Workshop

Sep 26th, 2017

Introduction: how to make a business pitch?

Interactive exercise: generating a business idea

Workshop Agenda

Introduction

What is your product or service?

What is the current problem or opportunity?

How does your product/service address to the problem or opportunity?

Who will buy your product/service?

How are you going to offer the product or service?

How are you going to grow the business?

What to pitch?

Market Opportunity Clear market need and a plan to take advantage of the

need.

Competitive Advantage The product or service is something unique that has a

protectable competitive advantage in the proposed market.

Presentation The pitch presented the venture in a clear, compelling

manner, and answered questions well.

Investment Potential The business is a real investment opportunity in which you

would consider investing.

What are we looking for?

Incubate your ideas into real business plan Participate in the NYS Business Plan Competition in Spring, 2017

https://www.youtube.com/watch?v=jZXO3NAVrQE&feature=youtu.be NYSBPC Industry Categories

- Social Entrepreneurship/Non-Profit- IT/Software- Clean Tech- Advanced Tech - Products- Services

Goals

Dec 15th, 2017 Deadline to submit Application

Feb 2nd, 9th, & 16th, 2018 Bootcamps for competition

February 19th, 2018- Farmingdale campus Finals

March 7th, 2018 - Long Island Regional Finals

April 27th, 2018 - New York State Finals, Albany, NY

Important Dates for NYSBPC

Interactive Exercise

Write down one problem or opportunity that you are aware of

What product/service can address the problem?

Generating a Business Idea

LVL – The First Wearable Hydration Monitor

An Example

https://www.kickstarter.com/

https://www.entrepreneur.com/

https://www.inc.com

https://www.growthink.com/blog

Sources For Inspiration…and Information

Don’t forget to sign up to pitch your business idea on

Oct 19th

Or Nov 16th

Four faculty judges will evaluate and comment on your business idea.

Participants will receive Barnes & Noble gift cards.

Pitch your Business Idea!