ARD Info Session Presentation

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    Applied Resehttp://ard.in

    rch Day 2010uvation.org

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    What Is Applied

    It is an opportunity to:

    Explore the real world applic

    Network with MBA, Law, andangel investors and venture

    Form teams to compete in Nbusiness

    Train for product/idea develo

    R

    esearch Day?

    tions of your research

    Medical students as well asapitalists

    VC and possibly real

    pment in industry

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    What is an AR

    This is a poster presentation,conferences... with a twist.

    Posters are in the same form

    with a final section discussing Abstracts are

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    Judging

    Research Content (40%) Novel research project Significant impact of project Clear and sound methodology Quality and persuasiveness of any data

    B

    C

    Poster Organization (15%) Neat, organized, and concise Well-written, proper grammar Clear definition of problem and solution Quality and relevance of figures

    C

    riteria

    usiness Content (20%)Understanding of current market andcompetitionUnderstanding of competitive advantages ofproposed product/service

    Understanding of targeted customersUnderstanding of investor issuesConsideration of management team

    mmunication Skills (25%)Student can clearly explain research andbusiness model to inter-disciplinary audience

    Ability to answer questionsAbility to receive suggestions and criticism

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    Importa

    Abstracts Due: Monday, A brief description of your conc Less than a page in length Do not need fully developed bu

    ARD - Thursday, Februa1:00-2:00p Registration

    1:30-1:45p Opening Remarks2:00-4:00p PosterPresentations

    -Judging-Networking

    4:15-5:15p Speakers5:15-5:30p Awards

    t

    Dates

    February 8thept and its business application

    siness understanding

    ry 25th

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    The Co

    Awards!o 1st Place: $600o 2nd Place: $400o 3rd Place: $200o ISEN Award: $TBAo BIP Award: $TBA

    All entrants will present at 10 entrants are judged to c

    prizeso Top 7 chosen from absto 3 Audience favorites (de

    petition

    RDmpete at ARD for grand

    actsermined at event)

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    Kellogg St

    Every Thursday, MBA andinterested in entrepreneurshi

    Two dates designed for ARDo Jan 21st: Ideation

    Having trouble thinking ofbusiness?

    Open to all students

    o Feb 11th: Development Develop the business asp

    MBA students Open to all ARD participan

    art Up Lab

    cCormick students that arep brainstorm on start up ideas

    participants:

    ow your research could become a

    cts of your concept with the help of

    ts

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    The Op

    Understanding the Currento What is the problem that youo What is the size of this markeo Regulatory considerations?

    Intellectual Property - blankeo How important are patents ino How dense is the IP landscao Is there white space to stake

    Understanding the Competio How competitive is the landso What currently solves this proo Where do the current solution

    ortunity

    arketare addressing?t?

    search on Google

    this market?e?laim?

    ionape of this field?

    blem?s fall short with their solution?

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    Your S

    Competitive Advantageo How does your solution add

    Accuracy Speed Cost

    etc.o What other ways can you dif

    advantage?

    Understanding of the Targo Who benefits from your prodo Who purchases your produco What are all of the factors ino How can your product be mao How will your product be dist

    lution

    alue?

    erentiate your solution to create

    eted Customeruct?

    ?this purchasing decision?rketed?ributed?

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    Your B

    What is needed to bringo How much time to market?o What kind of capital will yoo Do you need experts fromo Do you need a corporate p

    Current Statuso Where are you at in your po What support/advisors do yo Who are you looking for to jo What is your end goal for t

    License Manufacture Sell

    siness

    his to market? (rough idea)

    need?ny field?

    rtnership?

    oduct development?ou have?oin your team to develop this? (is concept?

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    Presenta

    1. You will ramble, time yoursel2. You do not have time to go d3. Judges and participants will

    backgrounds4. Predict questions ahead of ti5.GO TO STARTUP LAB SES6. Use this as a chance to netw

    tion Tips

    for 3-4 mineep into your research detailse from all different

    eSIONS!!! - Great opportunityork and build teams!

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    Information anhttp://ard.in

    Jimmy Bjamesbu

    Chris Rychristop

    Registration:uvation.org

    uffi:[email protected]

    an:[email protected]

    Abstract Deadline:

    2/8/2010