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Assessing The Opportunity 2009 V2
1. “ Assessing the Opportunity” Taking the First Steps to Technology Entrepreneurship & Preparing an Effective Business Opportunity Statement
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5. Some good quotes: “ Ambition is a dream with a V8 engine.” – Elvis Presley “ First they ignore you, then they laugh at you, then they fight you, then you win.”– Mahatma Ghandi “ We were young, but we had good advice and good ideas and lots of enthusiasm.“ – Bill Gates “ Business opportunities are like buses, there's always another one coming.“ – Richard Branson “ Do you want to know who you are? Don't ask. Act! Action will delineate and define you.“ – Thomas Jefferson
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17. New Ventures BC Education. Networking. Mentorship. Prizes. A province-wide competition for early stage technology start-ups. $309,000 in prizes. www.newventuresbc.com Introducing:
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22. Overview of New Ventures BC 2009: $ to the winners, glory to all 1:1 Mentoring, mentor panels & seminars Seminars, networking events Seminars, networking events Benefits: Oral Pitch to the Final Jury 8-page executive summary 5-page business overview 2-page online description Requirements: Up to 10 Up to 30 Up to 120 Open (~160) How many? Early-stage technology companies Early-stage technology companies Early-stage technology companies BC Inventors, entrepreneurs & students Who? Round 4 September Round 3 June - August Round 2 April - May Round 1 Early April
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28. For more information visit www.newventuresbc.com or email: [email_address] Join facebook group for updates (search for “New Ventures BC”) Questions?
31. 100 – 200 Words: <say what you do in one sentence> + <describe the pain in 1-2 sentences> + <describe your solution in 1-2 sentences> + <why it matters in 1-2 sentences> + <how you win in 1-2 sentences> + <call to action in one sentence>
32. Not Easy! Blaise Pascal (not Mark Twain) said: "I have made this letter longer than usual, only because I have not had time to make it shorter."
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34. What Saltworks Does: Saltworks has developed D3, a breakthrough solar desalination technology providing up to 80% electrical energy savings over the leading commercial process.
35. The pain Saltworks is addressing: Global demand for freshwater is rapidly growing while supplies diminish. Substantial investments in desalination are being made worldwide to meet rising water demand; however, desalination is very energy intensive.
36. Why you should care: The addressable market for industrial desalination systems is estimated at $10B for 2013 and growing. Saltworks is positioned to capture $150M of the market in 2013 and $1.7B in 2015, with increasing market share thereafter.
37. How Saltworks will win: Building on its patent-pending technology, Saltworks’ strategy is to first develop a pilot plant by leveraging grants and industrial partnerships and then target the small- and mid-scale segments to prove performance and reliability before entering the large-scale market.
38. What Saltworks needs next: To fund growth, Saltworks is envisioning three investment rounds: (1) $K to <details deleted>; (2) $x-xM to <details deleted>, and (3) $xxM <details deleted>
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60. Thank You! Bob de Wit Contact info: e. rdewit@alumni.sfu.ca t. 604.916.3434