University days just fly by, while some students take the time to discover themselves and their new found freedom, others let this precious time waste away. Now, what if you had a chance to do something meaningful that will make your dreams become a reality and change lives?
Red Bull Basement offers a unique opportunity to university students all over the world and all you need is an idea. Red Bull Basement empowers university students with innovative ideas to make positive change.
The purpose of Red Bull Basement is to help students “innovate at university today and disrupt the world tomorrow”. The slogan may sound intimidating but the program provides a platform for students to share their ideas with the world, as well as hone skills that enable them to create new ideas to better humanity.
Here are some of the takeaways from the 2021 Redbull Basement judging event.
Phases
Students are walked through the different phases of forming their potential innovative game-changer. Mentors walk them through ideation, pitching and creation.
Ideation is the initial idea. Every company starts small, and the idea or desire is the first point. Once the idea is formed, students will learn how to pitch in order to get funding to develop a good product. Creation in the final point at which students will bring their idea to fruition with the help of Red Bull Basement resources like office space, access to mentors and use of gadgets and devices they need.
Mentorship
Students will have access to mentors who have built successful businesses nationally and internationally. These mentors will share valuable knowledge that will enable students to grow confident in their ideas and gain the tools that will help them build great companies. Students will learn to believe in themselves and get real-world experience.
Become an innovator
Think about where there’s opportunity for change, find a partner and present your idea. There’s a misconception that Red Bull Basement is about innovation in technology but here are the potential categories; empowerment, education, body and mind, clean water, energy, career, accessibility, smart city, and climate action.
Exchange of ideas
Nothing beats a conversation with someone who helps you expand your thinking. Red Bull Basement offers a platform to interact with like minded individuals and share ideas on how to make the world a better place.
Choosing Criteria
Among the frequently asked questions about Red Bull Basement is the choosing criteria. Your innovative idea is judged based on it’s creativity, its potential impact to the community and feasibility of the idea moving forward.
READ: Redbull Basement Is Back! Here Is How To Submit Your Application
The Red Bull Basement 2021 chapter is underway and is in the development stage after the global team selected country winners. The 2021 Global final will be held in Istanbul, Turkey in December.