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**"Innovation Challenge Workshop: Maximizing Resources for Success"**

Join Prof. Tello's workshop to identify and secure necessary resources for your project. Update on schedule, pitching practice, and event details. Discuss resource needs and receive guidance on preparing for the Rocket Pitch. Don't miss this opportunity to enhance your project's potential!

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**"Innovation Challenge Workshop: Maximizing Resources for Success"**

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  1. Workshop 2: Identifying Resources Prof. Tello

  2. Agenda • Schedule Update • Check-in with Teams • How are you progressing? • Pressing Questions? • Discussion of Resource Needs • Prepare for Rocket Pitch Practice

  3. Schedule Update • April 4 – Rocket Pitch Practice Expected of all teams competing in Event Sign-up online – details TBA Teams must confirm intent to Pitch! • April 8 – Idea Plan, Rocket Pitch deadline. • April 12 – Preliminary Pitch-Off, 3:00-6:30 PM Saab ETIC Center • April 17 – Final Event, 6:00-9:00 PMSaab ETIC Center

  4. Event Details • April 12 – Preliminary Pitch-Off Anticipate 30-35 Teams 3 min. pitch, 5 min. Q&A Select 9 teams for Final Event • April 17 – Final Event3 min. pitch, 5-10 min. Q&APosters from all TeamsAward Ceremony, Reception

  5. Event Categories for $25K IdeaChallenge • UMass Lowell Campus-wide DifferenceMaker • Most Likely Product to Market • Significant Social Impact • Innovative Technology • Sustainable Environment • All teams will receive token of recognition

  6. Tell Us About Your Progress • Have you clearly identified a problem and those affected by the problem? • Can you clearly express the opportunity in terms of people, impact and value? • How is the description of your solution progressing? • Challenges? Concerns? • Do you need additional help? • In 1 minute or less 

  7. Problem/Solution Model

  8. Resource Needs • What are resources? • Why do you need them? • How do you ask for them?

  9. What are Resources? Why do you need them? • People – talented people with different skills • Technology – to get the job done • Materials – depends on the project • Paper, tape, posters, flyers, food for events • Knowledge – learn from others • Attend related events, travel, database access, market reports • Awareness/Publicity • Website, marketing, advertisement, outreach • What else?

  10. How do you ask for resources? • Help funder to understand the need • Present reasonable estimates • Break out a proposed one year budget • Explain what this budget will accomplish

  11. Sample Budget

  12. What’s Next? • Prepare your Rocket Pitch • Practice event, April 4th, Southwick 240 • Sign up for time slot • Access our faculty mentors!

  13. Upcoming Events

  14. Contact Us • differencemaker@uml.edu • www.uml.edu/differencemaker • @difference_uml

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