When organising your event, you need to take prizes and judging into serious account. At their core, hackathons are fun and friendly competitions that allow teams to compete for prizes, awards, and accolades. This article dives into choices, judges, and the awarding of your event’s prizes.
Choosing your Prizes
When deciding what prizes to award the winners of your hackathon, it is worth bearing in mind your desired outcomes and hackathon goals. Prizes are a great incentivise for participants to build products and market events by attracting quality talent, and they can also align participant priorities and get them to build products that meet needs and desires.
However, bigger prizes don’t always equal more participants. You should always provide prizes that are appealing, but you should also reserve some capital for other perks and bonuses, such as free access to software, mentorship, and workshops.
When choosing your prizes, consider:
Budget