The Arthur M. Spiro Institute for Entrepreneurial Leadership recognizes the need to provide experiences beyond the classroom for budding entrepreneurs, inventors and developers. LaunchPadSC is designed to assist individuals and/or teams in the genesis of ideas for new business concepts and help move them toward the formation of potential new companies. The competition requires that a team complete a one-page executive summary of their business and prepare a five-minute, six-slide presentation as outlined below.
The competition is divided into two sections:
Applicants can be solo individuals or teams of up to four members.
The competition is for new, independent ventures in the seed, startup or early growth stages that are presenting a new business concept. We particularly welcome HIGH IMPACT CONCEPTS that have the potential to change our entrepreneurial world. The following concepts are specifically encouraged:
Every entrepreneur has a story. Each entrepreneurial team has exactly five minutes to make its presentation. The format should include the following six slides, but entrepreneurs must provide their own PowerPoint background and story. These are the headlines. Each slide should answer some of the following questions (bear in mind that you have less than one minute per slide).
Slide 1: Title Slide
The title slide should include:
To be eligible for Section 1, the team leader must supply an e-mail address with @Clemson.edu.
All other entries will be designated as Section 2 entries.
Slide 2: The Problem
What is the problem, need or desire that you are solving?
The bigger the problem, the bigger the opportunity!
Slide 3: The Solution
What is your team’s cool product or service that solves that problem? What is your USP — unique selling proposition? How is your cool product or service different?
Slide 4: The Opportunity
Slide 5: Winning Customers
How will you reach your customers? How will you use guerilla marketing and social media to win customers over?
Slide 6: Sustainable Business Model
How do you make money? Is your business model likely to be sustainable (profitable) over the longer term?
What is the current status of your business? Where do you need help?
Judges for LaunchPad come from a community of entrepreneurs and business leaders. Judging will be based upon the selection of those entities that are most innovative and feasible. Each judge will submit a grading sheet, and awards will be presented to the top three concepts.
$20,000 in prizes! Cash awards will be made for the top business concept in each section as determined by our panel of judges. Those awards are as follows:
In addition to the cash awards, the two section winning enterprises will receive the BrightStart™ Bundle of Services offered by McNair Law (valued at $4,750 per enterprise) that includes:
The two winning business concepts will also be provided an introduction to Angel Capital investors (UCAN) and SCLaunch funding.
This program is not a vehicle for raising funds and is void where prohibited.
For more information, please contact Pris Foster at 864-656-5802 or firstname.lastname@example.org