Activity # 3 Begins + LIA
Activity # 3 begins + LIA
Find a new team (4-6) and think of a crazy idea, something that has never been done before.
Draw out the concept in a word document.
Stage 1
In 3 powerpoint slides answer the following:
- Slide 1 - Title of your company, logo, name of the team
- Slide 2 - What is your product, how does it work? Draw out the concept in drawings, photos etc...
- Slide 3 - Convince us how you are going to market it (pricing, locations, cost, investment, outlook etc...)
Stage 2 - You will then find other classmates and look for investment. Each classmate has 20$ ( 4 x 5$) to give to 1 team. Please write it down on a piece of paper with the amount and name of the person.
Like this
| Representative of the team | Name of Investor | Equity | Amount | Total |
| James | 1% | $ 5 | $ 5 | |
| Molly | $ 20 | $ 25 | ||
| 100% |
| Name | Round 1 - Investment | Rank |
Round 2 - Government Pitch |
Round 3 - Elevation | Round 4 - Final Pitch Competition | |
| Rank | ||||||
| Team 1 | CEOs | 15,400 | 2 | |||
| Team 2 | Unbound | 9,100 | 3 | |||
|
Team 3 |
Magic Mirror | 13,200 | 1 | |||
| Team 4 | Dreamscape | 8,500 | 6 | |||
| Team 5 | A person's Best | 7,100 | 5 | |||
| Team 6 | Transport | 4,200 | 7 | |||
| Team 7 | MLAP | 8,000 | 4 |
| Name | Round 1 - Investment | Rank |
Round 2 - Government Pitch |
Round 3 - Elevation | Round 4 - Final Pitch Competition | |
| Team 1 | Infinity - Jaeden | $20,000 + $6,000 = 26k | ||||
| Team 2 | Port a person - Cristiano | $10,000 +$ 4,000 = 14k | ||||
| Team 3 | Curepoint - Danil | $9,000 + $ 1,000 = 10K | ||||
| Team 4 | Novabark - Tony | $6,000 + $ 11,000 = 17k | ||||
| Team 5 | Work in Progress - Peter | $10,000 +$6,000 = 16k | ||||
| Team 6 | Purewave - Emilie | $16,000 + $ 13,000 = 29k |
Each team Monday 8:30 had $3,000 to give. The best team finishing round 1 receives an extra $5,000.