Team Application

Application deadline:  March 14, 2014

Name of team/company:

Submission category: (Reviewers reserve the right to reassign the category.  Teams will be notified if they are assigned to a different category.)

Business and Business Model

1. Structure:  What is your organizational structure?

2. Value Proposition:  What is the company's key value proposition? (e.g. lowest cost, highest reliability, best performance, etc.)?

3. General Description:  What is your business model?  Describe how your business makes money and how it will assure great and long term profits for the future.

Product/Service

1. What is your product/service offering?

2. How does your product/service work?  Define and quantify key benefits to customers. (e.g. cost, performance, technical, etc.) for customers.

3. Where is the product/service  in its evolution (e.g. idea/conception, proof of concept,  fully tested prototype, etc.)?

Competitive Position

1. Who are your competitors?

2. What makes you better than other companies currently  in the marketplace?

3. Is this competitive position sustainable?

4. How will you protect your proprietary information?

Markets

1. What markets and market segments are you targeting? How big are these markets and how can you sustainably capture them?

2. What are the key market barriers that will lend to your success?

Customers

Customers are the key to strong profits.  Who are the specific customers that you are pursuing or will pursue?  Do you have any letters of intent to purchase?

Name of academic institution:

Name of Company/Group

Name and Title of Presenter:

Address, City, State, Zip:

Phone:

Fax:

Email:

Email your application (no more than 2 pages long) to susan.scanlon@marist.edu.  Applications will not be accepted after March 14, 2014.

Rule Book

The New York Business Plan Competition (NYBPC) reserves the right to withhold prize money and/or in-kind services from winning teams who do not comply with the eligibility requirements.  In order to be eligible to apply for an dparticipate in the NYBPC, all teams must meet the following criteria:

  • Consist entirely of currently enrolled graduate and/or undergraduate students from accredited New York State colleges and universities
  • A faculty or staff member is required to be listed as an advisor for the team; offering guidance, support, and technical expertise
  • Students may not participate on more than 1 team each year of the competition
  • Cumulative public and private capital raised may not exceed $100,000
  • Student ownership of venture must be 100%

Presentation format

The presentation format for the regional semifinal and statewide final competitions is the same.  Each team will have 10 minutes to pitch, which will be followed by 5 minutes of Q&A with the panel of judges.  Judges are advised to act as they would in a closed-door boardroom investment presentation during the Q&A session.

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