AI is being heralded as the most promising technology of our future, and will establish itself as a cornerstone of the Fourth Industrial Revolution. Today the automotive industry is changing as automobiles become equipped with devices and systems that are autonomous and connect you to the world. Pushing artificial intelligence towards its full potential will enable Michigan to become the leader, not only in autonomous vehicles, but across diverse industries. Over 95% of corporate leaders surveyed recognize that AI will transform their industry. However, many don’t know when and how that will happen, but it will surely happen. The rise of AI will have significant impact on people, jobs, society, government, the environment and the world as we know. There is also a negative shadow around AI - Will it destroy jobs? Will it take over our world? As entrepreneurs, it is imperative for us to find the best way to engage with this technology and make it productive for humankind.
The AI Competition is aimed at recognizing the six top-level entrepreneurs and startups working on disruptive AI technologies. The six finalists will demo and pitch at TiECon Detroit on October 6th and the winner will be eligible for up to a $50,000 equity investment, support services, and mentorship from Kyyba Innovations extensive global network.
AI COMPETITION AGENDA - OCTOBER 6TH
1:00pm to 2:00pm - Networking and Product demos
3:00 pm to 4:15 pm - Pitch Competition
7:00 pm - Winner Announced at Award Ceremony
The competition takes place at the Suburban Collection Showplace in Novi, during Michigan's largest entrepreneur conference, TIECon Detroit.
Testimonials from TiECon Detroit startup competitions
"We had a great time presenting at TiECon Detroit. The panel had several industry experts that asked great questions and provided valuable insights. The audience was engaged and supportive. It was a wonderful event to be part of, and we were honored to win the mobility competition! The investment and industry connections provided by Kyyba Innovations will help accelerate our growth. We are excited to work with the Kyyba Innovations team and look forward to collaborating with the KI team in growing Carma to become the standard in vehicle subscription technology." - Azarias Reda, PhD - Founder and CEO, Carma Car
"We presented at TiECon Detroit last year and the experience was one we will not soon forget. We enjoyed shaking hands with the participants. One of the speakers was so good that you could hear a pin drop. After the pitch competition we met someone that became both a mentor and investor in our seed round that closed shortly after." - Lyden Foust, Founder &CEO Spatial.ai
"Attending TiECon Detroit was a significantly impactful experience for my business. I was able to network with so many impressive mentors, corporate executives, and investors. My company was able find new investors and partners thanks to the connections made at the conference, all of whom were crucial for our business to grow. I would recommend attending TiEConDetroit to anyone looking to raise capital, gain insights from talented speakers, or make new connections." - Jake Moskowitz, Founder & CEO Voyhoy
AI AREAS OF INTEREST
Blockchain / AI / ML / DL
Manufacturing / In Vehicle Technologies / Mobility
6 minutes for the pitch
3 minutes for Q&A
1 minute for transition
INCREASE YOUR CHANCES
Have something built (Code, proof of concept, prototype, MVP).
Show customer traction or customer validation (letter of intent or in revenue).
Show a unique selling point and strong business model.
Have a good pitch deck.
Must be able to cover content in a 6 minute pitch.
Companies should tell a story and include the problem they are solving.
Pitch Deck should not be more than 12 slides. Check out some MUST HAVE slides here.
PITCH DECK MUST BE IN POWERPOINT FORMAT AND SHOULD INCLUDE: