KIN Prize Info Session Deck_Jan12_2012_v4

8/3/2019 KIN Prize Info Session Deck_Jan12_2012_v4

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Kellogg Innovation Network

KIN Prize Information Session

January 12, 2012


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Welcome & Agenda

Greetings from Professor Rob Wolcott, KIN Co-

Founder

Intro to 2012 KIN Prize

Competition Rules

Q & A


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What is KIN?

KIN is a global network of visionary leaders

committed to building global prosperity through

innovation


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KIN Highlights

2010 KIN Summit Highlights Video

Carlos Dominguez, Cisco SVP View Speech


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The KIN Prize

The Prize funds bold action plans that supportKINs mission of building global prosperity


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Whats an action plan?

Business plan

Viral video

Nonprofit organization

Social business

New Algorithm

2012 Campaign

Poster?


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Overview

When/where does competition take place? Held at KIN Summit, May 30-June 1, 2012

Allen Center Evanston, IL

What is the award amount? $100,000 will be split among four finalist teams

Winner will be determined by votes of KIN delegates at summit

Winner receives amount received through voting, plus difference

Who can compete? Minimum team size of two, no maximum number

At least one NU student enrolled in a degree seeking program

Teams are encouraged to have a mix of students and professionals


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Why you should enter?

Significant financial award and recognition

Mentoring from executives and VC

professionals (for finalists) Opportunity to attend the KIN Global Summit

and become part of a community of

innovators Max 4 people/team attend as delegates

Full team participates in presentation


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The Selection Criteria

Impact

People: global prosperity

Profit: financial return

Planet: environmental impact

Plans may address one or more categories of impact

Impact must be quantified using metrics chosen by the teamInnovation

Creativity of Solution: solution addresses a challenge in an innovativeway (WOW factor counts)

Implementation

Well-defined implementation roadmap

How goals will be achieved and major obstacles overcome

How progress towards ultimate goals will be monitored

Proof points help

Management team: team is capable of carrying out proposed concept


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Application process

Executive Summary Due Midnight February 10o Max 3 page, covering (1) the problem, (2) the proposed solution, (3) the

strategy), (4) specific social or environmental targets/goals , (5) a briefbackground on the team members.

o Semi-finalist teams announced on February 25

o Nine teams selected to compete in semi-finals

o Teams present to KIN Prize Committee on March 5-7 (15 presentation + 15minutes Q&A)

Finalists Teams announced on March 9

o Four teams selected to compete in the final round

o Each team is assigned an advisor in preparation for presentation at KIN

o Conduct dry run with review committee week before KIN Global Summit

Finals May 30- June 1o Poster booth of venture to be displayed and manned by the team at the

KIN Global Summit

o 10 minute presentation at the KIN Global Summit (full team)


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Questions?

Jeff Berens

[email protected]

Peter Weyrens

[email protected]

NOTE: Official Rules and FAQs will bereleased following info session


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END


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INTERNALREFERENCE


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The Selection Criteria (JAN 11

VERSION REFERENCE)The action plans will be evaluated on one or more of these criteria,depending on scope:

Business potential

Market fit/timing

Solution is clearly defined, including features and benefits Business model is scalable

2. Social impact potential

Business has a clearly-identified social value proposition

Potential Social Impact projections are based on reasonable assumptionsand credible data

Operational metrics are identified 3. Intention to act

Defined vision and roadmap for implementation, including partnerships.

Basic scenario planning to show adaptability in the face of hurdles

KIN Prize Info Session Deck_Jan12_2012_v4

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