Top Corporate Hackaton Venues & Spaces for Rent | Venuerific Singapore

The idea of hackathons has spread all over the world and is now held in many different fields. If they are run well, hackathons could lead to a steady stream of innovative and practical ideas and solutions.

So, what is a hackathon? In general, a hackathon is a time-limited competition where people work together to build concepts and products for a specific challenge or to come up with new ideas. They are usually meant to be fun, but they are often also beneficial in finding solutions.

However, the main goal of hackathons is not just to find answers to problems that already exist. They are also becoming compelling ways for businesses of all kinds to find and hire technical workers, come up with new product ideas or use cases, and even teach current employees about new ways to run a business. 

How to organise a hackathon

Most of the time, it takes between 30 and 40 days to plan a hackathon, including getting the word out, getting people to sign up, coming up with ideas, and making prototypes. If you've been thinking about having a hackathon for your company or group, here are the steps on how to set up a hackathon.

Come up with a clear goal for the hackathon

If you want a hackathon to be successful, you need to have a single, clear goal in mind before you start. If you don't have clear goals, you won't be able to give clear instructions to the people taking part. A clear goal gives your business a sense of where it's going. If you know what needs to be fixed, you and your team will be better able to set up the competition accurately and smoothly. Hackathons are known to help reach a number of important goals, such as the five listed below. 

• Finding new ways to solve business problems
  Usually, it's up to upper management or project managers to find solutions to problems in an organisation. However, these people aren't usually the ones who are directly affected by the problem. Hackathons bring together people who are directly affected by a problem so that they can come up with new ways to solve it. By asking people to come up with creative use cases for a specific technology, you can have new use cases for products that are already on the market. 
  
  
• Getting new products on the market faster
  When a big business gets a new product, there are often long delays because of how long it takes to do research and development and how to submit and get approval for the product. Hackathons help speed up the release of products by bringing together different people and groups to find ways to save money and time. 
  
  
• Training your staff and getting them involved
  When bringing in new employees or getting your team used to new technology, you need to train them well. Hackathons might be a good way for a business to encourage its employees to think like entrepreneurs. Hackathons, in which both new and current employees can take part, will encourage cooperation and teamwork. 
  
  
• Finding talents
  Getting new people to work for a company is one of the most common problems they face today. If you want your company to hire the best people and even lure prospects away from your competitors, you can make the most of hackathons. Applicants can be attracted and hired if fun events like hackathons are set up for them to attend. One way to cut down on the time and money it takes to hire people is to look at the winning teams or people who stood out during your hackathons. Spread the word about your hackathon in the places where your potential applicants live. This will make your hiring process more scalable. If you need more people to work for you in the future, you can just hold another hackathon. 
  
  
• Improving relationships with programmers
  Hackathons are suitable for businesses that want to sell a product to developers and need to get the word out about it in the developer community. The best way to get people to remember your technology product and become more familiar with your brand is to host a hackathon that features your product prominently. If you host an event that is fun and gives developers the chance to learn by doing, you can be sure that they will think of you favourably when they see the problems that your solution solves. 

Find out what type of hackathon you are going to host

After figuring out what the main goals of the hackathon are, the next step is to start getting ready for it. A hackathon usually takes one of five different forms, which are as follows: 

• Internal hackathons: These are ones that a company puts on for its own employees. They are meant to get people to work together, get them more involved, and encourage intrapreneurship. They are used quite often for both training and solving problems within the company.
• External hackathons: These are hackathons that take place outside. These hackathons are used when a company wants to hire people from outside the company instead of from within the company.
• Online hackathons: These are the same as traditional hackathons, with the exception that they take place on the internet rather than at a particular physical location.
• Startup hackathons: These are events where startups compete against each other to come up with solutions to a challenge set by the organiser. The goal of these hackathons is to make connections with people who want to start their own businesses.
• MVP hackathons: These are the best way to improve the process of getting your product out there. The goal of these hackathons is to get people from different business units to work together for three days to build a prototype of a product that can help solve a particular problem.

Once you know how your hackathon will be set up, you should put together the rules as soon as possible. The terms and conditions should include an explanation of legal requirements and guidelines that apply to both the organiser and the participants.

Create a website

It is essential that you have a digital presence for your hackathon. Creating a website is one way to manage the registrations that come in. This will be the primary way you will be able to get in touch with participants and ask them to join. You can build the registration process yourself and host it on your website, or you can use platforms like Eventbrite, Ticketbud, or TicketLeap that are run by other people. 

Come up with the theme

Come up with a general theme that fits with the goal you set. If you told a possible participant about the hackathon, they should be able to quickly come up with three projects they would like to work on during the event. Here are some examples of topics that could be used for hackathons: 

• Use a specific technology such as artificial intelligence, blockchain, virtual reality, etc
• Find solutions to a problem that your company wants to solve
• Create challenges that have something to do with your industry 

Set up the criteria for judging

After choosing a topic and a set of challenges, the next step is to come up with the rules that will be used to choose the winners. Here, you are going to be tasked with determining the criteria for assessing based on the objectives that were set.

These factors can include things like profitability, how well it fits with the topic at hand, how easily it can be done, how hard it is to do technically, and so on. Here are the three things that, based on our experiences and observations, we think are the most important to look at when choosing the best projects: 

• Business potential: This criterion looks at how well the solution fits into the market and how it compares to other solutions
• User experience: This is used to figure out how appealing the solution is to users.
• Completion and implementation: This criterion should be graded based on the work that participants did onsite.

If you want more polished projects, you should give more weight to the "completion/implementation" criterion and less weight to "business potential."

Set up a schedule for the hackathon

After deciding what you want to get out of your hackathon and how the winners will be chosen, the next step is to make a schedule for it. When you get to this step, you will plan the entire hackathon schedule. The plan could include things like activities, workshops, coaching checkpoints, hackathon milestones, and deadlines. Think carefully about when you want to hold your event. Avoid big events in your field during the summer, the holidays, and other busy times of the year. 

Choose and book suitable venues for hackathons

Find a place to hold the hackathon, and make sure to reserve it ahead of time. The best time to make a reservation is as soon as possible. Find a venue with all of the following:

• Seats and chairs
• One power outlet per table
• Fast and reliable WiFi
• Projector
• Microphone
• Restrooms
• Dining area 

For hackathons, you should set up the room like a banquet with big round tables that can each seat about ten people. When figuring out how many people can fit in a room, make sure to take into account that rooms set up banquet-style hold the fewest people compared to other tables/chair arrangements.

Ask your venue what times you can start and end. Figure out when you'll be there and when you should leave. It would be best if you gave yourself at least half an hour before and after the event to set up, take down, and clean up.

Also, check with the venue host to see if you can bring food into the room you've booked. If the event is held outside of the venue's regular business hours, make sure that the place will have air conditioning and heating.

Promote the upcoming hackathon

As soon as you're ready to start your hackathon, it would help if you started telling people about it. A hackathon wouldn't happen if there weren't people to take part in it. However, how people are chosen to take part in the hackathon has a significant impact on how it turns out. 

To get people excited about your next hackathon, you will need to come up with an excellent way to get the word out that reaches the right people. If you are trying to do coding competitions for students, you may get the most out of your resources by reaching out to colleges and universities in the area.

The next step is to make the things that will be used to talk to people. This could be in the form of press releases or email templates that can be used for outreach. It could also be in the form of ad copy and images that can be used for an ad campaign.

Let the hackathon begin

If you want high-quality products from the hackathon, it's essential to give participants and mentors chances to show off their creativity and learn new skills. Hackathons aren't just places to get training or meet new people; they're also places where people can get direct feedback on their project ideas. If the ideas are interesting, good team members will be drawn to them, which will lead to a better end result.

In the time before the event, it's crucial to stay in contact with everyone who will be there. During the registration process, you should ask people for their email addresses and phone number so that you can keep them up to date on what's going on with your hackathon. During the event, you can share exciting news about technology, ideas from the previous year, and any other helpful information to inspire innovativeness and creativity among the participants. 

Hackathon Venues Singapore FAQs

How much does it cost to book a corporate hackathon venue Singapore?
For big events that last all day and take place in big cities, you can expect to pay anywhere from a few hundred to a few thousand dollars per day for the venue. It all depends on how much space you want, but in general, each person will cost $10 to $181 and above. 

What are the best corporate hackathon venues Singapore?
When it comes to corporate hackathon venues Singapore will never run out of potential locations to offer. Whether you are hosting a small or large-scale hackathon, the best venues you should consider are those with AV equipment, seats and tables, tech essentials, and catering. Some of the potential hackathon venues you can book on Venuerific include auditoriums, co-working spaces, conference halls, event spaces, and function halls.

How long should a corporate hackathon last?
Hackathons usually last between 24 and 48 hours and are meant to bring together developers, designers, innovators, and other experts in their fields. 

Book the best corporate hackathon venues Singapore has to offer

The guide above lists the ways how to conduct and host hackathon projects for beginners. If you can clearly define the primary goal of your hackathon, the other steps of planning it will be easy. On the day of your hackathon, it's important to have onsite management to make sure that the end result is exactly what you want it to be. Also, it's essential to keep in touch with the winning teams to talk about the next steps, which could include putting their products on the market, hiring the team, or turning the product into a business. Ensure the success of your event by booking the best corporate hackathon venues in Singapore via Venuerific!