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How can small businesses change/adapt their business models to the new normal?
$800
top 50%
149
submissions
DONE
43 months
The pandemic has had a large impact on small businesses and their owners. Many have shut down, some have pivoted and others are struggling to survive. We want to hear your thoughts and ideas on how small businesses can survive and innovate.
Deliverables
Please answer the following questions:
1a) Pick one industry (retail, manufacturing, fitness, restaurants, etc.) and tell us how they can innovate and adapt to the new normal.
1b) What unique business model can this industry adopt?
2) How can technology help small businesses grow? Extra credit for a new and innovative product/service idea!
3) How can large corporations help small businesses in their industry? E.g. mentorship and incubation programs.
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Submissions will be graded on the following criteria:
- 1-10 Scale
Reward Tiers
Top 10%
will share $500
Next 15%
will share $200
Next 25%
will share $100
Actual individual rewards will be based on the total number of eligible solutions.
Leaderboard
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Matthew Gaiser Queen's University | |
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Meera Stephen | |
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Stephanie Wu University of British Columbia | |
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Thang Nguyen University of Vermont | |
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TJ Fritts University of Tennessee | |
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Sang Nguyen McGill University | |
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ERIKA FERNANDES Mumbai | |
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Tejasvi Parupudi Purdue University | |
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Rasheed Oladapo | |
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Jessie Jahns | |
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Deuvshree Sharma University of Delhi | |
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Jay Modi IIT Roorkee | |
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Sesha Surya Vara Prasad Reddy Karri Indian Institute of Technology - Kharagpur | |
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Prathamesh Mayekar Symbiosis International University | |
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Maria Tatika | |
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Cole P Gap year | |
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Rosynes Falcon | |
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F Saleh IIT | |
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Yale Wang University of Waterloo | |
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Andy Omondi | |
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Joey Walters Florida State University | |
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Harikrishna E JDT Islam Polytechnic college | |
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Gabriel Ribeiro Yale University | |
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Bryan Mussard | |
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prince singh | |
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Prithvi Raj Bhupathi RMIT University | |
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Shahid Nazir PTU | |
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Dr. Janelle Christine Simmons Liberty University | |
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Philip Amah | |
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Elise Sokolow New York University | |
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Liliannn Yánez | |
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Priyansh Jain KTH Royal Institute of Technology | |
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serena Chima | |
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Taponitya Samantaray University of Hyderabad | |
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Olivia Wendell Honolulu community college | |
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Samantha McPhillips Edinburgh Napier University | |
| $2.70 |
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Vinay Kumar HR Indian Institute of Management - Indore | |
| $2.70 |
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K R Georgia Institute of Technology | |
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Parry G GIT | |
| $2.70 |
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Phillips Staninski University of Chicago | |
| $2.70 |
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Srishti Gupta Indian Institute of Management - Indore | |
| $2.70 |
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Sonia George Mahatma Gandhi University Kottayam Kerala India | |
| $2.70 |
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Nivedya Ramesh Arizona State University | |
| $2.70 |
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Lewis Kim University of California, Berkeley | |
| $2.70 |
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Abhishek Mishra Abdul Kalam Technical University, Lucknow | |
| $2.70 |
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Maneesh Srivastava GAUTAM BUDDH TECHNICAL UNIVERSITY | |
| $2.70 |
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Raj Shukla | |
| $2.70 |
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Arupama Barik G.M UNIVERSITY | |
| $2.70 |
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Gerald Okafor University of Manchester | |
| $2.70 |
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Audrey Nguyen University of California, Irvine | |
| $2.70 |
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Emilia B Humboldt State University | |
| $2.70 |
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B Khan | |
| $2.70 |
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Suhas Desai Goa | |
| $2.70 |
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Jason Calalo | |
| $2.70 |
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Kate Rushton Nottingham | |
| $2.70 |
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Confidence Aforole University of Southern California | |
| $2.70 |
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ashish jain University of Pune | |
| $2.70 |
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Edilson Gomes de Lima Ibero American | |
| $2.70 |
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K W | |
| $2.70 |
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Blessin Bernard | |
| $2.70 |
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Gene Yang University of California, Santa Cruz | |
| $2.70 |
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Shreyansh Sarkar Saint Xavier's College | |
| $2.70 |
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Nishant Jadhav | |
| $2.70 |
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Poorvi Sahni Birla Institute of Technology | |
| $2.70 |
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Vy Hoang Ryerson University | |
| $2.70 |
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Diksha Kumari |
Submission questions