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The Spring Venture Showcase offers students serious about launching a business upon, or shortly after graduation, the opportunity to present their plan to a distinguished panel of judges who together help select which students will advance to present to the Lang Fund Board of Directors.
Approximately 20 students will have the opportunity to make a formal, seven-minute presentation followed by Q&A. Up to six companies will be selected from the event to present to the Lang Fund Board for investment consideration.
All presenters will receive written and oral feedback on their business after the event.
Sunday, April 3, 2016 by 11:59 p.m. EST: Applications Due
Monday, April 11, 2016: Ventures selected to participate in Spring Venture Showcase are notified
Monday, April 18, 2016, 6-9 p.m.: Spring Venture Showcase at Columbia Startup Lab, WeWork Soho West, 69 Charlton Street, 1st Floor
Wednesday, April 20, 2016: Ventures selected to pitch in front of Lang Fund Board are notified
Tuesday, May 3, 2016, 10 a.m. – 3 p.m.: Lang Fund Board Meeting
Second-year students are eligible to participate in the Spring Venture Showcase and eligible for funding from the Lang Fund Board.
Students may work individually or with a partner. The Lang Fund will consider investment proposals for all types of enterprises: small- or large-scale, high- or low-tech, start-ups or acquisitions and service, manufacturing, or retail operations.
All applicants must complete an application, along with a five to seven page Executive Summary including the following information:
- An overview of the market, the competition, and the positioning of your product or service. Validation from customer interviews will prove beneficial.
- A detailed description of your product or service concept. Preference will be given to those who have developed a minimally viable product. For example, if it is a web-based venture, it is anticipated that the overall design of the website be complete and hosted for demonstration purposes. If the company already has revenue, please provide details.
- Highlights of a marketing plan including the direct sales strategies and media outlets you plan to utilize to reach your targeted customer.
- A profile of your management team and the skill sets vital for success.
- A high level financial plan including a break-even analysis, sales goals after the first year and the amount of investment required to support needed capital investments and negative cash flows during the start-up phase.