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Business Concept Template
This template will get you started creating a cusiness concept to submit for Phase I . Remember, the business concept is not to exceed 1200 words or three pages.

Proposed Product/Service
  • Description of value proposition and features
Target Market
  • Who is the target customer?
  • Estimated size and value of the market (current and projected)
Competitive Landscape
  • Overview of the competitive landscape
Plan for Execution
  • Current status of project (i.e. design, prototype, etc.)
  • Milestones for the next 6-12 months
  • Background information on the founding team (Note: Please do not reveal the names of the individual team leaders in the document)
 

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