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Shocker New Venture Competition 2024

Business Model Video Rubric

Instructions

The detailed feedback you provide will allow teams to make pivots to strengthen their business venture.

In the comment box at the bottom of the scoring sheet, please provide feedback in the following two areas:

1. List 3 strengths of this business model.

2. What suggestions would you make to strengthen this business model?

Criterias

Choose a score, from 1 (worst) to 5 (best), for each of the following.

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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