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8/8/2019 Finalist Meeting
1/13
DRAFT
MassChallenge
Finals Logistics andMentorship
John Harthorne john@masschallenge.org
Akhil Nigam akhil@masschallenge.org
8/8/2019 Finalist Meeting
2/13
MassChallenge, Harthorne&Nigam
Agenda
1
Finals Logistics Dates and Format
Mentorship - Update
8/8/2019 Finalist Meeting
3/13
MassChallenge, Harthorne&Nigam
October 11th Oct 18th will be judging week
2
Date Key milestone
Sept 20 Sept 24
Demo Days
October 11-
12
Pre Judging All 111 teams pitch
October 15
October 18 Final Judging 26 teams (13 each day) present
Oct 21 Final Award Ceremony. 10-20 companies awarded
8/8/2019 Finalist Meeting
4/13
MassChallenge, Harthorne&Nigam
Demo Days
3
Purpose
Dates and Times
Format
Allow companies to practice pitching before finaljudging.
Open House - Connect with customers, othermentors and investors. Demo products.
Sept 20 Sept 23 (evenings) - Pitch days Sept 24 Open House; Fan Pier
Pitch days 3 minute pitch in front of audienceand streamed on the web collect feedback online
Open House Public invited. Big Science Fair people can walk around and meet companies
8/8/2019 Finalist Meeting
5/13
MassChallenge, Harthorne&Nigam
Pre-judging
4
Purpose
Dates and Times
Format
111 companies pitch to a panel of judges 26 selected to move on to final judging
Oct 11 and 12 All Day
Similar to 2nd round of judging 10 minute pitch, 10 minute QA Submit the following in advance:
Brief 2 pager regarding your company Your pitch deck
8/8/2019 Finalist Meeting
6/13
MassChallenge, Harthorne&Nigam
Final Judging
5
Purpose
Dates and Times
Format
26 companies pitch in front of panel
Oct 15th and Oct 18th
5 Minute pitch, 5 minute QA Submitted in advance:
Brief 2 pager regarding your company Your pitch deck Feedback from pre-judging
8/8/2019 Finalist Meeting
7/13
MassChallenge, Harthorne&Nigam
Final Ceremony
6
Purpose
Dates and Times
Format
Big Award show with media, PR, high levelspeakers
Oct 21st 4PM 5:30PM Networking hrs Oct 21st 5:30PM 8:30PM - Ceremony
26 companies pitch 3 minute per company Final awards announced and awarded
8/8/2019 Finalist Meeting
8/13
MassChallenge, Harthorne&Nigam
Judging criteria
7
Compelling visionand impact
Sustainability andscalability
Asset and position
What impact are you targeting?
Why is your business model the right approach? Is it scalable and sustainable?
What progress have you made? Are you executing against your goals? What have you accomplished in the last 3 months?
Execution:Progress to date
Are you positioned to win? What assets give you a competitive advantage?
Team, IP, partnerships, etc.
8/8/2019 Finalist Meeting
9/13
MassChallenge, Harthorne&Nigam
Agenda
8
Finals Logistics Dates and Format
Mentorship
8/8/2019 Finalist Meeting
10/13
MassChallenge, Harthorne&Nigam
Mentorship: Goals
9
Mentorship Goal
Help you create great companies
by enabling ACCESS to key resources from the ecosystem to catalyze growth
8/8/2019 Finalist Meeting
11/13
MassChallenge, Harthorne&Nigam
Mentorship: Goals
10
One MESSAGE
URGENCY YOU SHOULD GET YOURMENTORS NOW!
Be sure you are using the latest mentorbook
I have office hours 4-5PM everyday
8/8/2019 Finalist Meeting
12/13
MassChallenge, Harthorne&Nigam
Mentorship program: Some thoughts
11
Mentors Are here to help you build great companies through:
Strategic advice
Relationships and connections
Focus on key next steps Top 3 things you should be doing
Credibility
They are confidants be open for help.
Mentors will not play a role in final judging. They will help you get you to bea better candidate for the final judging.
Focus on building a great company and not the final judging
Mentors should not be looking for jobs, equity or clients. It does notpreclude you from having them as investors, employees or clients IFYOU DECIDE TO HAVE THEM.
8/8/2019 Finalist Meeting
13/13
MassChallenge, Harthorne&Nigam
Mentorship program: Meeting Best Practices
12
Mentors BE PROFESSIONAL. HOW YOU HANDLE THE MEETING ALSO GIVES
INSIGHT INTO HOW YOU RUN YOUR COMPANY
Recognize that these are busy people, so leverage your time on the mostcritical issues
Have an agenda beforehand and optimum results and decisions to be madebefore hand
Always walk away with key next steps
Do not be afraid to ask for intros
People dont want problems they also want possible solutions it showsthat you have done some thinking. Remain at cause.
Be open for help. Your business will go under scrutiny and they will asktough questions
Always send a thank you note and a summary of the meeting
We will also ask you to rate the meeting
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