We're so excited that we're already getting entries for the SeedCon fast-pitch competition! This week's ideas include a virtual closet (iTunes for clothes!), an online marketplace for electronic components, and a web platform to help connect recruiters and talent around highly specialized job needs.
Time to step it up folks! Competition is going to be fierce!
Klosetshop
Klosetshop is a virtual closet concept that organizes all the clothes you own in an easy to use, visually appealing, super sleek online database. We call it “iTunes” for your clothes.
Getting dressed is a huge source of stress for some people due to closet organization, style dilemmas, and size issues, and pulling together a complete look is a huge waste of time every morning. The free mobile app makes the uploading process super easy so you can create outfits, pack a virtual suitcase, assign outfits to the calendar, sell items you don’t need, get style help, and of course, shop!
Klosetshop is already accepting email registrations, so get hung up at http://www.klosetshop.com/!
Transvision
Electronic Components (ECs) is a $300 billion international business. So why not establish an electronic trading market, i.e. initiate the world's first ever Electronic Components Commodities Exchange?
Why the idea is feasible? 1) ECs are highly standardized products. Many ECs like memory/transistors/logic have pin-to-pin substitutes from different EC manufacturers. 2) ECs are traded in large volume every day. 3) HK would be an ideal place for such exchange since most ECs landed there first. 4) Similar OTC markets for memory already existed.
Benefits: EC users (OEMs or CEMs) can dramatically reduce procurement cost and increase production flexibility. World's productivity will increase.Just think about 163 years ago, when there is no computer or fancy technology, even the wheat or live stock could be lauched to trade in the Chicago commodities exchange. So why not our EC Commodities Exchange today?
By Qiang Zhao
myTalentLoops
myTalentLoops is developing a web-based platform that people use to introduce/promote very specific abilities or opportunities using e-profiles, a private collaboration communication wall, compatibility-matching technology, as well as facilitation to execute best-fit placements. User functionality and views are role- and permission-based per post. User roles are Talent Candidate, Talent Seeker, Facilitator, Evaluator and Guest (influential others). In addition, Facilitators are provided with relationship and task management features that enable them to help more Candidates and Seekers make better decisions quicker.
About the SeedCon Fast-Pitch Competition
On November 17th and 18th, SeedCon will host its first ever entrepreneurship fast-pitch competition, organized in partnership with Built in Chicago. It is open to anyone – just bring your team and your best ideas.
Applications due by October 27. Learn more and enter here!
Chicago Booth faculty and EVC co-chairs will select the top 8 applicants to participate in a judged competition onstage on Thursday night, between addresses by Matt Moog, CEO of Viewpoints, and Steve Kaplan, Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance. Winners will receive over $50,000 $60,000 in startup-friendly services to kick-start their business.
For more information, visit www.seedcon.com or follow @seedcon on Twitter for updates!
