Ultimo, NSW, Australia

NAB Hackathon Challenge

Event Information

NAB Hackathon Challenge

Fishburners, Ultimo, NSW

Event Description

Fishburners is incredibly proud to partner with NAB, Australia's largest business bank.

NAB is excited to be working with Fishburners to offer startups and entrepreneurs the opportunity to apply their innovative solutions to exciting challenges facing NAB and its customers.

If you are an individual who has an idea that can solve one of NAB challenge statements and would like to participate in the hackathon as a developer, designer or entrepreneurs please register here.

 

Challenge 1:

 What will the management of money look like in 2020?

Challenge 2:

Using the data, digital channels, platforms and partnerships which power NAB's existing financial services business what other adjacent opportunities could NAB support or enable?


Hackathon Criteria


Each Hackathon team's solution, app or prototype must apply to one of the challenges. All ideas will be judged according to the below criteria, against their chosen challenge:

1. The Problem and Solution

Has the team clearly outlined the problem they are trying to solve? How well have they presented their idea? Does the idea feel achievable, friendly and intuitive?

2. Value Proposition

Does the solution have the ability to make our customers' and/or employees' lives better? Does it save money, create opportunity, connect customers, partners and employees?

3. Scalability

Can the solution scale sustainably to service millions of customers? Can the idea spread into other parts of NAB's business?

 

Hackathon Prizes


Major Prize

This prize will be awarded to the team with the best solution for either challenge, as judged by our panel.

  • $10,000 cash prize, per team.

  • Opportunity to work with NAB to commercialise the idea.

  •  Mentorship and advice from the NAB Labs and nabAPI team if needed..

 

Minor Prize:

  • This prize will be awarded to the team with the second best solution for either challenge, as judged by our panel.

  • $5,000 cash prize, per team.

  • Opportunity to work with NAB to commercialise the idea.

  •  Mentorship and advice from the NAB Labs and nabAPI team if needed


 

Hackathon Agenda

 

Friday

6pm - Kick-off (Welcome, Idea pitching, Team Forming)

8pm - Food & drinks

10pm - Doors close

 

Saturday

9am - Doors Open

10pm - Doors close but participants can continue Hacking Through The Night.

 

Sunday

9am - Doors Open

3pm - Presentations To Be Sent in

3.30pm - Pitching Begins

5pm - Awards

Hackathon concludes

 

 

FAQs

 

What is a Hackathon ?

A three day intensive program where teams consisting of four to six participants develop exciting new ideas within a particular problem space.

Who can participate?

Anyone who is up for the challenge! We are looking for innovative thinkers with a disruptive mindset, who are keen to collaborate with new people on game changing ideas.

Is there a minimum age to attend?

You need to be 18 years of age or older to compete in this hackathon

Do I need any particular skills to participate?

No. Participants can come from a variety of skill sets/backgrounds. Individuals with coding, design, innovation and/or business skills are highly encouraged to participate.

Do I have to participate for the entire time?

Yes. All participants are required to be present for the entire duration of the Hackathon. We want people who are committed to both the idea and their team.

How are teams formed?

Teams are formed on the first night of the Hackathon. Once ideas have been pitched, teams are formed around common interests and complimenting skills.

How many people are in each team?

Four to six people per team.

Can I enter as an individual or do I need a team?

Entries are made on an individual basis. You will form your team with people you meet during the Hackathon.

Can I come with a prearranged team?

No. The idea is for participants to collaborate with new people on new ideas. Prearranged teams will be disqualified.

Is there any support throughout the Hackathon?

Yes. Mentors with entrepreneurship and innovation background will be available throughout the Hackathon to push and challenge the teams and their ideas. NAB mentors will be available to assist team on bank related matters - NAB API integration etc.

What happens to the ideas at the end of the day and who owns them?

At the end of the Hackathon, all parties retain ownership over everything they have developed.

However, note that ideas as of their own are not protected. Anyone who has been exposed to an idea during the competition may seek to pursue it further.

How much does it cost?

Its free.

Do I need to come with an idea?

While we encourage participants to come with an idea, it is not compulsory. Participants can come along, listen to other ideas and then join a team who are pursuing an idea that they find interesting.
 

Where is it being held?

Fishburners office space - 608 Harris Street Ultimo, Sydney. The largest startup co-working space in Australia.

Will food be provided?

Breakfast, Lunch and Dinner will be provided throughout the Hackathon.

What do I need to bring?

  • A disruptive thinking cap

  • A hacker-hustler mentality ready to innovate and challenge the status quo

  • Computers, ipads and iphones would be useful.


Still have a question?

Shoot us an email at nabstartuphackathon@fishburners.org


To take part, you must agree to the terms below highlighting your ownership of IP at the hackathon. 

1. Each party/entrant (or its licensors) will retain ownership of all copyright, moral rights, and rights in relation to inventions, solutions (including patents) (“Intellectual Property Rights”) subsisting in any material it provides, creates or makes available to the other party under or in connection with the competition (“Materials”).

2. Entrants grant to NAB and each related body corporate (as this term is defined in the Corporations Act 2001) of NAB (“NAB Group”) a non-exclusive, royalty free licence to use, reproduce, publish, modify, adapt and communicate to the public the Intellectual Property Rights in the Materials solely for NAB’s promotional purposes (which shall include, without limitation, posting or linking the Materials on the NAB website, and displaying and promoting the Material in other media).

3. Each entry must be the Entrants’ original work. Entrants warrant that their entry is not, and its use by NAB or the NAB Group will not be, in breach of any person’s Intellectual Property Rights or any other rights. Entrants agree to indemnify NAB and the NAB Group against any loss or damage suffered or incurred by NAB or the NAB Group as a result of the Entrants breach of this clause. The benefit of clauses 9-11 are held by NAB on its own behalf and on trust for the NAB Group.

4. NAB and the NAB Group has not agreed and does not agree to treat as confidential any suggestion or idea provided by Entrants (any “Feedback”), and nothing in these Conditions of Entry or in the parties’ dealings arising out of or related to the competition will restrict NAB or the NAB Groups’ right to use, profit from, disclose, publish, or otherwise exploit any Feedback. Without limiting the generality of the foregoing, Entrants agree that its provision of Feedback does not give it any Intellectual Property Right or any other right, title, or interest in or to software, inventions, or other assets created by NAB or the NAB Group, even if such Feedback leads NAB or the NAB Group to create the software, invention, or other asset.


When
Where
Fishburners - 608 Harris street, Ultimo, NSW 2007, Australia - View Map