Reapply to the Same Batch

Hello everyone! My application to batch S24 was rejected. After this outcome I gave it a lot of thought and found a problem to solve, and an idea that (in my opinion) is a very good business idea. I would like to reapply, but to do so I would have to create a new profile. I couldn't find any information about this, so I wanted to ask if you could advise me on what to do. Thanks!

It's an AI program, so I'm also afraid that similar tools might come out or go to solve the same problem before the next batch.