Prepare a minimum of 3 venture project idea proposals in any format that fits on one 8.5×11 page(one side only). Your proposal should include:
Your names
A brief, descriptive new venture title (3-5 words-not a product description).
The 3 nearest competitors (their existing solutions/benefits).
Solution: Recommendation why this project should be eventually funded. This will include:
A description of the opportunity (not product- why would this product be necessary) and what need you have identified that will be fulfilled.
What are the shortcomings of existing competitive products (assuming there are some) to meet this need.
What is the potential target market (define in terms of demographics, geographics and lifestyle segments) and its prelim size (number of people, in $).
SEE THE EXTENSIVE WRITE UP FOR THE product “Currency 13” in this drop box as a guide- yours does not have to be this extensive at this point (just 1 page) but you should be thinking the way they are in this write up.
Last Completed Projects
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