Startup Pitching.docx

Product: define in one sentence- people get to try new clothes for free; citymappertransport app Unmade- fully customised garments on standard knitting machines (efficiency problem) What problem is it trying to solve? How do you present: designs/demos/MVP not necessary if early, but if you bring they’d evaluate Which kind of products- revolutionise hawker centre/food court!!!!!! New take on existing product- How Is it different? Vs compare with competitors- different version of existing product Is there a market for it then? New for this market- how to build barriers of entry to your market; how quickly can you scale Completely new- why is it not there yet? Anything breakthrough happened recently? Big companies have done some kind of research for such a product of course there will be a market for the device if applied Biz modelCosts and revenue coming from? How does it make money- what kinda model? clear assessment criteria needed Scalability- market size; barriers of entry (how hard it is to get inside) Cost of acquisition Industry sales cycle TeamBusiness person, preferably with industry knowledge; Tech partner, eg. developer/engineer if involves new product in charge of sale/biz dev discuss rules: HR changes, spectrum of roles, failures and success startup bootcamp

Clarity; passion; leave a space for everyone to talk a little… during Q*A Which challenges would you encounter: Bad answers: Hiring talented people/ raising capital Good answers specific to your idea/product: Cost of acquisition of new users + advertisement FDA/MHRA approval Why did you choose this program? How did you come with your cost/avenue estimates: senior start-ups, higher-ups working on the marketing Personal funding in a plus point if the company has already gone through one round and received some personal funding 1. Incubator and accelerator- residential program, intensive camps; give a basic fee in exchange for 7% equity; also programs without equity. Certain/many incubators are associated with business angels and some do a transition over to business angels so some go to incubators for angels network University incubators MAY OR MAY NOT be more academic Some are more particular about industry knowledge Quite a lot of limitations… but another easier solution: Crowdfunding- raise money direclt from public. Necessary 10-30% of funding round from someone Live product better Simpler to explain to public 2. Early stage VC: pay more attention to biz model and financial info; check activity on crunchbase Industry players- shy away from pdt that disrupt markets Angels/wealthy kids- check their backgd- eg. wants to see money everyday

How to choosePdt Network Location Conditions- Equity, Debt? which one is better for the future of compant

Talk with them to check on office hours and etc Eco – supporting system?

Minimally viable product; minimal feature set; people would buy it