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B-Sense Submission criteria PDF Print E-mail
Written by Administrator   
Tuesday, 05 February 2008

For the open submission process (deadline February 13th 2008) students will submit an Executive Summary of business proposition in 1000-1500 words. Numbers contained in financial tables or statements will not be counted in the word count; all attachments are included in the page count.

Below is a suggested template for students to use when developing their Business Plan.

    Proposed Product/Service:

·    Description of value proposition and features.

 

 

    Target Market:

·    Does the product/service address the market needs?
·    Who is the target customer?
·    Estimated size and value of market (current and projected).

 

 

    Competitive Landscape:

·    Overview of competitive landscape.
·    Describe the intellectual property associated with the business.
·    What are your competitive strengths?
·    Describe your competitors' strengths and weaknesses.
·    What are the barriers to entry?

 

 

    Execution Plan:

·    Current status of project (i.e. design, prototype, etc.)
·    Amount and uses of initial funding required.
·    3 year financial projections.
·    Milestones for the next 6-12 months.
     Risk Analysis:
·    Describe any risks/challenges inherent in the proposed plan
·    How do you intend to counter this?
    Revenue Model:
·    How does your company plans to generate revenue

 

Last Updated ( Thursday, 07 February 2008 )
 
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