Presentation is loading. Please wait.

Presentation is loading. Please wait.

Full Process: From Application to Finalization

Similar presentations


Presentation on theme: "Full Process: From Application to Finalization"— Presentation transcript:

1 Full Process: From Application to Finalization

2 Stages Description 1. Application: fill out and submit an application weeks 2. Deliverables: prepare and submit a business case and a presentation weeks 3. Presentation: present to the expert board of Noosphere Nest weeks 4. Planning: develop a step-by-step plan for your project’s execution weeks 5. Implementation: full execution of the project until a public launch TBD 6. Finalization: project long-term exit TBD

3 Present results and finalize next steps
Stages Progression This diagram explains how the success of each stage affects the rest of the process. Accepted Accepted Develop a plan, receive resources, and execute Submit Application Develop Deliverables Present to the Board of Experts 4 & 5 Present results and finalize next steps 1 2 3 6 Rejected Rejected

4 Stage 1 - Application To do We will 2-6 weeks
Fill out the application form “Noosphere Nest Application Form.docx” your application to Review your application within 2-6 weeks from the submission date you our decision If your project is approved, you can proceed to Stage 2. Deliverables

5 Stage 2 – Deliverables To do We will 4-6 weeks
Prepare deliverables: Business case Presentation Submit deliverables to Pair you with a Nest Coordinator Your Nest Coordinator will help you prepare by providing: Document templates Presentation training Advice and guidance Schedule your Presentation for the Expert Board

6 Stage 2 – Deliverables Description What Length Format Purpose
Business case 20-30 pages Word document Describes your project in detail Used for due diligence Presentation 10-15 slides PDF or PPT Your main pitching tool Focused on brief and clear presentation of your project

7 Stage 2 – Deliverables Business Case Section Description Templates
Business Model Vision, mission, and values Value proposition Target markets Business model Marketing plan Key resources and activities Use business case and financial templates, and business model canvas template provided by your Nest Coordinator Financial Analysis Breakeven analysis Sales scenarios and projections Capital spending Operating costs Funding requirements External Environment The economy Market analysis and key trends Competitor analysis Competitive advantages of the business model Implementation Roadmap Milestones Roadmap Risk Analysis Limiting factors and obstacles Critical success factors Specific risks and countermeasures

8 Stage 2 – Deliverables Presentation Slide Number Content #1 Cover
Project info: project name, leader’s name and contact information #2 Problem Customer problem stated in economic terms #3 Solution Solution: how and why it works, the value provided to the end customer #4 Market The description and the size of the market #5 Distribution Distribution channels, service, support #6 Business Model How you will make money #7 Competition Who else solves problem and how they stack up #8 Team Key players, relevant background, why this team is right for this project #9 Milestones Describe the main milestones and what financial results will be achieved in each #10 Financials How big, how fast, cash needed, key assumptions #11 - #15 (keep to as few as possible) Product roadmap

9 Stage 3 – Presentation To do We will 15 minutes
Once your Presentation is scheduled, practice with your Nest Coordinator The presentation format: Presentation: 10 minutes Q&A: minutes The Experts Board will listen to your presentation and ask you questions You will be evaluated based on the presentation content, presentation and Q&A delivery effectiveness Within 1-2 weeks, you will hear back with the decision If you are accepted, you can proceed to Stage 4. Planning

10 Next Steps If you received a favorable decision after your Presentation to the Experts Board (Stage #3) , you will now: Receive Funding Receive Resources and guidance Get help from a Nest Mentor Execute your project Congratulations! If your project was not accepted, the Expert Board will provide a detailed explanation. We thank you for your participation and hope to hear from you again in the future.

11 Stage 4 – Planning To do We will 4-6 weeks Build your team
Define your development process Create and confirm project plan Formalize cooperation with us by signing an agreement Provide consulting in all areas: Planning, estimation, and development process Recruit your team: By using our specialists pool By hiring needed staff Prepare an agreement and sign it with you: Agreement authorizes project scope, project plan, funding amounts, terms and conditions

12 Stage 5 – Implementation
TBD To do We will Implement your project: Manage project Report the progress Present intermediate results / milestones Provide work space Interact with you via your Nest Mentor: Provide consulting in all areas Grant access to our knowledge base Grant access to our technological platform Fund your project as agreed Maintain and audit your project Connect you with investors To confirm changes in your project To make important decisions about your project

13 Stage 5 – Implementation TBD
During the implementation stage: Weekly meetings with your Nest Mentor Based on your requests, we will connect you with mentors You can request additional resources At each milestone: You present your results Your Nest Mentor evaluates your project After each milestone you and your Nest Mentor together: Perform SWOT analysis and send report to investors Perform risks analysis and update risks section in the project plan Make decisions about possible changes and reflect changes in the project change log If necessary, send change request to investors for approval

14 Stage 6: Finalization TBD
Once the plan is completed, you present your finished project to the board of investors and experts Your project is checked against: How achieved goals correspond to the planned ones How the actual expenses correspond to the planned ones How real dates correspond to the planned ones How your project performed compared to the original plan The investors make decision about finalization options and possible further cooperation

15 Stage 6: Finalization TBD
Successful exit from Noosphere Nest: Project operates as newly created company, and partnership continues outside the Noosphere Nest scope Team members can be moved out of Noosphere Nest into the new company and continue as employees/co-founders Trial operation inside Noosphere Nest: New funding must be negotiated New project must be starting from the planning stage Rework with/without additional funding: Rework must be reflected in the project plan New milestone must ne defined Project and/or idea failed and closed

16 Guidelines for Applicants
Think “outside the box” If you are submitting a new idea, assess it using financial projections and comprehensive market research If you are submitting an idea that has been done before, prove that you can do it better Think of ideas that have a definite path for growth and exit Think of ideas that that can scale quickly with a minimum resource and other costs Good luck! 


Download ppt "Full Process: From Application to Finalization"

Similar presentations


Ads by Google