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Unconvention Innopitch European Young Innovator of the Year 2014 1 Lucas Wong, Leuven, 31/08/2014
9

Slides presentation o10tct innopitch 2014 (lucas wong)

May 24, 2015

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Page 1: Slides presentation o10tct innopitch 2014 (lucas wong)

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Unconvention Innopitch

European Young Innovator of the Year 2014

Lucas Wong, Leuven, 31/08/2014

Page 2: Slides presentation o10tct innopitch 2014 (lucas wong)

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Video-chat service providing authentic and personalized

language learning experience.

Putting theory into practice

Page 3: Slides presentation o10tct innopitch 2014 (lucas wong)

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The problem

Frustration because of the lack of Interactive Learning , memorization

Too much distraction while trying e-learning solutions

Specific personal needs with a deadline

Easy access to high-quality coaches

Immersive feedback fades away

Need for

Appreciative Engagement to break through the frustration barrier

Effective learning of sub skills

Page 4: Slides presentation o10tct innopitch 2014 (lucas wong)

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Solution

Video-chat platform which provides:

Rapid skill Acquisition

Interactivity : clickable fields during video

Learning-analytics : clicks are stored as data and visualized in smart report

Relevant and fast feedback loop : instant transformation of progress in trend charts

Personalized approach : highlighted individual working points become notification

Engagement : 1 on 1 authentic coaching experience

Page 5: Slides presentation o10tct innopitch 2014 (lucas wong)

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Business Model

Yearly subscription fee

Still needs to be fine tuned after pilots in # EU countries

Page 6: Slides presentation o10tct innopitch 2014 (lucas wong)

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Competitive advantage

Focus on rapid language speech skill acquisition versus credentialing

Tailored to personalized needs, targets and daily digests

Follow up on progress towards deadline

Relevant and engaging learning experience through

Interactivity, clickable audit within the video-chat window

Personalized feedback loop of past sessions, shared with different coaches

Page 7: Slides presentation o10tct innopitch 2014 (lucas wong)

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Competitors’ differentiation

Language Learning Competitors are mainly

Start from point of view of teaching and focus on knowledge transfer, not learning and practicing for proficiency

Focus on learning the language theory whereas o10tct aims to help people practice and train their skills

Are too static: learning experience is not tailored to individual needs of the user

Are not engaging enough: personalized coaching is needed for further motivation

Integration of CRM systems and monitoring by higher organization makes a specific goal within a set timeframe.

Learners corpus to benchmark and retrieve most common difficulties in group

Page 8: Slides presentation o10tct innopitch 2014 (lucas wong)

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Future plans

On the lookout for initial funding of 250,000 euros (of which 50,000 euros already personally invested in functional alpha-

prototype)

Testing in collaboration with OCMW Gent, Brussels and Antwerp

Develop and test beta-prototype

Gather feedback from test-users in different countries

Create more value for unemployed, non natives over the whole European Union

Page 9: Slides presentation o10tct innopitch 2014 (lucas wong)

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Team

Joris Swinnen: T-Shaped generalist, passionate about languages and multimedia. Chief Learning officer passionate about communication, e-learning and webRTC.

Kristof Taveirne: Software architect, software developer, business analyst and business developer active for 5 years at Ghent University and 4 years as IT consultant.

Lucas Wong: Networker, PR and marketing. Optimistic entrepreneur and Startup Grind Brussels Chapter Director.