Principles of contest - Education Programme

Education Programme 
«Principles of Business Modeling» 
for Contest's Semifinalists.

During selection process of contest, we and our experts faced an interesting situation. Ukrainian developers have many interesting innovative projects and their successful implementation may bring results for author, investors, entrepreneurs and state. But a lot of developers are not familiar with projects budgeting, do not any knowledge how to work with investors, how to get positive reaction from investors to their project, how to manage intellectual property law etc.

Therefore, for participants who are the semifinalists, we decided to organize education seminar. We invite speakers, who are the processionals in such area as technology business, Intellectual properties, Budgeting etc. We believe that our Education Programme will help for developers to create right understanding of all processes in innovative project management and by this we try to prepare developers for "meeting" with investors.

As a result of the Education programme each participant will prepare Executive Summary of their projects.

Areas of Education Programme:

• Determine the stage of start-up project for each participant;
• Formulate goals and objectives of the output of each start-up project for the next phase of the project;
• Consider the basic methodology for creating business models for 9-basic elements;
• Formulate a pilot business model for one of the projects;
• Organisation of a pilot business models in other start-up teams;
• To organize the presentation of business models and subsequent crash-testing
• The structure and expressive means of 3-minute presentation for the investor;
• Organize practices to create a pitch - presentation
• Conduct a role-playing game pitching projects to potential investors;
• To determine the winners of pitching simulation