Launching the Venture FINAL Application Due Sunday, Oct. 6, 2013, Midnight Page 1: Your Venture Name of Vent ure Patrick Verno n Testing Example Brief Descript ive Phrase (5-10 carefully chosen words describing your venture) This is just an example fo r do wnlo ad PDF Type of Vent ure Traditional (products, services, retail, wholesale, consulting...) IT/Web/Media (ecommerce, software, gaming hardware...) Social (education, health environment, sustainability...) Scientific (med. device, pharma, energy, materials...) Indust ry Check all that apply Advertising Business-to-Business Consumer Goods Education Fashion Financial Services Government & Non-Profits Healthcare Media & Entertainment Restaurants Retail Tech Travel & Tourism Other St age of Vent ure How far along are you? Which best describes your venture? An unresearched idea / not sure where to start An idea I've been investigating for weeks/months Made some progress, but no customers yet Beta customers only (non-paying) Some paying customers Other Time Invest ment How many hours would you estimate you and your team have spent on this venture already? Fewer than 25 hours 25-50 hours 51-100 hours 101-999 hours Over 1,000 hours Page 2: Team Information Team Liaison For purposes of Launch, the person filling out this application will be considered the TEAM LIAISON. Some communications may only go to the team liaison, who is responsible to communicate with the rest of the team. First Name Patrick Last Name Verno n Email pverno n@unc.edu PID 123412345 Dept., Major or School, Kenan-Flagler If Student, Year of Graduation n/a If Staff or Faculty, Title Clinical Asst. Pro fesso r Liaison UNC Af f iliat ion As team leader, you must be a founding member of the team and af f iliat ed wit h UNC. MBA Student Other Grad Student PhD Candidate Post-Doc UNC Staff UNC Faculty Undergraduate Student Other Team Member(s) Information Full Name First Member 2 Member 3 Member 4 Member 5 Member 6 This t eam is predominant ly LED by... Graduate Students Faculty, Staff, or Alumni Undergraduates A mixture Page 3: Long Answers Last Other Info Email Dept., Major or School 1- 3 Paragraph Descript ion Please write a 1- 3 paragraph description of your venture here. At UNC Kenan-Flagler, an entrepreneurial spirit is engrained in the scho o l’s culture. Since 19 9 7, the Center fo r Entrepreneurial Studies has o ffered students, staff and faculty the reso urces to identify and evaluate valuable entrepreneurial o ppo rtunities, as well as get co nnected to mento rs and co aches in o ne o f the natio n's mo st vibrant entrepreneurial ho tspo ts, Research Triangle Park (RTP). Key Insight What is the "key insight" that motivated you to start this venture? Please be brief, one sentence or a brief paragraph. What we're looking for is some context as to what is driving your pursuit of this venture at this time? This is at test. Please igno re the text! Problem Solved Describe the problem(s) being addressed by your venture. What are you solving? This is at test. Please igno re the text! Reactions to Problem Solved Share your idea with at least 5 people. Note key reactions below. This is at test. Please igno re the text! Compet it iors Who else tries to solve that problem and/or how do people "get by" now? Briefly describe your competitors and other alternatives to your solution. This is at test. Please igno re the text! Cust omers Briefly describe who you think your venture's customers will be. Specifically name some, if appropriate. Have you talked to any potential customers yet? This is at test. Please igno re the text! Progress Your progress to date (in 30 words or less). This is at test. Please igno re the text! Risks What do you perceive to be the top 3- 5 risks for this venture? This is at test. Please igno re the text! Siz e Describe the best- case scenario siz e of your venture in 5 years using any measure. This is at test. Please igno re the text! Help From? We encourage you to use your venture as a way to network and learn. We like to see you reaching out for assistance. Describe any help you have received so far, including classes, coaches, mentors, advisors, etc. List anyone who has helped. This is at test. Please igno re the text! Last Page: Int erview Availabilit y Team Interview If your application is accepted to Round 2 of the process, your team will be invited to interview with the instructor. Please check all times you are available. Minimum TWO teammates must come to the interview. Tuesday, Oct. 8, 8-9a Wednesday, Oct. 9, 2-3p Tuesday, Oct. 8, 9-10a Wednesday, Oct. 9, 3-4p Tuesday, Oct. 8, 10-11a Wednesday, Oct. 9, 4-5p Tuesday, Oct. 8, 11-12 Thursday, Oct. 10, 8-9a Tuesday, Oct. 8, 2-3p Thursday, Oct. 10, 9-10a Tuesday, Oct. 8, 3-4p Thursday, Oct. 10, 10-11a Tuesday, Oct. 8, 4-5p Thursday, Oct. 10, 11-12 Wednesday, Oct. 9, 8-9a Thursday, Oct. 10, 2-3p Wednesday, Oct. 9, 9-10a Thursday, Oct. 10, 3-4p Wednesday, Oct. 9, 10-11a Thursday, Oct. 10, 4-5p Wednesday, Oct. 9, 11-12 Any of the above Wednesday, Oct. 9, 1-2p