Team # Week #2 Insert picture EL name (Entrepreneur Lead) Insert picture AL name (Academic Lead) Insert picture Mentor name (Mentor) Interviews Completed This Week: [insert number] Total Interviews Completed: [insert number] Problem to Solve • Which customer segment are you creating value for? • What customer pain/problem do you address? • What gain do you create for customers? Team # Lessons Learned Lessons Learned: Look at your interviews over the past 6 weeks in aggregate. • What have you learned about your customer segment? • What key features do your customers have in common? • What did your customers tell you about their problems? • Have you been able to confirm any specific value proposition hypotheses? • Include a direct customer quote if it is illustrative of what you learned. Iterate: • What are you going to do during your last week in I-Corps? • What do you still need to learn? What loose ends need tied up? Team # Market Research • What did you learn about your market and its features? • Define your TAM, SAM and target market by name. • What is the approximate customer base or value of your TAM, SAM and target market? • Are there any other features, like competitors, growth rate, or maturity that are of interest? • Feel free to insert charts, graphs or tables that you found useful. Team # Business Model Canvas Revise to reflect what you learned this week: • What customer need are we satisfying or what customer problem are we solving? • What value to we deliver to the customer? • Why will the customer choose our product/ technology over others? Revise to reflect what you learned: • Who does our technology create value for? • What traits do they have in common? • Have you found any customer segments that will not buy?