Advances’ Idea Accelerator - Business Idea Form
Please complete this form by giving a brief answer to each question, as it provides key information about
your business idea required for entry onto the Advances Idea Accelerator.
Section A - Your name(s)
Status
(please mark with an ‘X’ or tick as appropriate):
Undergraduate student
Postgraduate taught student
Postgraduate research student
Alumnus / Alumna
Visa required
Staff
None of the above
Section B - About your idea
Business details
Please complete if applicable
Company Name
Date Registered
What is your business idea?
Please describe your product or service
Business problem
What problem is your business aiming to solve?
Target market
Who are your target customers? How big is your market? Who are your competitors? What is your USP?
Generating demand
How are you going to generate demand for your product or service?
Business model
Please describe how you intend to price and distribute your product or service
Team
Are you working alone or as part of a team? If the latter, please describe the roles of the various team
members?
Funding and resource requirements
How will your venture be funded? How much funding do you need? What else do you need to get your
business established?
What progress have you made so far?
What are you looking to get out of the Advances’ Idea Accelerator?
Data Protection: By submitting this form, you consent to the UCL holding and processing your data for the purposes
of assisting in the development of your business idea. Unless you have told us otherwise, we will also put your
details in our contacts list. This data will be held and processed in accordance with the Data Protection Act 1998 and
will not be retained for any longer than is necessary.
FOR OFFICE USE ONLY
Date
Owner
Notes