ENT102 Venture Ideation|Risks

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ENT102 Venture Ideation

Context In assessment 1 you developed a Pitch Deck. In this assessment, you will take your pitch further and create a full Pitch Deck based on the content in modules 1-5. The Pitch Deck is used to pitch an idea to stakeholders and potentially to investors, which contains a set of cards or a presentation delivered in a brief period. It is the most important presentation tool for a start-up business, and a useful tool for organisational intrapraneurs pitching to time poor senior managers to gain their attention and, more importantly, funding dollars to proceed with the project. The purpose of this assessment is to apply a carefully constructed Pitch Deck as a communication tool to your business idea, as developed and improved through feedback in your Assessment 2: Business Case. Instructions Use a Pitch Deck tool from the module resources provided or construct your own tool. Depending on your business idea, add or delete slides in your deck to suit the stakeholders and the stage of your idea. Include the following elements in your pitch: 1. Explain the focus of the pitch, including identified stakeholder types you are pitching to in this assessment. This slide is for the learning facilitator and should be in italics. 2. Write two-five sentences communicating the vision for the business idea. This slide may also refer to the mission, for example, what the idea is and why it matters to the stakeholders (30 seconds maximum). 3. Introduction to the team. This slide is normally included in a Pitch Deck, and you should include it to outline your own capabilities. If you have chosen an idea you are working on ASSESSMENT 3 BRIEF Subject Code and Title ENT102 Venture Ideation Assessment Pitch Deck Individual/Group Individual Length 5 minutes (-/+ 10%) Learning Outcomes This assessment addresses the Subject Learning Outcomes outlined at the bottom of this document. Submission Due by 11:55pm AEST/AEDT Sunday of Module 5.2 (week 10) Weighting 30% Total Marks 100 marks ENT102_Assessment_3_Brief_Pitch_Deck_Module_5.docx Page 2 of 6 with others, you should include them as well. The introduction to the team slide includes information on your capabilities and why this will increase success by giving the listeners confidence that you have adequate background to deliver this solution (30 seconds maximum). 4. Global market size and growth rate opportunity over a specific period. This slide will be based on your market research and preferably show ‘bottom-up’ (30-45 seconds maximum). 5. Strategy or approach. This slide will cover how the business idea will be developed and approach the market. It should include goals over a specific period, for instance, 3 years (30- 45 seconds maximum). 6. Value proposition. How your idea will add value to the user/customer (30 seconds maximum). 7. Operational approach. How the product or service will be produced or integrated within the supply chain partnerships, as well as any other operational activities you have identified (30- 45 seconds maximum). 8. Profit and revenue model. How customers will pay you and how much (30 seconds maximum). 9. Competitors. Your identification of competitors, how you meet a need in the market and the gap you are proposing to fill (20-30 seconds maximum). 10. Risks or barriers in the business from internal and external sources and your strategies around how you are covering those, or mitigating them (30 seconds maximum). 11. Draft financial plan. Outline any capital you are seeking from investors or banks, what you will use it for and over what period (30-45 seconds maximum). Additional optional slides if you have already started the business idea: 12. Opening slide with logo if you have one for this idea. 13. Screen grabs or brief demonstration. This slide is suitable if you have designed a product or service and are able to show how it works. 14. Traction to date. A slide explaining any traction to date if you have already started, for example product trials or sales. 15. Partners. A slide including any partners you already have. 16. Investment. A slide presenting any investment you already have achieved. 17. A final slide with your details. At the end of your pitch, the learning facilitator should have a clear understanding about the vision for the idea, how the idea adds value to customers, and how it meets a gap in the market. The pitch should clearly be targeted to the stakeholders you would want to communicate with. You should also have clearly identified your knowledge about your competitors, barriers, strategies and financial requirements, and articulate the risks and mitigation strategies. Submission Instructions Submit your Pitch Deck via the assessment link in the main navigation menu in ENT102 Venture Ideation. The learning facilitator will provide feedback via the Grade Centre in the LMS portal. Feedback can be viewed in My Gra

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