Presenter’s Name [Optional Co-Authors’ Names] Korean-American Scientists and Engineers Association Business Venture Challenge Young Generation Technical and Leadership Conference January 6-8, 2012, Embassy Suites Hotel, San Francisco, CA Company Purpose Executive summary What’s new in your proposal? What is the purpose of your company proposal (max 2 sentences) Ex) Our company will be the best at providing this <service/ product> to this <customers/ users> through this <solution>. Ex) Our company will be the best at providing ice cream to children through this iphone apps to tell them where the nearest ice cream truck is. 2 Problem Describe the pain of the customer or statement of need Ex) Children run around in circles looking for ice cream trucks, and get hit by cars 3 Solution Demonstrate your company’s value proposition to make the customer’s life better Ex) Service to show them where ice cream truck is Show where your product physically sits Ex) Mobile app on iPhone Provide an example of how you would use solution 4 Why Now Define recent trends that make your solution possible Ex) Smart phones are now ubiquitous and affordable Ex) Warmer summers lead to increased ice cream sales 5 Market Size Identify/profile the customer you cater to. Ex) Children Ex) Parents with children 6 Competition Outline how the customer addresses the issue today Ex) Children listen for the music of ice cream truck Ex) Children constantly bug their parents to buy ice cream at the supermarket 7 Product Product characteristics including form and function Ex) Mobile app software, ice cream truck infrastructure 8 Business Model Revenue model, pricing, sales and distribution, etc. Ex) $1 onetime download price Ex) Sold on Apple App store 9 Team Founders and management and key players Ex) I am the CEO and my partner is the CTO 10 Financials Profit & loss statement, balance sheet, etc. Ex) Summarize here 11 Conclusion Summary of all of the previous slides 12