Wavve

What Better Way to Invest in a Better Tomorrow than to Invest in the Next Generation and Their Solutions?

Photo of Riya Krishnan
16 16

Written by

Eligibility: Are you employed by T-Mobile or related to an employee of T-Mobile?

  • No

Eligibility: Date of Birth

8 May 2002

Where are you located:

Darien, CT 06820 Greenwich, CT 06870 Ithaca, NY 14853 Boston, MA 02151 Cupertino, CA 94024 *We are a virtual platform, however our team members and innovators are making a difference in the above locations*

Website or social media url(s) (optional):

www.wavveincubator.com

Date Started

2/1/18

Project Stage: Select the description below that best applies to your approach.

  • Growth (have moved past the very first activities; working towards the next level of expansion)

1. Personal Journey: What’s the story behind why you decided to start this project? NOTE: All applications must include a 1 minute video that answers: “I am stepping up to make change because..."

Attachment: https://docs.google.com/presentation/d/1aDkhJIKISn0r7LVPdVYWnhPKm0Mt2qA0B0KHx3ITN7M To best understand the motivation driving Wavve’s vision, I’d like to introduce you to Dan. Dan is a 16 year old STEM Geek who created a Non-Invasive, Low Cost Diagnosis of Chronic Obstructive Pulmonary Disease (COPD) via Smartphone Breath Analysis that won third place in the state STEM Fair. In layman’s terms, he created an app than detects the presence of COPD (notably difficult to diagnose). Weeks after the fair, I asked Dan how he would pursue his project. He looked down and said “I don’t even know how and where to start, nor do I have the resources to launch something in high school” After hearing Dan’s story I was shocked. But Dan is hardly alone, and in his story we saw a problem: one of the most innovative groups of society face significant barriers to innovation and social impact

2. The Problem: What problem are you helping to solve?

We surveyed past participants of the top innovation fairs in Connecticut and found that despite the fact that more and more teens are coming up with viable solutions for the world’s biggest challenges, only .001% of those solutions were able to be realized. Therefore, the world is not tapping in to its full human potential. If we do not spread access to innovation, those are millions of dreams deferred and solutions missed out on.

3. Your Solution: How are you planning to solve this problem? Share your specific approach.

We are Wavve, the world’s first open social innovation platform for Generation Z. We provide the mentors, resources, funding, and partnerships to help teens launch their own ventures. We accelerate Gen-Z driven solutions and collaborate with existing institutions working to solve global challenges, creating a collaborative platform for maximum innovation. We act as a pathway for teens and existing change makers to develop solutions into today’s most bridge between teens with ventures and institutions looking for solution. To accomplish our goals, Wavve utilizes a 1-3 year virtual incubation program. Firstly, we help our teen incubatees design viable ventures, guiding them on skills such as pitch training, web design or prototyping. Then, we connect our ventures to our network of mentors, investors, and partner organizations who may want to sponsor or mentor a venture.

4. Example: Please walk us through a specific example of what happens when a person or group gets involved with your project.

Jodi B, a 17 year old high school student from Connecticut, applied to Wavve’s platform online, with the hopes that she would gain the tools and resources to turn her venture from a developed idea to a tangible reality. After being accepted into Wavve, she was assigned to a project manager here at Wavve (college business student), and they were able to create a roadmap and goals for Jodi to launch her venture, ICOD (In Case of Deportation, an online resource for kids with families facing deportation). Every week, she meets with her project manager to improve upon her venture, going over everything from effective web design to how to pitch her idea to running an initial prototype. Once Jodi is at the point where she will run her pilot program, Wavve will connect her to our network of partners, sponsors, and investors so that she can take her venture to growth and realization!

5. The X Factor: What is different about your project compared to other programs or solutions already out there?

While other platforms or incubators exist, many serve older populations. We also are among the first to cater to the audience to social/non-social entrepreneurs, serving activists as well. We are also the first platform for not only teens, but for other institutions to work together synergistically with GenZ to develop solutions and innovations. We firmly believe that there is no better way to invest in a better tomorrow than to invest in the next generation, which is why we aim to unite high potential Gen Z innovators with existing institutions willing to drive bold change.

6. Impact: How has your project made a difference so far?

After opening up applications for just one month, we have received fifteen applications from teen innovators with ideas. Currently, we have accepted three into our Incubator, where they are now getting the guidance and mentorship to bring their venture concepts to fruition. Our ventures include goggles utilizing solar technology to prevent drowning (SonarSaver), an online help and disaster relief platform for families facing deportation (I.C.O.D), and a IOT powered self-heating driveway tile (Brilliantile). Any investment into Wavve is not just an investment into one incubator, it’s an investment into a diverse, high-impact, ever-growing portfolio of ventures. This allows our impact to spread beyond one venture, to communities around the globe that all of our ventures serve.

7. What’s Next: What are your ideas for taking your project to the next level?

Our goal is to be able to incubate 20 Gen Z driven ventures by the end of this year. To do this, we have partnered with several hackathons, science fairs, school counselors, and business competitions to help Wavve gain visibility. To improve upon our innovators’ experience, we also hope to grow our network of mentors, sponsors, and partners. We are currently partnering with local mentoring centers and services to grow our pool of mentors who may be interested in providing valuable insight to our ventures. Lastly, we are working on growing our network of partners, and have been actively reaching out to organizations and companies whose corporate or philanthropic goals include driving bold change and investing in the next generation.

8. Future Support: What are the resources needed to make your vision a reality?

We are working on marketing our program in order to grow our network of innovators that wish to incubate their ventures, although thus far, we have received an overwhelmingly positive response to our program. Another one of our main goals is to grow our network of mentors and partners. At present, we have been reaching out locally, however, we are still seeking any resources that will allow us to build our network. In order to achieve our goals, we are currently in the process of developing a curriculum with the University of Pennsylvania Center for Social Impact Strategy, yet further curriculum development support would be needed.

9. Finances: If applicable, have you mobilized any of the following resources so far?

  • Friend support
  • Family support
  • Donations between $100-$1k

10. Ripple Effect: Please share some ideas of how you could partner with other changemakers or involve other young people as leaders in making a difference.

Wavve ‘s being and mission is built on the idea that young people can and should have the ability to create bold and meaningful change. Thus, partnerships with other changemakers would be essential to tackle this issue. At present, we are partnered with several fairs and innovation competitions who are able to spread the word about Wavve to their participants. We hope to partner with organizations and companies who are actively working to drive innovation and bold change, who might be able to partner with some of our portfolio ventures to help them become accelerated and launched.

Help Us Support Diversity! Part 1 [optional] Which of the following categories do you identify with?

  • Asian (for example: Chinese, Filipino, Indian, Vietnamese, Korean, Japanese, Pakistani) (9)
  • Middle Eastern or North African (for example: Lebanese, Iranian, Egyptian, Syrian, Moroccan, Algerian) (11)

How did you hear about this challenge?

  • Recommended by others
  • Word of mouth

Referral: If you discovered the Challenge thanks to an organization or person other than Ashoka or T-Mobile, who was it?

Referral from our co-founder Rohan Pandey!

Evaluation results

15 evaluations so far

1. Overall evaluation

5 - This idea rocked my world. It’s awesome! - 33.3%

4 - This idea seems really exciting. With a little more polishing, it’d be among my favorites. - 26.7%

3 - This has some good elements and some areas for development - 40%

2 - This doesn’t inspire me so much - 0%

1 - It didn’t make my heart beat faster. - 0%

2. Changemaker Quality

5 - Absolutely, 100%! - 33.3%

4 - I feel really good about this - very promising - 53.3%

3 - This has some good elements and some areas for development - 6.7%

2 - This doesn’t inspire me so much - 6.7%

1 - This entry is weak here - 0%

3. Creativity

5 - Absolutely, 100%! - 26.7%

4 - I feel really good about this - very promising - 26.7%

3 - This has some good elements and some areas for development - 40%

2 - This doesn’t inspire me so much - 6.7%

1 - This entry is weak here - 0%

No Answer - 0%

4. Commitment

5 - Absolutely, 100%! - 75%

4 - I feel really good about this - very promising - 100%

3 - This has some good elements and some areas for development - 25%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

No Answer - 0%

5. Connection

5 - Absolutely, 100%! - 40%

4 - I feel really good about this - very promising - 33.3%

3 - This has some good elements and some areas for development - 20%

2 - This doesn’t inspire me so much - 6.7%

1 - This entry is weak here - 0%

No Answer or No Connection - 0%

16 comments

Join the conversation:

Comment
Photo of Ariyan Miller
Team

Hey There Fellow Changemaker,

Congrats on moving to the next phase. I wishing you the best of luck ! & I am sending love and light to all the positive things that you do.

Photo of Riya Krishnan
Team

Ariyan Miller Thank you for your kind words!

Photo of Armani Simmons
Team

What a remarkable campaign, I would love to collaborate with you as a fellow changemaker to help bring this project to life. Keep up the great work.

Photo of Riya Krishnan
Team

Hi Armani Simmons , thanks for your compliment! I'd love to see how we might be able to work together (just PM'd you). I think what your venture is doing with financial literacy is super relevant and an awesome idea- thanks for doing what you do! In any case, best of luck in the coming rounds and thanks for your support!

Photo of Jessy Huang
Team

Nice! I really really really like this idea, and I am super glad that you guys are making it a reality. I've seen incubator-like programs, but most only accept college student and above (e.g., Watson University). Others that high schoolers can join are usually quite expensive and only happen in the summer (e.g., Quarter Zero), or are sort of indoctrinated by schools and not very practical (e.g., Young Entrepreneurs Academy). I think projects like your's are very needed and it's a great idea to connect elite college students as mentors with motivated high schoolers. :)

Photo of Riya Krishnan
Team

Thanks Jessy Huang ! Given that many other innovation programs and incubators that you mentioned are very inaccessible to many youth, our platform is definitely trying to give opportunities for entrepreneurship/social entrepreneurship to youth. Thank you for your support!

Photo of Neil Suri
Team

I feel like this type of program would be incredibly useful to a lot of young people who are looking to make a change in their community. Good luck with your project!

Photo of Riya Krishnan
Team

Neil Suri We think so too! Thanks for the compliment!

Photo of monika robinson
Team

I love this idea as a child I felt so creative and my brain was so ready to solve problems but there was little out there as a resource to help put that brainpower to good use. I support and appreciate the young minds around me and think we could really propel our culture with young minds. I think the biggest challenge you’re going to face is sustainable funding, maybe think about how you’ll be copyrighting ideas that come to you. Maybe I’m wrong but I feel like there could be issues with intellectual rights if you decide to pursue this idea that you’ll need to overcome. You can do it!

Photo of Riya Krishnan
Team

monika robinson thanks for supporting our idea! You're definitely right that funding is a challenge. We're currently raising friends and family seed capital, but we're applying to grants and getting in front of some investors as well. Definitely stay tuned as our program grows!

Photo of Kim Solem
Team

Riya and team; you're onto something big and off to a great start! I really like how your incubation model includes support resources to help the entrepreneur with all the things they might not be great at, like marketing, or fundraising, or financial projections. It takes a village, and you're creating that village - well done! Can't wait to see how far you take this idea! Also check out another VC incubator idea for youth: Open Seat Ventures. https://network.changemakers.com/challenge/tmochangemakerchallenge/community-review/reviewer_questions/open-seat-ventures
Ripe for collaboration!

Photo of Riya Krishnan
Team

Hi Kim Solem ! Thanks so much for your feedback! Definetely stay tuned as we continued to expand our platform!

Photo of Noelle Holdsworth
Team

Wavve team-- this is a very exciting platform to support peers and innovative youth such as yourselves. For you to create a space where you can help foster collaboration, encouragement, and drive overall awareness of ideas shows that you truly care about finding solutions for a better future for all. I hope companies are jumping at the chance to get involved. I know you all have made me re-think how I can better serve as a mentor and support system as a business professional who has applicable experience to share with others.

Photo of Riya Krishnan
Team

Noelle Holdsworth Thank you very much for your support and encouragement! We're very fortunate that many of the companies we've talked to have been eager to get involved. And I think you hit the nail on the head- mentorship is an essential part of our program as we aim to connect both today and tomorrow's leaders. Stay tuned as we'll be expanding our mentor network this year!

Photo of Aidan Kelley
Team

This is really cool. I like the idea of taking the visions of intelligent young people and helping to make them a reality! As someone who has a lot of ideas but a limited idea of how businesses and non-profits work, this idea is personally very interesting to me.

Photo of Riya Krishnan
Team

Aidan Kelley 
Thanks for the support! It's great to see others recognizing the same issue!