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Introductory slides
 

Introductory slides

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Dave Jarman's introductory slides for the Business Masterclass event

Dave Jarman's introductory slides for the Business Masterclass event

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    Introductory slides Introductory slides Presentation Transcript

    • Business Master-class 2011
      Dave Jarman – enterprise skills & education manager (red)
    • Today’s event
      A quick reminder of the competition format
      5:50pm-6:20pm: Workshops 1
      James Room: Martin Coulthard (BEN) – Strategic advantage
      White Room: Sean Jauss (Osborne Clarke) – Intellectual property
      Cabot Room: Clive Stevens (Euronova) – What to look for in an angel investor
      6:30pm-7:00pm: Workshops 2
      James Room: Mark Sage (Orange) – Mobiles & applications – strategy & marketing
      White Room: Greville Commins (SETsquared) – Market & competition analysis
      Cabot Room: Katy Turner (Eden Ventures) – Securing funding
      7:10pm-7:40pm: Workshops 3
      James Room: Richard Churchill (ITFin) – Finance basics for start-ups
      White Room: Ray Crispin (RED) – Pulling numbers from thin air
      Cabot Room: Sarah Bale (SimpleWeb) – Marketing without a budget
      Philip Fowlesfrom OutsetFinance will be around throughout the evening
    • NEC 2011
      Closing date for submissions: 11th Feb
      Announcement of Finalists: 23rd Feb
      Finalists’ submission date: 7th May
      Finalists’ presentations: 11th May
      Enterprise Dinner: 28thJune
      Open to students, staff, and recent graduates
      Entry form available online: www.bris.ac.uk/red/newco/competition
    • The Judge’s Criteria
      The judges will be looking for you to demonstrate:
      A good understanding of the market for your product or service and why the value proposition will be attractive to the customers
      The potential for profitability and high growth
      Products or services that will have a sustainable competitive advantage
      A viable plan for launching the enterprise
      A team that has the potential to make the plan work
    • Frequent Failings & Secrets of Success
      Failings:
      Baffling summary – “but what does it actually do?!”
      Lack of market awareness – poor research
      No barriers to entry for competitors
      Creates insufficient value (financial or social)
      Team lacks experience
      Delusions of grandeur – unsubstantiated claims
      Absence of critical information
      Successes:
      Clear, concise summation
      Evidence of research into market
      Proof of market opportunity
      Protectable market
      Clear value proposition
      Experienced team
      Evidence
      Self-Awareness
      Commercial Awareness
      Check the basics – get others to check it before submitting it!
    • Useful Links
      www.bris.ac.uk/red/newco/competition
      Business Advice Surgeries: www.bris.ac.uk/red/newco/advice/surgeries.html
      Basecamp:
      www.businessbasecamp.co.uk
      Twitter: @BristolBasecamp
    • “The man with a new idea is a crank until the idea succeeds.”
      Mark Twain
    • Good luck!
    • Today’s event
      5:50pm-6:20pm: Workshops 1
      James Room: Martin Coulthard (BEN) – Strategic advantage
      White Room: Sean Jauss (Osborne Clarke) – Intellectual property
      Cabot Room: Clive Stevens (Euronova) – What to look for in an angel investor
      6:30pm-7:00pm: Workshops 2
      James Room: Mark Sage (Orange) – Mobiles & applications – strategy & marketing
      White Room: Greville Commins (SETsquared) – Market & competition analysis
      Cabot Room: Katy Turner (Eden Ventures) – Securing funding
      7:10pm-7:40pm: Workshops 3
      James Room: Richard Churchill (ITFin) – Finance basics for start-ups
      White Room: Ray Crispin (RED) – Pulling numbers from thin air
      Cabot Room: Sarah Bale (SimpleWeb) – Marketing without a budget
    • Past Winners
      2009 First Prize: £15,000
      Snap Fashion
      Jennifer Griffiths, (Undergraduate, Computer Science)
      Snap Fashion is an online search facility that allows you to find similar fashion items by simply uploading an image.  It can be described as a sophisticated price comparison website for clothing.
      A user will visit the Snap Fashion website and upload an image of an item of clothing that they have found, be it a top from Harvey Nicols, or a dress worn by Cheryl Cole.  Snap Fashion will then apply image processing algorithms to the image in order to return similar items from the Snap Fashion database within a matter of seconds.  The user will be presented with lists of similar items, both in clothing style and in pattern.
    • Past Winners
      2009 Joint Second Prize: £10,000
      Shamba Technologies
      Edward Matos (Undergraduate, Department of Engineering Mathematics)
      Shamba Technologies have developed a social enterprise that will disseminate bio-digester technology amongst the rural poor of developing countries.  There are 2.6 billion people around the world who collect firewood every day as fuel for cooking and heating.  In Africa alone, more than 400,000 people, mostly children, die every year from acute respiratory infections caused by inhaling smoke in the home.
      The bio-digester technology will capture fuel from the bacteriological digestion of livestock excrement and has the potential to replace firewood as rural Africa's fuel of choice.
    • Past Winners
      2008 Second Prize: £10,000
      DocCom Solutions
      Dr Jonathan Bloor & Dr Jonathon Shaw (Staff, UBHT)
      DocCom was founded in July 2007 by two doctors to provide web delivered communication systems for medical staff in the healthcare sector. Their application, DocCom PORTAL can save hospitals hundreds of thousands of pounds per year and at the same time, improve patient care.
      Compelling market research has shown that 90% of Medical Directors of Acute NHS Trusts cannot communicate effectively with their Doctors. This is due to the mobile nature of this workforce and the complicated structure of the NHS.
      DocCom PORTAL enables NHS organisations to manage and track the communication of critical information. The application also creates a professional network for medical staff within and across NHS organisations so they can communicate effectively. The company has an NHS Trust as a minority shareholder and their first NHS contract.