4 HOUR CHALLENGE

Welcome to the 4-Hour Challenge, a one of a kind entrepreneurial competition which will test your entrepreneurial abilities and mindset. You will have only 4 hours to solve a real business problem and find the best solution for it. The brief is brought to you by a special guest about whom you can find out more below.

Join this event either by yourself or alongside a maximum of 4 of your 11th or 12th grader friends. All we ask from you is to bring your A-game, energy, and fresh perspective, while fully enjoying this online event!

* You can participate to this event only if you are an 11th or 12th grader.

Application deadline: 2nd of February

Register Now

Saturday, 5th of February, 10:00 - 17:30

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Why attend a 4 HOUR CHALLENGE?

The short answer is right in front of you:
Because it’s a challenge and entrepreneurs love challenges!

What will you experience during the event:

Solve a real business problem

Learn how to efficiently work in teams

Receive feedback for your solution from the brief-provider

Win prizes such as scholarships at EA- The Entrepreneurship Academy and other special prizes

Our Special Guest & Brief Provider

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Bogdan Drăcea

Nice guy with great hair. I may look smart, but I am mediocre. However I promise I have a lot to say about anything. And even if it’s not true at least I am funny. I am a little Ion Țiriac, because I run a small business and our beards look the same.

Participants Journey

Discover the brief

The Influencer will challenge all teams with a real business issue he faces within his business activity.

Working in teams

Participating teams are made of 4 to 5 members. Each team is either formed of participants who signed up for the competition individually (the organizers will form these teams randomly) or formed of participants who signed up for the event as a team. You and your team will have only 4 hours to do all the things below:

  • Understand the brief
  • Brainstorm ideas
  • Decide on the right solution/s
  • Make a plan for implementing the solution/s
  • Build an awesome presentation
Upload the presentation

Each team has to create and then submit a visual support for their solution/s: a 5-minute video presentation for the Jury to evaluate.

To pitch or not to pitch?

After the Jury will evaluate all the presentations, it will choose 5 teams that qualify for the pitching session. Only the 5 teams will pitch live but everyone else is invited to attend the presentations!

Pitch and impress

The qualified teams have a maximum of 5 minutes for the pitch and another 10 minutes for a Q&A session.

Winning
and learning

Only one team will win the competition, but all the teams will go through a valuable learning process. The members of the winning team will each, individually, choose from the 2 types of prizes that we offer.

Agenda

10:00-10:30

Welcome

10:30-11:10

Brief presentation

11:10-11:30

Teams Formation

11:30-15:30

Team working session

15:30-16:15

Evaluation of the presentations

16:15-17:15

Pitching

17:15-17:30

Announcing the winners & Closing the event

Prizes

There will be only one winning team.
Its members will have to choose between two prizes:

200 Euro

per member of the team

OR

5000 Euro

in scholarship at EA- The Entrepreneurship Academy

*Your scholarship will be split as detailed below:

3000 Euros – Year 1
2000 Euros – Year 2

AND

Meet THE Entrepreneur

The winning team will get to meet any Romanian entrepreneur, at their choice. Dream big!

AND

Meet THE Entrepreneur

The winning team will get to meet any Romanian entrepreneur, at their choice. Dream big!

Do you want to win some pocket money for your vacation?

Or do you want to invest the money in your education?

It’s up to you!

Are you ready to hustle?

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