INSIGHT

At the heart of this challenge lies the very stuff that powers our modern world: raw materials – especially those assessed as critical raw materials (CRMs). These foundational elements, spanning metals, minerals, and essential elements, are the absolute necessity for the Green transition. Picture this: the electric vehicles revolutionizing our streets and the renewable energy storage breathing life into a sustainable future—they hunger for materials like cobalt, lithium, graphite, and nickel. These are the building blocks of innovation, but here's the catch—Europe leans heavily on external suppliers, especially China, for these vital resources. Not only do these materials come from geopolitically unstable countries, but they also have limited resources, and we are likely to see shortage of them. To give you some perspective, China delivers a whopping 66% of finished Li-ion batteries, while the EU's contribution hovers at less than 1%. Beyond just securing a stable supply, our challenge extends to uncovering pioneering solutions for responsible sourcing and recycling, ultimately forging a path toward a more sustainable, interconnected world. It's time to energize change.

WHAT WE'LL BRING

More available public data will be provided at the request of participants during the hackathon.

PRIZES

The winning team will receive  

•              1000€ prize divided among the team members as stipends

JUDGING CRITERIA

Innovation 

·        Is the idea/concept/prototype/technology new or different compared to existing ones? 

·        Does the idea/concept/prototype or some parts of it distinguish it somehow from existing ones? 
 

Impact 

·        Does the idea/concept/prototype have a significant impact on society through solving the problem(s) it addresses? 

·        Does the idea/concept/prototype have a significant impact on the majority of the people facing the problem it solves? How large is the ratio between the number of people whose problem got solved compared to the total number of people affected by the problem? 

·        How scalable is the solution?

 

Implementation 

·        Is the idea/concept/prototype eventually realistic, viable, and feasible to be implemented from all perspectives, such as: 

o   Business aspects 

o   Social acceptability 

o   Recyclability of raw materials 

·        How quickly the solution can be implemented?  

ABOUT THE COMPANY

Aalto University is a community of bold thinkers, where science and art meet technology and business. We build a sustainable future by creating novel solutions to major global challenges. We value responsibility, courage and collaboration. 

Aalto is the first Finnish university to sign universities’ global Sustainability Development Goals Accord committing to advance the SDGs as part of teaching, research, innovation activities, and campus development. 

 
Aalto Ventures Program is an entrepreneurship education program at Aalto University. For us, entrepreneurship isn’t just about founding startups. It's a mindset and a tool that helps daring individuals make the world better by solving meaningful problems either by starting their own company or from inside an existing organization.