Erasmus University Challenge

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RSMLH

Do you know that most millennials doesn't have any knowledge about investment? Even if they do they think it’s so hard to get into the field! This lack of knowledge about investment and the ease of money spending with a click of a button and the appetite for spending everywhere from the store next door to the online website thousands miles away is affecting the next generation wealth.

Prototyping

Finalist

SAROWA

The unsustainable fashion industry, particularly the unsustainable practices during the production of clothing and mass-production of generic “fast-fashion” clothes. To illustrate, a regular cotton shirt requires 2,800 liters of water in production. This alone shows the significant resource consumption and does not yet include negative externalities that arise such as environmental pollution in terms of CO2 emission, chemical pollution & waste, etc. More importantly, 12% of all resources/raw materials (fabrics) are lost during the production process. One reason for this is overshoot liquidation because producers opt for economies of scale, meaning they purchase more raw materials than necessarily required to benefit from lower purchasing prices. Furthermore, there is an upcoming desire to have unique pieces of clothing among generation Z (also generation Y). In other words, offering clothes that allow individuals to differentiate is a deep need of the generation of strong personalities.

Prototyping

The Snowflake Network

The sectoral culture in the social impact space is currently focused on competition. Although there are "exclusive" clubs for celebrity social impact makers, most changemakers struggle to find support, networks, and useful trainings.

Prototyping

Finalist

Verrasdag.nl

Verrasdag.nl focuses on stimulating sustainable economic growth for SMEs in small and medium-sized cities in the Netherlands. By implementing the latest technological developments, many activities can be automated to allow more consumers to experience a unique day trip and to provide more entrepreneurs with additional customers.

Prototyping

Finalist

OASYS NOW

While DNA is the most sensitive human biometric and therefore critical data; both public & commercial organizations lack appropriate means of storing it securely and efficiently. Moreover, due to the reduction of costs in sequencing technologies, there is now a sudden huge increase in genomic data produced. However, due to a lack of proper handling of such data, there has been a large increase in the data breaches caused by cyberattacks in the past years.

Prototyping