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Business Model Video

Weight
100%
Description
JUDGES: ONLY JUDGE THE THREE TEAMS YOU ARE ASSIGNED PER THE EMAIL YOU RECEIVED. The 3-Minute Video is an overview of your new venture through the use of the lean startup model.
Guidelines & information
Judging deadline
Apr 4, 2024 12:00 PM CDT

Rubric

Problem/Solution: A clear understanding of a problem is identified. The solution for that problem is explained and addresses the problem.
Market/Customer: The market is defined, and it is big enough to matter.
Value Proposition: It explains the benefit being provided to whom and how it will be done uniquely well.
Competitive Advantage: The business is aware of their competition and provides something unique that gives it a competitive advantage in the market place.
Revenue Model: It is explained how they will make money.
Cost: They cover their cost of doing business.
Team: The management team has the necessary background and abilities to create a business around the product or service.
Recommendation: I recommend this business advance to the Trade Show round of the Shocker New Venture Competition.
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