Join the GeoTAM hackathon to work out business turnovers!
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Summary: I’m involved in organising a hackathon, and I’d love you to take part. The open-source GeoTAM hackathon focuses on estimating turnover for individual business locations in the UK, from a variety of open datasets. Please checkout the hackathon page and sign up. There are prizes of up to £2,000!
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I’m currently working with Rebalance Earth, a boutique asset manager who are focused on making nature an investable asset. Our aim is to mobilise investment in UK natural infrastructure – for example, by arranging investment to undertake river restoration and reduce the risk of flooding. We will do this by finding businesses at risk of flooding, designing restoration schemes that will reduce this risk, and setting up ‘Nature-as-a-Service’ contracts with businesses to pay for the restoration.
I’m the Lead Geospatial Developer at Rebalance Earth, and am leading the development of our Geospatial Predictive Analytics Platform (GPAP), which helps us assess businesses at risk of flooding and design schemes to reduce this flooding.
An important part of deciding which areas to focus on is estimating the total business value at risk from flooding. A good way of establishing this is to use an estimate of the business turnover. However, there are no openly-available datasets showing business turnover in the UK – which is where the hackathon comes in.
We’re looking for participants to bring their expertise in programming, data science, machine learning and more to take some datasets we provide, combine them with other open data and try and estimate turnover. Specifically, we’re interested in turnover of individual business locations – for example, the turnover of a specific supermarket, not the whole supermarket chain.
The hackathon runs from 20th – 26th November 2024. We’ll provide some datasets, some ideas, and a Discord server to communicate through. We’d like you to bring your expertise and see what you can produce. This is a tricky task, and we’re not expecting fully polished solutions; proof-of-concept solutions are absolutely fine. You can enter as a team or an individual.
Most importantly, there are prizes:
- £2,000 for the First Prize
- £1,000 for the Second Prize
- £500 for the Third Prize
and there’s a possibility that we might even hire you to continue work on your idea!
So, please sign up and tell your friends!
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