Indonesia Lecture 10 Elevator Pitch Contest
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1 Lecture Elevator Pitch Contest
2 Welcome everyone, to the first ever MIT AITI Indonesia Elevator Pitch Competition!
3 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges
4 Why are we here? What is AITI? Student-run initiative that sends MIT instructors to emerging regions to teach mobile software entrepreneurship We strive to promote economic development by incubating a new generation of technology startups First program: Kenya Since : programs countries in Africa Over students Over MIT instructors
5 Instructor Introductions ENTREPRENEURSHIP LEAD: NICOLE YAP Education: MSc in Management Studies from MIT Sloan, MBA from HEC Paris Interests: Entrepreneurship, Global Health, International Development, Base of the Pyramid Business Strategy, Travel Experience: years in Management/ Technology Consulting, co-founder of Run to End Poverty Toronto, studies in development entrepreneurship and global health strategy. ENTREPRENEURSHIP ASSISTANT: LYNN YU Education: MIT Class of Mechanical Engineering with a concentration in Energy Interests: Entrepreneurship, Sustainable Energy, Architecture, Photography, Art, International Development, Southeast Asia! Experience: Working with D-Lab (MIT s International Development Lab), Worked at a startup in the Philippines called Hybrid Social Solutions Inc. (Solar energy social business), eager to gain more experience in this incredibly exciting field! TECHNICAL LEAD: MARKUS VON RUDNO Education: Fourth year electrical engineer at Cambridge University, UK Part of the Cambridge-MIT-Exchange Interests: Semiconductor Engineering, New Technologies, Teaching, Travel, Other Cultures, Sports (Football) Experience: Work in Configuration Development at KRONES, Project work on Thermophotovoltaic
6 Team Introductions Chocoleven FARS-Tech Ijoroyoroyo RokuRi
7 Entrepreneurship Roadmap Week : Ideate Participants will brainstorm and share business ideas and form teams Week : Pitch Teams will develop their initial business proposals and pitch to the rest of the class Week : Accelerate Teams will participate in a hackathon to develop an alpha prototype of their product Weeks & : Incubate Teams will refine their prototypes and develop full business plans for VCs and other potential investors Week : Launch Teams will demo their final prototypes and present their business plans to mentors, investors, Google and UGM representatives, and other interested parties
8 Program Milestones Week : Week : Week : Being an Entrepreneur Chocolate Challenge Topic Selection Team Formation Initial Idea Proposal Intro to Programming Platform Setup Platform Basics Pitching & Selling Final Idea Definition Product/Market Fit Initial Pitch Deck Technical Intensive Advanced Android Models & Strategy Elevator Pitch Contest Initial Business Models Mentor Matching Team Dynamics Mobile Design Mobile Development Hackathon Week : Product Refining Mentor Sessions Rough Demo Prototyping Refine Specs Improving Prototype Week : Negotiating Negotiation Day Revised Business Model Understanding Intellectual Property Final Product Functional Prototype Finalized Design Week : Launching Your Business Rough Demo Final Business Model Refining the Product & Business Model Envision new features Set course for next year Time and team commitments End of Week : DEMO DAY!!! Final Product Final Pitch
9 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges 9
10 Please meet your judges Indonesia
11 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges
12 Let s Scrum! What have you done since yesterday? What are you planning to do today? Any impediments/stumbling blocks?
13 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges
14 Contest Rules Each team will have -seconds to pitch their business to the Judges Judges will have -seconds to ask any follow-up questions Once the pitches are completed, Judges will have minutes to discuss and choose a winning pitch Judges will then deliver their feedback for each team, and announce the winner!
15 Judging Criteria Equal weighting should be given to the quality of the idea as well as the pitch. Questions to consider: Does this idea have value? Is it solving a real problem? Has the team thought through the business model? Was the pitch clear, and questions wellanswered?
16 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges
17 RokuRi Indonesia
18 Ready Set Pitch!
19 Hours Minutes Seconds
20 Judges Questions End
21 FARS-Tech Indonesia
22 Ready Set Pitch!
23 Hours Minutes Seconds
24 Judges Questions End
25 Ijoroyoroyo Indonesia
26 Ready Set Pitch!
27 Hours Minutes Seconds
28 Judges Questions End
29 Chocoleven Indonesia
30 Ready Set Pitch!
31 Hours Minutes Seconds
32 Judges Questions End
33 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges
34 Break Time! (Be back in minutes)
35 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges
36 It s time for some feedback from our judges.
37 Today s Agenda Introduction to MIT AITI Introduction of Judges Daily Scrum Explanation of Contest Rules PITCHES! Break Judges Deliberation Feedback and Announcement of Winner Presentations from Judges
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