, you can look for a co-founder within the cohort or outside. The person can work in ACE office, once s/he is a part of the team. The fellowship amount is only for you.
  • What if my startup idea is going nowhere?
    In such case, one option is that the duration of the program be elongated by 3 months. The total fellowship amount will remain 6L and not be increased. The other option is the candidates decides to quit the program. One of the two options will be decided mutually between ACE and entrepreneur.
  • What if I quit in between because of external reasons?
    ACE considers quitting the program in between for financial upside/job as breach of trust and unexpected situation. If the fellow quits in between the program due to external reasons, say, such as taking a job, the candidate must return 70% of the fellowship amount provided to him/her.
  • What happens at the end of the program?
    At the end, we introduce you to external investors and you raise a round and set off to your journey.
  • Will we be connected to some angel investors at the end of the program?
    Yes
  • Will the incubates be offered guidance even after the program?
    Yes, there will be monthly cohort interactions for the next one year and then quarterly. We will create WhatsApp groups for quick conversations within the cohort.
  • What if I do a startup after the end of the program or after quitting it?
    You are free to do a startup without involvement of ACE after completing the program or quitting it. However, if the idea is the one actively discussed/developed at ACE program, by you or another cohort member, it is a joint IP with ACE. We will claim up to 10% of your company for using the IP co-developed by us.
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