V-QUAD.ETAP - Empowering Entrepreneurs with Technical Assistance Program
ABC Company
John Entrepreneur
Title
Contact Information
Start with a “hook” Example: “I’m sure all of you have experienced the frustration of
not being able to talk to a person when you call a helpline for assistance. Even
worse, is when you do reach someone, but they … … As a result of our proprietary
new product, this problem will no longer exist…”
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•
Start with a hook to grab the reviewers’ attention on the cover sheet
•
Provide company/business/team overview
•
Identify the problem your technology is proposing to solve
•
Identify the market potential for your technology
•
Technical Assistance Request
•
Proposed Budget
•
Potential University Partner
•
End with bulleted summary, include call to action
•
Use graphics where you can replace words
•
This is only a guide, feel free to change up anything in this template to make it your own.
•
You may provide additional documentation as instructed in the application packet.
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3
Company Overview
•
Provide a descriptive, but succinct statement about your
business and your technology
•
Identify key members of your Management Team
especially those will interface with a given university for
the proposed scope of work. (You may include relevant
resumes as additional attachments by uploading to the
V-Quad website)
4
Problem Identified
•
What is the problem/pain point for your target customers?
•
What’s happening in the market that makes your solution a good
opportunity to ease that pain point?
•
How big is the Market for this?
–
Total Size
–
Chart: Market or Niche area, growth $/Year next 2-3 years
–
Global or Niche market?
•
Market % targeted
5
Your Product/Solution
•
Describe Product
–
Benefits to end user/ benefits that other solutions don’t offer-
uniqueness
–
Attributes/Features
•
Where are you in the development phase?
–
Idea, prototype, pilot process
–
What have you already done?
•
Do you have Intellectual Property to Protect/ anything proprietary?
What is your competitive edge/differentiation?
•
What/Who are your competitors?
•
What is their respective market share?
•
How will you maintain your competitive advantage?
6
Go To Market Strategy and
Revenue Model
•
List current or potential customers
•
Describe your strategy for acquiring new customers and
keeping existing ones
•
What are your channels to market? How will customers
find you?
•
Business or Revenue Model
–
Single Product sales? Or License model? Subscription? Other?
–
Show revenue and profit growth forecasts for next 3 years (A graph is helpful in this case)
7
Technical Assistance Request
Specific Issue to be resolved:
Explain the technical challenge that is a barrier you
are facing that is preventing you from bringing
your product or service to market.
Explain the type of services you are seeking to
overcome that challenge
8
Technical Assistance Request
Specific Issue to be resolved – use additional slide
if needed
9
Proposed Tasks, Associated Timelines
and Use of Funds
10
Potential University Partner
University Name:
University Center/Department:
Faculty Member Name:
11
Summary
•
Emphasize Your Competitive Advantages
•
Re-state Market Potential
•
Re-state Financial Opportunity
The hook: Instead of starting with “Hello, my name is ___ and I’m with ____”, start with a good hook. Do the hook on this slide where there are no distractions, and the reviewer can connect to “the problem” quickly.
Use minimum 12 point font
Upload Power Point file on the MDA website
https://mississippi.org/entrepreneurship/vquad/
Microsoft Word and PDF formats are also acceptable.
V-QUAD.ETAP offers a comprehensive application outline for entrepreneurs seeking technical assistance. The company overview, problem identification, market potential, and product solution are outlined with a call to action at the end. The program aims to support entrepreneurs in solving market pain points and gaining a competitive edge.
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Presentation Transcript
V-QUAD ETAP ABC Company John Entrepreneur Title Contact Information Virtual Quad Entrepreneur Technical Assistance Program Application Start with a hook Example: I m sure all of you have experienced the frustration of not being able to talk to a person when you call a helpline for assistance. Even worse, is when you do reach someone, but they As a result of our proprietary new product, this problem will no longer exist
V-QUAD ETAP Application Outline: This slide deck is not meant for an oral pitch. Use minimum 12 point font for text other than slide headings Start with a hook to grab the reviewers attention on the cover sheet Provide company/business/team overview Identify the problem your technology is proposing to solve Identify the market potential for your technology Technical Assistance Request Proposed Budget Potential University Partner End with bulleted summary, include call to action Use graphics where you can replace words This is only a guide, feel free to change up anything in this template to make it your own. You may provide additional documentation as instructed in the application packet.
Company Overview V-QUAD ETAP Provide a descriptive, but succinct statement about your business and your technology Identify key members of your Management Team especially those will interface with a given university for the proposed scope of work. (You may include relevant resumes as additional attachments by uploading to the V-Quad website) 3
Problem Identified V-QUAD ETAP What is the problem/pain point for your target customers? What s happening in the market that makes your solution a good opportunity to ease that pain point? How big is the Market for this? Total Size Chart: Market or Niche area, growth $/Year next 2-3 years Global or Niche market? Market % targeted 4
V-QUAD ETAP Your Product/Solution Describe Product Benefits to end user/ benefits that other solutions don t offer- uniqueness Attributes/Features Where are you in the development phase? Idea, prototype, pilot process What have you already done? Do you have Intellectual Property to Protect/ anything proprietary? What is your competitive edge/differentiation? What/Who are your competitors? What is their respective market share? How will you maintain your competitive advantage? 5
Go To Market Strategy and Revenue Model V-QUAD ETAP List current or potential customers Describe your strategy for acquiring new customers and keeping existing ones What are your channels to market? How will customers find you? Business or Revenue Model Single Product sales? Or License model? Subscription? Other? Show revenue and profit growth forecasts for next 3 years (A graph is helpful in this case) 6
V-QUAD ETAP Technical Assistance Request Specific Issue to be resolved: Explain the technical challenge that is a barrier you are facing that is preventing you from bringing your product or service to market. Explain the type of services you are seeking to overcome that challenge 7
V-QUAD ETAP Technical Assistance Request Specific Issue to be resolved use additional slide if needed 8
Proposed Tasks, Associated Timelines and Use of Funds V-QUAD ETAP Task Description Task Timeline Cost 9
V-QUAD ETAP Potential University Partner University Name: University Center/Department: Faculty Member Name: 10
Summary V-QUAD ETAP Emphasize Your Competitive Advantages Re-state Market Potential Re-state Financial Opportunity 11
