Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Basic Info

...

Venture College will be in close communication about logistics, guidance, and updates. The best teams will make the most use of their time by doing the following:

  1. Grow your business and build traction: Above all, use this time to get as much traction and validation as possible. Past winners have hit the boosters to go all-in and make business progress.

  2. Pitch Practice: Use Venture College as a resource to schedule pitch practices, review the pitch template, etc. Pitch to friends, professors, anyone who will listen to your pitch.

  3. Get Your Assets in Order: We will be asking for the following things -

    1. Your official business name

    2. Business logo

    3. Brief description of the business

    4. More detailed student info and pre-competition forms

    5. A quick 30 second video about your business (if you want to change the one from the application)

...

  1. Team Intro - Just needs your Business Name, Logo for a 10 second intro

  2. The Problem - Sell judges there is a problem worth solving - and why current products or companies haven’t solved it

  3. Your Service/Product - Explain what your service/product is or does, and the value it provides to customers.

  4. Market Opportunity: The whole world might need your product - but who really really needs it now. You need to thread the needle and show this could be a big idea but you are laser focused on a beachhead to launch the idea.

  5. Go-To-Market: On Slide 5 - you tell me a specific sub-segment who will love your business. Now you need to tell how you are going to market to them and launch the business through them.

  6. Revenue Model: How you make money ($35 one-time or $35/ a month per user) and any relevant costs (especially if you are a product based-business).

  7. Progress to Date: Sell the judges this isn’t just an idea. You have progress and traction.

  8. Next Steps: What are your next steps to grow the business. How could IEC funds help?

  9. Team: Brief overview on why judges should believe you are the team that can execute on your next steps and actually grow the business.

  10. Questions: - Simple slide to help you thank judges and open up for questions.

Finals Round Scoring Rubric

...

  1. .

...

Teams will be scored on the following criteria:

  1. How well do they understand and address the market and/or customer segment they are going after?

  2. Do they have any uniqueness or competitive advantages that would make them more likely to succeed?

  3. How much progress/traction have they demonstrated?

  4. Is their business model, including costs, revenue, and go-to-market plan convincing and probable?

  5. How likely is the team to launch their idea into the market?

  6. How was the overall quality of their pitch?

...

Pitch Deck Tips

Please note the following suggestions or tips:

...