Confluence Ideathon 2021 announces up to INR 10 crore as incubation fund andmany prizes for winning entries Feb 28th last date for submission of Ideas

New Delhi | 12th February 2021: Confluence Ideathon 2021, an initiative by Serendipity Arts Foundation launched in January to develop the most creative and impactful ideas for an accessible, inclusive and sustainable Culture Center in Delhi NCR has now become financially even more rewarding.

A cumulative incubation fund of Rs. 10 crores ($1.3m) will support some of the shortlisted ideas, and a few could potentially become part of the upcoming cultural centre project. Confluence Ideathon 2021 will also offer prize money separately; the top three winners in each of the five domains will get rewarded with a cash prize of Rs.1 lakh for the 1st position, Rs. 50,000 for 2nd position and Rs. 20,000 for the 3rd position.

To make it to the Confluence Ideathon 2021 shortlist, applicants are expected to submit a 500-word proposal that imaginatively and efficiently addresses the challenges of building a large, multi-purpose, urban cultural centre. The submission window has been extended to February 28, 2021.

Confluence Ideathon 2021
Explaining the logic behind the project Mr. Sunil Kant Munjal, Founder Patron of Serendipity Arts Foundation said “Confluence Ideathon seeks to create new ways of imagining cultural spaces; we hope ideas from across the world will help improve our understanding of what a cultural centre should be and can become. We aim to make this the most accessible, experimental, open, effective, environmentally friendly, and energy efficient arts space in the NCR, and one that is Indian at heart and global in scope. We are also setting up an incubation fund that will allow the creators of some of the best ideas to become a part of the implementation process.”

Problem statements have been identified and divided into 5 categories including ART x Technology, ART x Environment, ART x Social Behaviour, ART x Design for the Future and ART

x Business Models. After the responses to the problem statements are reviewed, shortlisted groups would be invited to pitch their ideas, and judged on the basis of criteria such as:

● How would the idea support the cultural centre, while ensuring relevance and adding value?

● How would the idea help the cultural centre create jobs, or develop new funding methods or revenue streams?

● Does the team possess the skills and capacity to develop the idea, and would the cultural centre be able to adopt?

● Is the idea innovative or original?

Applicants are being encouraged across a range of vocations, including architects and designers to sustainability consultants, engineers and businessmen and women to students, with an emphasis on ‘out-of-the-box thinking’. Following the initial 500-word proposal, ideas would be reviewed over three stages. Successful candidates would be mentored before getting the opportunity to pitch directly to a judging panel from the 30th of March – 5th of April.

Confluence Ideathon 2021 is supported by Hero Enterprise and powered by the Indian Angel Network & TiE Delhi – NCR. Academic Institutions from across the world like The Royal College of Arts, London, Birmingham City University, IIM Ahmedabad, IIT Roorkee, IIM Vishakhapatnam, IIM Bodh Gaya, IIM Amritsar, IIIT- Bangalore, Ashoka University, BML Munjal University, NIFT Kannur and many more have already joined the initiative as partners, along with professional bodies like CII-IGBC, Wadhwani Foundation, NASSCOM, SINE IIT Bombay, to name a few.

The patrons, mentors and jury members are made up of leading global thinkers including Kiran Mazumdar-Shaw (Chairperson, Biocon), Rajan Anandan (Managing Director, Sequoia Capital and Surge), Arvind Singhal (Chairman Technopak Advisors); Saurab Srivastava (former Chairperson NASSCOM), Navyug Mohnot (CEO, QAI; Vinita Bali, Former MD Britannia Industries Pvt Ltd, Ratish Nanda (architect and Projects Director of Aga Khan Trust for Culture) and Pramath Sinha (Founding Dean of Indian School of Business); Prof Alison Honor, Pro Vice Chancellor and Executive Dean Arts Design and Media, Birmingham City University, Abhimanyu Dalal (architect); and Mr. Sunil Kant Munjal (Chairman, Hero Enterprise) to name a few.

All information related to Confluence Ideathon can be seen at www.confluenceideathon.com

NOTES TO EDITORS

Key dates:

Phase I Begins

28 February: Application submissions close

3 March: Announcement – semi-finalist selection

Phase II Begins

5 – 10 March: Meet your mentor

11 March: Submissions for Phase II begins

13 March: Art x Environment and Sustainability panel

15 March: Art x Social Behaviour panel

16 March: Art x Design and Creativity panel

17 March: Art x Technology and Accessibility panel

18 March: Art x Business Models for the Arts panel

Phase III Begins

25 March: Finalists announced

26 March: Meet and greet with the finalists

27 March: Talks on innovation and creativity. Keynote speakers include: Sunil Kant Munjal, Rajan Anandan, Kiran Mazumdar Shaw & Vinita Bali

30 March: Jury I – Technology

31 March: Jury II – Social Behaviour

1 April: Jury III – Business Models

3 April: Jury IV – Environmental and Sustainability

5 April: Jury V – Design and Architecture

9 April: Grand event with announcement

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New Delhi: February 12, 2021: The Confluence Ideathon 2021, an initiative of the Serendipity Arts Foundation launched in January to generate the most creative and powerful ideas for an accessible, inclusive and sustainable cultural center in Delhi’s NCR, has become even more rewarding.

An incubation fund of Rs. 10 crores ($1.3 million) will support some of the selected ideas, some of which may eventually become part of a future cultural center project. Confluence Ideathon 2021 also offers separate cash prizes; three winners in each of the five fields will receive a cash prize of Rs 1 lakh for first place, Rs 50,000 for second place and Rs 20,000 for third place.

To be shortlisted for Ideal Conflict 2021, applicants must submit a 500-word proposal that creatively and effectively addresses the challenges of building a large, multi-purpose urban cultural center. The deadline for applications has been extended to February 28, 2021.

Ideaphone 2021 Conflict

Mr. Sunil Kant Munjal, founder and patron of the Serendipity Arts Foundation, explained the logic behind the project: “The Confluence Ideathon is intended to create new ways of imagining cultural spaces; we hope that ideas from around the world will help us better understand what a cultural center should be and can become. “Our goal is to make it the most accessible, experimental, open, efficient, environmentally friendly and energy-efficient art space in the National Capital Region that is also Indian and world-oriented. We are also in the process of establishing an incubation fund that will allow the creators of some of the best ideas to participate in the implementation process.

The problems were identified and divided into 5 categories, including ART x Technology, ART x Environment, ART x Social Behavior, ART x Shaping the Future, and ART

Commercial Models. After the answers to the problem statements have been sorted out, the pre-selected groups are invited to share their ideas, which are evaluated using criteria such as

How can this idea support a cultural center while providing relevance and added value?

How will this idea help the cultural center create jobs or develop new funding methods or new revenue sources?

Does the team have the skills and capacity to develop the idea and will the cultural center be able to accommodate it?

Is the idea innovative or original?

Candidates from all disciplines are encouraged, from architects and designers to sustainability consultants, engineers and business people, and women to students, with an emphasis on “thinking outside the box.” After an initial 500-word proposal, ideas will be considered in three phases. Between March 30 and April 5, successful applicants will receive a mentor before having the opportunity to speak directly to a panel of judges.

Confluence Ideathon 2021 is supported by Hero Enterprise and sponsored by the Indian Angel Network and TiE Delhi – NCR. Academic institutions from around the world such as the Royal College of Art in London, Birmingham City University, IIM Ahmedabad, IIM Roorkee, IIM Vishakhapatnam, IIM Bodh Gaya, IIM Amritsar, IIM Bangalore, Ashok University, The BML Munjal University, NIFT Kannur and many others have already joined the initiative as partners, in addition to professional organizations such as CII-IGBC, the Wadhwani Foundation, NASSCOM, SINE IIT Bombay, to name a few.

The sponsors, mentors and judges include leading thinkers from around the world such as Kiran Mazumdar-Shaw (president of Biocon), Rajan Anandan (managing director of Sequoia Capital & Surj), Arvind Singhal (president of Technopak Advisors), Saurabh Srivastava (former president of NASSCOM), Naveug Mohnot (CEO of QAI); Vinita Bali, former chief executive officer of Britannia Industries Pvt Ltd, Ratish Nanda (architect and director of cultural projects at the Aga Khan Foundation) and Pramath Sinha (founding dean of the Indian School of Business); Professor Alison Honore, vice chancellor and executive dean for art, design and media at Birmingham City University, Abhimanyu Dalal (architect); and Mr. Pramath Sinha (president of the Indian School of Business). Sunil Kant Munjal (Chairman of Hero Enterprise), among others.

All information about the Conflict Ideaphone is available at www.confluenceideathon.com.

NOTES FOR EDITORS

Important dates :

Beginning of Phase I

February 28: Deadline for submission of applications

March 3: Announcement – Selection of semifinalists

Beginning of Phase II

March 5-10: Get to know your mentor

March 11: Nominations for Phase II begin

March 13: Artistic panel x Environment and sustainable development

March 15: Panel on Art x Social Behavior

March 16: Panel on “Art x Design and Creativity.