INNOVATION HANGAR 2024 COMPETITION GENERAL INFORMATION

Got a revolutionary idea that will change the future of aviation, aerospace, and engineering? We want to hear from YOU!
Join Innovation Hangar 2024, the aviation competition not to be missed!

Eligibility:

  • Student-led teams comprising of 3 – 5 members.
  • Teams members should be between 15-21 years old (as of 31 December 2023)
  • Students must be currently studying at the time of registration
  • Students who are interested in Aviation, Aerospace or Engineering

Important Dates:

  • Application Opens: 5 June 2023
  • Briefing Session: 8 July 2023
  • Lecture Series 1 : 29 July 2023 
  • Lecture Series 2: 2 September 2023
  • Application Close: 23 October 2023
  • Semi-finalists Announced: 6 November 2023
  • Mentorship Sessions: 6 November - 20 November 2023
  • Semi-finalists Submissions Due: 27 November 2023
  • Finalists Announced: 11 December 2023
  • Final Presentation and Winner Announced: 13 January 2024

 

General Guidelines:

Ideas should be related to transforming the future of aviation in Space, Sustainability and Urban Air Mobility. Here are six areas that can be considered:

SPACE

Space Tourism:

Your challenge is to provide a solution to travel from Planet Earth to Mars and back. Focus on keeping the passengers alive and healthy during the voyage. The prototype must identify the challenges and risks involved in human space flight.

Space Debris:

The increasing amount of debris orbiting Earth could potentially limit or access to space, impacting not only exploration efforts but routine aspects of life on Earth. Your challenge is to develop an idea that would help clean up space trash just like we clean up our oceans and beaches.

 

SUSTAINABILITY

Sustainable Aviation Fuel (SAF):

Airlines are considering adopting SAF as an alternative to fossil jet fuels. (SAF) is a next-generation aviation fuel, made from 100% renewable waste and residue raw materials, like used cooking oil. Your challenge is to find a low-cost viable alternative to fossil jet fuels, which can be adopted in the industry as part of the SAF movement.

Addressing Carbon Emissions in Aviation and Aerospace Industry:

Aggressive action is needed to address the rising carbon footprint contributed by the Aviation and Aerospace industry. The sector to take advantage of innovation and technology to reduce and offset carbon emissions. Your challenge is to propose how the industry can reduce, offset or mitigate carbon emissions by adopting an innovative and sustainable solution. You may choose one area related to the industry such as (Airport Operations / Airlines Operations / Freight Logistics / Maintenance, Repair and Overhaul (MRO).

 

URBAN AIR MOBILITY

UAM Transportation Policy:

UAM has been touted as the future form of public commuting in an urban setting. This is one way for urban planners to combat issues pertaining to traffic jams, air pollution, scarce parking spots and optimizing land use. Your challenge is to develop a policy supporting the use of UAM as a viable source of transportation in your city. (Imagine yourself as your country's public official in charge of developing a UAM policy).

 

UAM Business Proposal:

Aggressive action is needed to address the rising carbon footprint contributed by the Aviation and Aerospace industry. The sector to take advantage of innovation The Government has issued a request for proposal (RFP) for interested companies to submit their business proposals for the issuance of a UAM license to operate in their city. Your challenge is to put together a business proposal encompassing of Pricing, route planning, UAM ports for pickup and drop off and target markets.

 

  • All submissions will be evaluated and assessed based on the criteria and parameters stated.
  • All submissions MUST be in English.
  • All decisions by the judges are final and not subject to review, appeal, or re-consideration.

 

Stage 1 Guidelines (Introduce your team):

Judging Criteria  1.Team Names and Roles
Name of the team must be creative and relevant, evoking interest and resonating with the target audience. Each member should have a role, with the objectives and purpose of their role clearly explained.
2. Creativity and Innovation
Concepts must be revolutionary, with the ability to change the future of the aviation, aerospace and engineering industries and reimagine traditional travel business.
3. Business Idea Description
Basic details of the business ideas or solution which should include the product/ service features, objectives, and goals. Feasibility and growth potential will be considered.
4. Marketing Strategy
Adequate analysis of target market, marketing initiatives, competitor analysis, and future predictions. Relevance to aviation is important, which can include areas like travel, passenger journey, cargo, and freight.
Files for Submission

 Each team must submit the following file:

  • Video length of not more than 5 minutes, file size of up to 20MB and can be downloaded in, preferably, MP4. The file should be named in the following format:TeamName_LeaderName_Video.

Participating teams must submit their videos from 5 June 2023 (9:00AM GMT +8) to 23 October 2023 (11:59PM GMT+8). If submission of the video was not made during the registration for the competition, please e-mail it to wwhangar@erau.edu with the e-mail subject “Submission-TeamName LeaderName Video”.
Stage 1’s results will be released on 6 November 2023 via social media and e-mail.

Stage 2 Guidelines (Idea Summary):

Guidelines  Your submission must address the following questions:
1. Who is your customer and what problem are you solving for them?
2. What is your team’s value proposition?
3. What is each team member’s role in the company and what are their backgrounds or experience in the area?
4. What is your business idea or solution?
5. Who are your competitors and/or substitutes? What competitive advantage do you have over those competitors/substitutes?
6. What is/will be your revenue model? How do you make money?
7. What is/will be your cost structure? How do you spend your money?
Judging Criteria 1. Company Name & Slogan
Creative name and slogan related to the business idea or solution that clearly explains their purpose and objectives. The design evokes interest and resonates with the target audience.
2.Competitive Advantage
Identify any competing products or services that are already in the market. Provide THREE convincing reasons why the business or product is better than the competition.
3.Product, Price and Features
Detailed description of what the business offers the consumer, which include the product/ service, pricing, and a list of the goods, services, or features available.
4.Marketing Strategy
Detailed analysis of target market, well-developed marketing plans with budgets, comprehensive competitor and market demand analysis, and future predictions. Relevance to aviation is important, which can include areas like travel, passenger journey, cargo, and freight.
Files for Submission

Each team must submit the following files:

  • Executive summary of not more than 500 words in PDF Format. The file should be named in the following format:TeamName_LeaderName_Summary.pdf
  • Presentation deck not exceeding 10 slides in PDF format.TeamName_LeaderName_Presentation.pdf

Participating teams must submit the above files by 27 November 2023 (11:59PM GMT+8). Please e-mail the files to wwhangar@erau.edu with the e-mail subject “Submission-TeamName LeaderName Round 2”.
Stage 2’s results will be released on 11 December 2023 via social media and e-mail.

Stage 3 Guidelines (Finals):

Judging Criteria 1. Demonstrates substantial subject knowledge of the aviation and aerospace industry, excellent understanding and appreciation of business concepts and technical knowledge.
2. Business idea or solution, as well as its service/ product features are detailed, technically advanced and sophisticated.
3. Concepts are clearly communicated in a convincing and analytical way, with a high degree of clarity and accuracy.
4. Organized and structured presentation.
Files for Submission Each team will receive 7 minutes to pitch and another 7 minutes for question and answer with the panel of judges.
Final Presentation and Winners will be announced on 13 January 2024. 

Prizes:

  • 1st Prize: Each member gets SGD 10,000 scholarship to ERAU, a team Trophy, individual Certificates and an all-expenses paid trip to attend the 2024 Singapore Airshow
  • 2nd Prize: Each member gets SGD 2,500 scholarship to ERAU, a team Trophy, individual Certificates, and a set of 3D Virtual Reality Goggles for each member
  • 3rd Prize: Each member gets SGD 1,000 scholarship to ERAU, a team Trophy, individual Certificates, and a Foldable RC Quadcopter for each member

 

Prizes are subject to change based on the location of the winning teams. If the prizes listed above are unavailable, comparable prizes will be awarded.