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KIN Prize Information Session

KIN Prize Information Session. January 12, 2012. Welcome & Agenda. Greetings from Professor Rob Wolcott, KIN Co-Founder Intro to 2012 KIN Prize Competition Rules Q & A. What is KIN?.

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KIN Prize Information Session

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  1. KIN Prize Information Session January 12, 2012

  2. Welcome & Agenda • Greetings from Professor Rob Wolcott, KIN Co-Founder • Intro to 2012 KIN Prize • Competition Rules • Q & A

  3. What is KIN? KIN is a global network of visionary leaders committed to building global prosperity through innovation

  4. KIN Highlights 2010 KIN Summit – Highlights Video Carlos Dominguez, Cisco SVP – View Speech

  5. The KIN Prize The Prize funds bold action plans that support KIN’s mission of building global prosperity

  6. What’s an ‘action plan’? New Algorithm Business plan Nonprofit organization 2012 Campaign Poster? Social business Viral video

  7. Overview When/where does competition take place? • Held at KIN Summit, May 30-June 1, 2012 • Allen Center – Evanston, IL What is the award amount? • $100,000 will be split among four finalist teams • Winner will be determined by votes of KIN delegates at summit • Winner receives amount received through voting, plus difference Who can compete? • Minimum team size of two, no maximum number • At least one NU student enrolled in a degree seeking program • Teams are encouraged to have a mix of students and professionals

  8. Why you should enter? • Significant financial award and recognition • Mentoring from executives and VC professionals (for finalists) • Opportunity to attend the KIN Global Summit and become part of a community of innovators • Max 4 people/team attend as delegates • Full team participates in presentation

  9. The Selection Criteria Impact • People: global prosperity • Profit: financial return • Planet: environmental impact • Plans may address one or more categories of impact • Impact must be quantified using metrics chosen by the team Innovation • Creativity of Solution: solution addresses a challenge in an innovative way (WOW factor counts…) Implementation • Well-defined implementation roadmap • How goals will be achieved and major obstacles overcome • How progress towards ultimate goals will be monitored • Proof points help • Management team: team is capable of carrying out proposed concept

  10. Application process • Executive Summary – Due Midnight February 10 • Max 3 page, covering (1) the problem, (2) the proposed solution, (3) the strategy), (4) specific social or environmental targets/goals , (5) a brief background on the team members. • Semi-finalist teams announced on February 25 • Nine teams selected to compete in semi-finals • Teams present to KIN Prize Committee on March 5-7 (15 presentation + 15 minutes Q&A) • Finalists – Teams announced onMarch 9 • Four teams selected to compete in the final round • Each team is assigned an advisor in preparation for presentation at KIN • Conduct “dry run” with review committee week before KIN Global Summit • Finals – May 30- June 1 • Poster booth of venture to be displayed and manned by the team at the KIN Global Summit • 10 minute presentation at the KIN Global Summit (full team)

  11. Questions? Jeff Berensjberens2013@kellogg.northwestern.edu Peter Weyrens pweyrens2012@kellogg.northwestern.edu NOTE: Official Rules and FAQs will be released following info session

  12. END

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