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Idea Execution Document for Making the Elevator Pitch

Idea Execution Document for Making the Elevator Pitch. Entrepreneur’s Unique Registration Code: Entrepreneur Name: Email id: Mobile number:. Guidelines. This is a sample format provided by The Power of Ideas for evaluation.

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Idea Execution Document for Making the Elevator Pitch

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  1. Idea Execution Document forMaking the Elevator Pitch • Entrepreneur’s Unique Registration Code: • Entrepreneur Name: • Email id: • Mobile number:

  2. Guidelines • This is a sample format provided by The Power of Ideas for evaluation. • Each idea/venture has its own Unique Selling Points (USP) and you should highlight the USP in the pitch. The Power of Ideas does not recommend use of one standard format for presentation for all ventures. • We however believe that the key points mentioned in this template are crucial and should be detailed in the Pitch. • The Pitch should be no more than 3 minutes in length and should get the listener interested in your business. The time limit will be adhered to strictly. • This document when submitted should not exceed 5MB in size. • You are required to submit a MS PowerPoint file in the same format for the Evaluating Panel’s reference. • Remember to name the PowerPoint file with the Unique Registration Code (URC) given. • Please note that the submission deadline of midnight, Sep 6 will be implemented strictly. 2

  3. Define the company/business in a single declarative sentence 3

  4. Company Profile • Team profile • Name and contact details of your company • Current revenues & key customers/markets 4

  5. Need • Describe the needs your business idea is trying to fulfill. How are these needs met currently? • Who are your target customers? What is the market potential? 09/04/10 5

  6. Value Proposition • Describe your offering • How does your offering solve the problem? Case study Present a scenario of how the product service would be used by the customer and the benefits that the customer would enjoy 6

  7. Competition • List your competitors and their offerings • How is your solution better than that of the competitor’s? 7

  8. Business Model • How do you plan to make money? • How will you price your product/service? • How will you reach out to your consumers/deliver your product to them? • What are your funding requirements? 8

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