Application

BASIC APPLICATION QUESTIONS

Students must speak to the following topics about their business in short-answer responses. This section will serve as the Executive Summary to a team’s application.

• Business description
• Problem this business is addressing
• Customer segment this business addresses
• Potential market size
• Competing or substitutable products
• Why is this the right team to launch this business?
• Current status of the business and/or estimated time to market

FEASIBILITY SUMMARY

Students must develop a 8-page feasibility summary outlining a business or idea. Common elements of a feasibility summary include: value proposition, customer segments, competition, intellectual property, customer engagement, revenue model, cap table, operations, management team, progress to date, business risks, and business analogues.

Formatting:

• 10-12 pt legible font
• 1 inch margins
• 8-page maximum (judges are not expected to read any appendices)

PITCH VIDEO

Students must create a 2-minute elevator pitch video articulating the following.

• What problem are you solving?
• What is your solution?
• Who is most interested in having this problem solved?
• What evidence do you have that they will find value in your solution?
• Why are you the team to solve this problem?
• How will the New Venture Challenge enable you to reach your goals?

We will not share this video outside of the selection committee. Emailed videos will not be accepted. Videos should be landscape (horizontal – 16:9) and in .MP4 format (edited) 

CAP TABLE

A Cap Table detailing equity split is required to be uploaded to the application.