Urban Innovation21 Hill District Innovation Zone - Grant Competition

Supporting Small Business Growth in the Innovation Economy

Start-Up BusinessSession 2 – Business Plan Summary

Research and Self Assessment Needs AssessmentWhat is my market? What is happening in the market?Is what is happening creating a need?Does my idea meet that need?

Personal AssessmentIs this the right time?Am I the right person?Is the right place?

Whether you think you can, or you think you can't- you're right.

— Henry Ford

Research and Self AssessmentNeeds Assessment IdeasLet’s talk about it… Survey Monkey…Beta Test…https://www.economy.com/freelunch/

Personal Assessment IdeasMoonlight…Shadow…Role Play…https://eweb1.sba.gov/cams/training/business_primer/assessment.htm

Questions and Answers

PlanningWhy you should plan

Risk / RewardPersonal and Business Assessment

Me, We, ‘nemAptitude - Training or Attitude - Passion

Business conceptR&DBlind Spots

Market feasibility / Financial FeasibilityEntry, Market Share, Innovation…Revenue, Cost to serve, Profit Margins…

If you fail to plan, you are planning to fail!

— Benjamin Franklin

Planning

Uninspired

Questions and Answers

The Elevator PitchWho I amWhat I have to offerThe problem I solveThe contributions my solution makeWhat I need from you…

… Excuse me, uhh… could you please, uhh…

— Chris Rock

Questions and Answers

Questions and Answers

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