THE PROCESS REQUIREMENTS
REQUIREMENTS FOR COMPANIES
- Contact information
- Venture name and logo
- Venture website
- Entrepreneur photo
- NU invention disclosure number
- Year incorporated
- Venture Description
- Funding Request
Click here to view the information required to complete the slide deck.
Click here to view the information required to complete executive summary.
Each company recipient of funding will sign a Memorandum of Understanding in addition to a convertible note or SAFE that includes standard terms such as the following:
- Information and participation rights
- Representations and warranties
- Board observer role
SLIDE DECK REQUIREMENTS FOR COMPANIES
- The cover page should have the name of your venture, venture logo and a tagline.
- The tagline should give insight into your venture and should be easy to remember.
- Include a brief explanation of what you do and what your vision is.
- Describe the focus and purpose of the venture and the current stage of development.
- Briefly introduce the founders including pictures of the team members, titles, and a short summary of prior employment that showing domain experience, track record, and relevant expertise.
- Include the names of advisors, consultants, and board members
- Identify the key positions that you still need to fill and why those positions are critical to company growth.
- Clearly articulate the problem you are solving, who is experiencing the problem, a few statistics to show the scope and gravity of the problem. Also include why it’s important to address this problem now.
- The size of the market opportunity (units and $).
- The Total Addressable Market (TAM) and market drivers (dynamics).
- The possibility of defining a distinct product based on the invention.
- A description of your ideal customer
Technology and Product
- A technology description with a focus on how the technology is unique or novel compared to other technologies.
- The stage of technology’s development (milestone reached)
- Preliminary data that validates the technology (results, or prototype testing and evidence that your technology or product works).
- The time to develop the technology.
- The approach and progress that you have achieved so far and milestones that you aim to hit.
- The product’s key differentiated features and product roadmap.
- An emphasis on the scalability of your product.
- The willingness of users to change from the current solutions.
- Potential applications
- Explain how your product solves customers’ problems and deliver specific benefits.
- Describe how the proposed solution differs from existing solutions.
- Explain the key advantages you have over the competition and how you differentiate your venture from the competition.
- Highlight the “secret sauce” that you have and others don’t.
- Describe why the solution can’t be easily copied.
- Illustrate what other alternatives to your business exist in the market.
- Divide your competition into distinct categories
- Identify the barriers to entry
- If your competitors have been acquired, list acquisition prices and who acquired them.
- Describe the rationale of how your venture will create, deliver, and capture value and how you plan to make money.
- Show a list of the various revenue streams.
- Show your pricing strategy compare to your competitors.
- Show the lifetime value of your customer and how you will keep them engaged.
- Include the series of strategic actions you plan to take across a timeline in various categories like marketing, sales, customer acquisition, and customer retention.
- Include your current IP position, and key intellectual property rights the venture has (patents, patents pending, copyrights, trademarks, domain names) and the possibility to strengthen it with other methods/mechanism.
- Please list patents and corresponding patent numbers for reference.
- Describe your regulatory route, timing and address the regulatory challenges associated with your product/service.
- Describe the path to reimbursement, and show data that can support the type and amount of your product/service reimbursement.
- Identify sales or early adopters using your technology/product/service (collaborations, pilots, customers, etc.)
- Identify the metrics that matter for your business to succeed.
- Include the time to liquidity (IPO, M&A, Licensing etc.), elected potential acquires/partners, and information about comparable exit transactions.
- Include the financial forecast for the next 3-5 years (revenue, expenses and headcount).
- Include your burn rate, break even point, product margins, and how many users you need to make a profit.
- Include your funding history (dilutive and non dilutive), current and previous investors, funding plan, use of funds, and venture milestones that can be implemented within budget and timeline.
- Summarize all the most interesting facts about your business, as well as any huge milestones or achievements you may have hit.
EXECUTIVE SUMmARY REQUIREMENTS FOR COMPANIES
- Venture Description
- Target markets
- IP Status
- Regulatory path
- Exit strategy (potential acquiring companies)
- Major Milestones
- Funding status (non dilutive funding)
- Current investors
- Funds required
- Use of funds
- Financial forecast
- Management team
- Contact information