Full Process:
From Application to
Finalization
Stages Description
1. Application: fill out and submit an application
2-6 weeks
2. Deliverables: prepare and submit a business case and a presentation
4-6 weeks
3. Presentation: present to the expert board of Noosphere Nest
1-2 weeks
4. Planning: develop a step-by-step plan for your project’s execution
4-6 weeks
5. Implementation: full execution of the project until a public launch
TBD
6. Finalization: project long-term exit
TBD
Stages Progression
This diagram explains how the success of each stage affects the rest of the process.
Accepted
Accepted
4 &
1
2
3
Submit
Application
Develop
Deliverables
Present to
the Board of
Experts
Rejected
Rejected
5
Develop a
plan,
receive
resources,
and execute
6
Present
results and
finalize next
steps
Stage 1 - Application
To do
2-6 weeks
We will
•
Fill out the application form “Noosphere
Nest Application Form.docx”
•
Review your application within 2-6
weeks from the submission date
•
Email your application to
nest@noosphereventures.com
•
Email you our decision
•
If your project is approved, you can
proceed to Stage 2. Deliverables
Stage 2 – Deliverables
To do
•
•
4-6 weeks
We will
Prepare deliverables:
•
Business case
•
Presentation
•
Pair you with a Nest Coordinator
•
Your Nest Coordinator will help you
prepare by providing:
Submit deliverables to
nest@noosphereventures.com
•
•
Document templates
•
Presentation training
•
Advice and guidance
Schedule your Presentation for the
Expert Board
Stage 2 – Deliverables
Description
What
Length
Format
Purpose
Business case
20-30 pages
Word document
•
•
Describes your project in detail
Used for due diligence
Presentation
10-15 slides
PDF or PPT
•
•
Your main pitching tool
Focused on brief and clear
presentation of your project
Stage 2 – Deliverables
Section
Description
Business Model
•
•
•
•
•
•
Vision, mission, and values
Value proposition
Target markets
Business model
Marketing plan
Key resources and activities
Financial Analysis
•
•
•
•
•
Breakeven analysis
Sales scenarios and projections
Capital spending
Operating costs
Funding requirements
External Environment
•
•
•
•
The economy
Market analysis and key trends
Competitor analysis
Competitive advantages of the business
model
Implementation Roadmap
•
•
Milestones
Roadmap
Risk Analysis
•
•
•
Limiting factors and obstacles
Critical success factors
Specific risks and countermeasures
Business Case
Templates
Use business case
and financial
templates, and
business model
canvas template
provided by your
Nest Coordinator
Stage 2 – Deliverables
Presentation
Slide Number
Content
#1 Cover
Project info: project name, leader’s name and contact information
#2 Problem
Customer problem stated in economic terms
#3 Solution
Solution: how and why it works, the value provided to the end customer
#4 Market
The description and the size of the market
#5 Distribution
Distribution channels, service, support
#6 Business Model
How you will make money
#7 Competition
Who else solves problem and how they stack up
#8 Team
Key players, relevant background, why this team is right for this project
#9 Milestones
Describe the main milestones and what financial results will be achieved in each
#10 Financials
How big, how fast, cash needed, key assumptions
#11 - #15 (keep to as
few as possible)
Product roadmap
Stage 3 – Presentation
To do
•
•
15 minutes
We will
Once your Presentation is
scheduled, practice with your
Nest Coordinator
•
The Experts Board will listen to your
presentation and ask you questions
•
You will be evaluated based on the
presentation content, presentation and Q&A
delivery effectiveness
•
Within 1-2 weeks, you will hear back with the
decision
•
If you are accepted, you can proceed to
Stage 4. Planning
The presentation format:
•
Presentation: 10 minutes
•
Q&A: 10-15 minutes
Next Steps
If you received a favorable decision after your Presentation to the Experts Board (Stage #3) , you
will now:
•
•
•
•
Receive Funding
Receive Resources and guidance
Get help from a Nest Mentor
Execute your project
Congratulations!
If your project was not accepted, the Expert Board will provide a detailed explanation.
We thank you for your participation and hope to hear from you again in the future.
Stage 4 – Planning
4-6 weeks
To do
We will
•
Build your team
•
•
Define your development process
•
Create and confirm project plan
•
Formalize cooperation with us by
signing an agreement
Provide consulting in all areas:
•
•
•
Planning, estimation, and development
process
Recruit your team:
•
By using our specialists pool
•
By hiring needed staff
Prepare an agreement and sign it with you:
•
Agreement authorizes project scope,
project plan, funding amounts, terms and
conditions
Stage 5 – Implementation
TBD
To do
We will
•
•
Provide work space
•
Interact with you via your Nest Mentor:
Implement your project:
•
Manage project
•
Report the progress
•
Present intermediate
results / milestones
•
Provide consulting in all areas
•
Grant access to our knowledge base
•
Grant access to our technological platform
•
Fund your project as agreed
•
Maintain and audit your project
•
Connect you with investors
•
To confirm changes in your project
•
To make important decisions about your
project
Stage 5 – Implementation
TBD
TBD
During the implementation stage:
•
Weekly meetings with your Nest Mentor
•
Based on your requests, we will connect you with mentors
•
You can request additional resources
At each milestone:
•
You present your results
•
Your Nest Mentor evaluates your project
After each milestone you and your Nest Mentor together:
•
Perform SWOT analysis and send report to investors
•
Perform risks analysis and update risks section in the project plan
•
Make decisions about possible changes and reflect changes in the project change log
•
If necessary, send change request to investors for approval
Stage 6: Finalization
TBD
TBD
•
Once the plan is completed, you present your finished project to the board of investors
and experts
•
Your project is checked against:
•
•
How achieved goals correspond to the planned ones
•
How the actual expenses correspond to the planned ones
•
How real dates correspond to the planned ones
•
How your project performed compared to the original plan
The investors make decision about finalization options and possible further cooperation
Stage 6: Finalization
TBD
TBD
Successful exit from Noosphere Nest:
•
Project operates as newly created company, and partnership continues outside the
Noosphere Nest scope
•
Team members can be moved out of Noosphere Nest into the new company and
continue as employees/co-founders
Trial operation inside Noosphere Nest:
•
New funding must be negotiated
•
New project must be starting from the planning stage
Rework with/without additional funding:
•
Rework must be reflected in the project plan
•
New milestone must ne defined
Project and/or idea failed and closed
Guidelines for Applicants
•
Think “outside the box”
•
If you are submitting a new idea, assess it using financial projections and
comprehensive market research
•
If you are submitting an idea that has been done before, prove that you can do it
better
•
Think of ideas that have a definite path for growth and exit
•
Think of ideas that that can scale quickly with a minimum resource and other costs
•
Good luck! 