G2G Going Global
is an initiative of JITO, dedicated towards fostering entrepreneurship and
providing an opportunity for global networking.
‘Pitch Your Business Plan’ is a competition for entrepreneurs to
present their business plan, receive feedback and mentoring along with an
opportunity for funding. This
competition will be one of the highlights of the G2G Going Global 2016, International
Business Conference.
Objectives of ‘Pitch Your Business Plan’ Competition:
·
To promote
entrepreneurship
·
To focus on
scaling-up of start-ups and early stage ventures
·
To provide funding
opportunities by investors and venture capitalists
·
To offer mentoring
from investors and serial entrepreneurs
·
To connect to domain
experts
Eligibility Criteria:
The competition is
open to participants from all around the world with ideas and/or start-ups or
early stage ventures.
Submission Deadlines
Non US Based Applicant Deadlines
|
US Based Applicant Deadlines
|
|
Application Submission Deadline
|
August 7th, 2016
|
August 25th, 2016
|
First round winner notification
|
August 17th, 2016
|
|
Final Presentation Round
|
September 18th, 2016
|
How to make submissions:
1.
Email jitog2g@jito.org of
your interest in competing in the “G2G Business Plan Competition” to receive
business plan templates. Be sure to
include your contact information in the email.
2.
Email the completed
business plan presentation in the standard format to jitog2g@jito.org as per deadlines above.
3.
A panel of judges
will select the top five business plans for the final round. An email will be
sent to notify winners of the first round.
4. The top five winners* will present their plan at the G2G
Going Global 2016 Conference in Santa Clara, California on September 18, 2016.
*Please note that top five finalists will be responsible for
their own travel, visa & accommodation arrangements.
Judging Guidelines and Criteria
The business plan will be evaluated
using the criteria below. Each criterion will be scored on a scale of 1 to 5,
with 5 being the best. The maximum
score possible is 40 pts (5pts/section x 8 sections).
Criteria
1. Problem or
Need
The problem or need is real; customer has significant
pain or has large unfulfilled needs
2. Target
Market
Target market is large and/or growing, or is a high
priced niche. Customer is well defined
3. Solution
Better, Faster, Cheaper, Simple vs. Complex, Quality,
Efficient, Convenient, Focused
4. Team, Board,
Advisors
Industry knowledge, skills, leadership, relationships,
key successes, or failures
5. Traction
Milestones, MVP built, Market validation, Key success metrics,
User/revenue growth, Partners, prior valuation, any current investors
6. Competition
vs. Competitive Advantages
Direct vs. indirect competition, Barriers to Entry?,
Patents?, Partnerships?, Investors?
7. Business Model
Clear revenue model? Sales cycle? ARPU? Life-Time
Value? Recurring or one-time? Scalable,
Key Expenses / Time Efforts, Cost: to acquirer/maintain customer, to provide
product / service, of people, partnerships
8. Financial
Projections
Based on # customers / units, Reasonable market penetration,
Realistic margins, Is Scalable
For further information, contact jitog2g@jito.org
Download Templates:
Pitch Your Business Plan Competition - Information - https://goo.gl/iW1UKm
Pitch Your Business Plan Competition -Presentation Content Help
- https://goo.gl/vb2bvq
PowerPoint template - Pitch Your Business Plan Competition
- https://goo.gl/2qkcZX