Sponsor the future
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Transcript Sponsor the future
Presenter’s Name
[Optional Co-Authors’ Names]
Korean-American Scientists and Engineers Association
Business Venture Challenge
Young Generation Technical and Leadership Conference
January 6-8, 2012, Embassy Suites Hotel, San Francisco, CA
Company Purpose
Executive summary
What’s new in your proposal? What is the purpose of your
company proposal (max 2 sentences)
Ex) Our company will be the best at providing this <service/
product> to this <customers/ users> through this <solution>.
Ex) Our company will be the best at providing ice cream to
children through this iphone apps to tell them where the
nearest ice cream truck is.
2
Problem
Describe the pain of the customer or statement of need
Ex) Children run around in circles looking for ice cream
trucks, and get hit by cars
3
Solution
Demonstrate your company’s value proposition to make
the customer’s life better
Ex) Service to show them where ice cream truck is
Show where your product physically sits
Ex) Mobile app on iPhone
Provide an example of how you would use solution
4
Why Now
Define recent trends that make your solution possible
Ex) Smart phones are now ubiquitous and affordable
Ex) Warmer summers lead to increased ice cream sales
5
Market Size
Identify/profile the customer you cater to.
Ex) Children
Ex) Parents with children
6
Competition
Outline how the customer addresses the issue today
Ex) Children listen for the music of ice cream truck
Ex) Children constantly bug their parents to buy ice cream
at the supermarket
7
Product
Product characteristics including form and function
Ex) Mobile app software, ice cream truck infrastructure
8
Business Model
Revenue model, pricing, sales and distribution, etc.
Ex) $1 onetime download price
Ex) Sold on Apple App store
9
Team
Founders and management and key players
Ex) I am the CEO and my partner is the CTO
10
Financials
Profit & loss statement, balance sheet, etc.
Ex) Summarize here
11
Conclusion
Summary of all of the previous slides
12