Fever pitch: What’s the big idea
Start-ups take the stage
At The Irish Times stand, start-ups were invited to pitch their business ideas to journalists. Here’s a brief selection from yesterday
Panos Meyer: Flying, Germany
When frequent flyer Panos Meyer read a tweet about a flying app developed by students at Copenhagen Institute of Interactive Design, he contacted them to see where he could download it. When he discovered it was just a concept he decided to help them develop it into a business model. What resulted was a free air travel app, which in the 4.5 months since its launch, has garnered 17,000 users, bringing in close to $30,000 in revenues.
It has a social side for people to compare how much they have travelled with their friends. It also has a useful side, thanks to an inbuilt feature that allows users to apply for compensation for a cancelled or delayed flight in just two clicks.
“Only 5 per cent of people claims compensation for cancelled and delayed flights as no one wants the hassle. We make the process of getting compensation easy. ”
Cormac Walsh is hoping to bring his product from Finland to Ireland, and with it, the ability to reduce your shopping bills. “We have real time product price and location data on the database, and we tell you how to split shopping list between stores,” he says. Already in use in Finland, the app can deliver up to 20 per cent savings on grocery bills he claims; a saving he’d like to replicate here.
Kevin McCloskey: Househappy
HappyHouse hopes to change the way we search for property. It’s a global property search engine that takes the simplicity of CraigsList, the thumbnail based design of Instagram and Pinterest, and the search of Facebook, and rolls it into one. “Anywhere in the world you can post and search a property for free,” Kevin McCloskey says. The ads are free but the site is planning to build a database of services, such as plumbers, electricians, to go along with the site. That is where it plans to make money.
Tahir Mansoori: Colwiz, United Kingdom
Mansoori created research collaboration platform Colwiz from his dorm room at the University of Oxford, after noticing researchers are often frustrated by the huge number of different applications to manage research.
Research students weren’t able to share resources or collaborate easily due to different people using different programs. He said there was a glaring need for a single place where researchers could do all their management activities.