Mayor’s Challenge: Local Business Saver

Background

At this point in time, the Coronavirus is taking a heavy toll on various aspects of life across the globe. One of the direct effects of the social distancing directives and restrictions on movement in the public space is the widespread stoppage of business activity or, at the very least, significant limitations imposed on a business's operations.

 

Many businesses are experiencing financial hardships, which could lead to businesses shutting down for good and bankruptcies. In the last few days, numerous business establishments have contacted the Municipality and asked for assistance.

Ron Huldai, Mayor of Tel Aviv-Yafo

The Challenge Statement

Develop a methodology and a tool that will assess which businesses have a chance of surviving the Coronavirus crisis and which do not.

The desired outcome is a methodology that will assess the prospects of a business to financially survive the Coronavirus crisis, including implementation of the methodology in the form of an automated tool.

What should I submit?

A methodology (algorithm) for assessing the model, while citing the parameters that are computed (for example: the type of business, annual turnover, location…)

A tool or, at the very least, an illustration of the tool.

 

Each team must submit these 3 items:

  • Working code or mock up of their product

  • A short document (1-pager) explaining their solution

  • 90-second video pitch

All of these must be submitted via Shawee platform until April 7th at 8 AM (TLV Time)

Who can participate?

  • Any creative individual

  • Computer mavens – project managers, systems analysts, programmers

  • Economists

  • Strategists

Judging Criteria

  • Feasibility - Proof of technological feasibility 

  • Time to market- Development speed 

  • Team- The team members ability to lead the product’s development 

  • Impact - The degree to which the solution impacts different population groups and the ability to replicate the idea for use by other cities in Israel and overseas.

Resources

  • Oracle Cloud Infrastructure 

  • The municipal GIS – displays a layer of businesses that require licensing