HackForce – Won 4th place

The first virtual hackathon in Latvia HackForce ended with LIVE pitches of all 28 hackathon ideas aimed to find solutions for the crisis caused by coronavirus. Thanks to the high interest, teams hard work and potential, the initiative gained huge interest by the public and media. In 48 hours over 850 people from 25 countries joined the public Slack, 70 mentors helped the team succeed, and at the end, live-stream has been viewed already by over 15 000 people. The President of Latvia Egils Levits also joined the live-stream to congratulate and thank the teams. 

Top teams were chosen by the jury with professionals from the startup community, the government, investors, and the health industry. Jury who chose the top teams were: Edgars Labsvīrs, Director at National Health Services, Olga Barreto Goncalves, Chief Startup Instigator at Investment and Development Agency of Latvia, Cristobal Alonso, CEO at  Startup Wise Guys, Andris Berzins, Managing Partner at Change Ventures, Solvita Kostjukova, CEO at ALINA and Reinis Znotiņš, Deputy Minister at Ministry of Education.

Flipful team won the 4th place with the solution: One-stop solution for managing government supported standstill payments.

Problem: The Latvian government has promised to provide 75% of salary payments to employers affected by the consequences of the virus in order to avoid the liquidation of companies. Flipful’s team is developing a corporate support tool – a solution to idle payments management as a one-stop point to make processing easier for both the National Revenue Service and businesses, making it simple and understandable without additional administrative burden.

The team: Jānis Putniņš, Ivans Dorohovs, Darja Nipere, Viktors Saulītis.

For further development of the project, the team was rewarded with EUR 2 500, of which EUR 1 500 was allocated by the Ministry of Economics in cooperation with the Latvian Investment and Development Agency and EUR 1 000 – Swedbank Latvija.

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