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Executive Summary

Peso
25%
Descripción
The Executive Summary is a written business summary, in PDF format, including details of how the business intends to operate. An executive summary is similar to a business plan, but usually shorter, covering much of the same information in summarization.
Pautas e información

Specific Requirements:

  • No longer than three pages.
  • At least 10-point font.
  • At least .75-inch margins on all four sides.
  • Must be submitted in PDF format.
  • All submitted work must be the original work of the members of the business (entrepreneurs and/or mentors).
  • Any submission that does not meet these requirements will be disqualified from the Executive Summary component.

The submitted Executive Summary must cover the following general aspects of the business:

  • Originality of Product/Service Offering
  • Business Model
  • Financial Accuracy
  • Local Relevance
  • Professional Document

Please review the Executive Summary Rubric for full judging criteria.
Fecha límite de presentación
Fecha límite para juzgar

Rubric

Originality of Product/Service Offering - Has the business developed a new, creative, original, or innovative product or service to solve the market’s problem or meet demand? Or is the business offering a fairly typical product or service?
Business Model - Has the business developed a realistic plan to grow a profitable business by creating a strong management team, analyzing the competition, and creating a marketing strategy? Or does the plan seem unrealistic or flawed?
Financial Accuracy - Did the business outline accurate and realistic startup costs, projected revenue and monthly/annual cash flow? Or are significant cost categories missing or revenue numbers unrealistic and inflated?
Local Impact - Is the business based locally (Lincoln, Mitchell, Osborne and/or Russell counties) with the opportunity to make sales beyond the local area or draw customers into our local area?
Professional Document - Is the document well organized with no spelling errors and proper sentence structure and punctuation? Would the document be presentable to a banker/investor or not? Or is the document unprofessional with typos and poor grammar?
Ranking – When first scoring, give all businesses a score of 1 (No Placement). Then after reviewing ALL businesses, determine your top 4 and adjust those scores according to 1st, 2nd, 3rd, etc. Do NOT give more than one business the same placement.
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