Finalist All Hands Final 9/13

8/8/2019 Finalist All Hands Final 9/13

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DRAFT

MassChallenge

All Hands MeetingSeptember 13th

John Harthorne [email protected]

Akhil Nigam [email protected]



MassChallenge, Harthorne&Nigam

Agenda

1

Overall Update - John

Key Dates - Akhil

Mentorship and Accelerator - Akhil

Final Judging - Akhil

Logistics ± Christine




Agenda

2


Key Dates - Akhil



Logistics ± Christine




Key Dates

3

Date Key milestone

Sept 20, 21 Demo Days (Microsoft and CIC)

Sept 24 Open house (Fan Pier)

October 8, 11,12

Pre Judging ± All 110 teams pitch

October 15

October 18 Final Judging ± 26 teams (13 each day) present

Oct 21 Final Award Ceremony. 10-20 companies awarded




Open House sign up

5

Open House Connect with potential customers, partners, investors

etc

Format ± Science Fair style

Open house You can either just talk, have a working demo ormarketing materials

Sept 24 : 3:30 PM ± 7PM:

Fan Pier

Sign up through Google Groups http://groups.google.com /group /mcfinalists2010 /w

eb /demo-days-signup




Agenda

6


Key Dates - Akhil



Logistics - Christine




Accelerator program : Goals

7

Goal

Help entrepreneurs win and create strongbusinesses

by enabling ACCESS to key resources from the ecosystem to catalyze growth




MassChallenge is helping companies succeed in

several ways

8

Mentorshipprogram

Events

Access to angelsand investors

Goal: Help teams get connected to the broaderecosystem and help them get advice that they need

Accomplishment: 98% of teams have at least 1mentor; several teams have multiple mentors;150+ mentors involved

Targeted

Introductions

Goal: Mini MBA on entrepreneurship ± funding,marketing, sales , entrepreneur stories

Accomplishment: Averaging 10 ± 12 events aweek (All are optional)

Goal: Introduce companies to Angels and VC firmsand help them to pitch

Accomplishment: Focused events on pitching.Several well know Angel and VC groupsmeeting teams and holding office hours

Providing targeted introductions to people

within the ecosystem




Mentorship: Goals

9

Next Mentorship Step

1. Make sure you have setup mtgs for next 2

months

2.Send us top 3 goals decided with yourmentor at [email protected]

3.Leverage the mentor network to advanceyour goals:

Strategy, Introductions, Next Steps




What are your goals?

10

Your company goals

1. Product ± Demonstrate your product

works

1. Customer ± Do people want to use it?

1. Business Model ± Can you make moneywith it?

2. Scaling ± How will you scale?




Mentorship meetings: Key points

11

Some key points to remember

1. Be professional with the mentors. The way you conduct meetings is areflection of your potential and your company. See helpful hints from last

presentation

2. After meeting ± fill out the survey to let us know how the meeting went.

http://www.surveymonkey.com/s/mentormeeting

3. Mentors should not be asking you for stock or other favors. Their mainpurpose is to help you on a volunteer basis

4. If a mentor is not working out, please let us know.




Agenda

12


Key Dates - Akhil







In mid October, winners will be chosenthrough two rounds of judging

13

Prejudging ±110 companies

Oct 11-12; All Day Similar to second round judging 10 Minute live pitch and 10 min Q&A

Final Judging ±26 companies

Oct 15 and Oct 18; 1:30 - 630PM

Two distinct judging panels with some overlap Final Judges have $1M to allocate $100K and $50K awards

Winners

announced

Oct 21 ± Final Award Ceremony

10±20 eventual winners announced live on Oct 21st




Final judging criteria focuses on impact as well as

execution

15

Compelling visionand impact

Sustainability andscalability

Asset and position

What impact are you targeting?

Why is your business model the right approach? Is it scalable and sustainable?

What progress have you made? Are you executing against your goals? What have you accomplished in the last 3 months?

Execution: Progress to date

Are you positioned to win? What assets give you a competitive advantage?

Team, IP, partnerships, etc.




Let us know your availability for Pre -Judging and

Final judging

16

http://www.surveymonkey.com /s /2ndmentor




Agenda

17


Key Dates - Akhil







You can watch all events at

18

http://www.ustream.tv /channel /how-to-create-a-pitch-presentation




Please sign up for Golf Tournament

19

http://caddydriveforinnovation.eventbrite.com /




Q&A

20

THANK YOU!




Appendix

21




Mentorship program: Meeting Best Practices

23

Mentors BE PROFESSIONAL. HOW YOU HANDLE THE MEETING ALSO GIVES

INSIGHT INTO HOW YOU RUN YOUR COMPANY

Recognize that these are busy people, so leverage your time on the mostcritical issues

Have an agenda beforehand and optimum results and decisions to be madebefore hand

Always walk away with key next steps

Do not be afraid to ask for intros

People don¶t want problems ± they also want possible solutions ± it showsthat you have done some thinking. Remain at cause.

Be open for help. Your business will go under scrutiny and they will asktough questions

Always send a thank you note and a summary of the meeting

We will also ask you to rate the meeting

Finalist All Hands Final 9/13

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