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Start up your idea 2013

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1. [name of startup] [name of team members] [contact details] …

1. [name of startup] [name of team members] [contact details]
2. Team Presentation
-Role of each member in the business
3.Please consider the following in completing the Form:
Evaluating the Opportunity
4. Problem - Need
Describe the problem your business tries to solve.
Why up to now, no one has been able to do it properly
5. Solution
How will your solution solve this problem?
What is the product or service being offered?
Who is the customer?
Will this product be serving customers’ real needs?
6. Size of the Opportunity / Market Size
Niche/Competition. What is different about the product or service that will cause the customer to choose it over the competition’s product or service?
7. Revenue & Cost Projections / Major Milestones
Initial start-up cash needed.
Provide points supporting the revenues you are projecting.
Overall attractiveness of the proposed venture.
8. Pitch your idea in 1 slide/ 30 seconds
Provide a short description of your idea for investors to understand why should they invest in your business.
Guideline:
WHAT IS THE SCOPE OF THE IDEA

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  • 1. [name of startup] [name of team members] [contact details]
  • 2. Team Presentation • Role of each member in the business
  • 3. Evaluating the Opportunity Does the Opportunity: Fill a need? Show evidence of product acceptance? Show that a market exists now? Reflect that yours is better than the competitions? Show an upside gain potential? Small Business Management PPT – University of Sheffield Please consider the following in completing the Form:
  • 4. Problem - Need • Describe the problem your business tries to solve. • Why up to now, no one has been able to do it properly.
  • 5. Solution • How will your solution solve this problem? • What is the product or service being offered? • Who is the customer? • Will this product be serving customers’ real needs?
  • 6. Size of the Opportunity / Market Size • Niche/Competition. What is different about the product or service that will cause the customer to choose it over the competition’s product or service?
  • 7. Revenue & Cost Projections / Major Milestones • Initial start-up cash needed. • Provide points supporting the revenues you are projecting. • Overall attractiveness of the proposed venture.
  • 8. Pitch your idea in 1 slide/ 30 seconds • Provide a short description of your idea for investors to understand why should they invest in your business. Guideline: • WHAT IS THE SCOPE OF THE IDEA

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