120 likes | 266 Views
Title. Korean-American Scientists and Engineers Association Business Venture Challenge US-KOREA Conference August 7- 10, 2013, Sheraton Meadowlands Hotel, East Rutherford, NJ. Presenter’s Name [Optional Co-Authors’ Names]. Company Purpose. Executive summary
E N D
Title Korean-American Scientists and Engineers Association Business Venture Challenge US-KOREA Conference August 7-10, 2013, Sheraton Meadowlands Hotel, East Rutherford, NJ Presenter’s Name[Optional Co-Authors’ Names]
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.
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
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
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
Market Size • Identify/profile the customer you cater to. • Ex) Children • Ex) Parents with children
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
Product • Product characteristics including form and function • Ex) Mobile app software, ice cream truck infrastructure
Business Model • Revenue model, pricing, sales and distribution, etc. • Ex) $1 onetime download price • Ex) Sold on Apple App store
Team • Founders and management and key players • Ex) I am the CEO and my partner is the CTO
Financials • Profit & loss statement, balance sheet, etc. • Ex) Summarize here
Conclusion • Summary of all of the previous slides