LEAP Inventor Challenge Executive Summary

Project Title: Lead Investigator: Lead Investigator e-mail: Text in RED font may be deleted in final form. LIMIT is 3 pages.

One Line Pitch: Provide a one-line description of the project in layman language.

Project Summary: Summarize the long-term potential impact of the project.

Management: Provide a brief description of the technical and operational management team’s qualifications

End-user Problem: Describe the depth and extent of the problem the project aims to solve.

Target Market: Estimate the size of the market for the intended product and/or service. Include the “lowest hanging fruit” niche market, as well as the size of the broader market that can be reached, if the project is successful.

Customer Validation: What evidence can you present today that “if you build it, they would buy”?

Technology Validation: What evidence can you present today that the product and/or service is likely to work as envisioned?

Sales/Marketing Strategy: Explain how the project will make its way from the lab to the marketplace.

Business Model: Explain how the product and/or service will generate adequate revenues and profits to create a sustainable and scalable enterprise.

Competitors: Summarize existing alternatives to your solution and any direct or indirect competitors you face or are likely to face in the future.

Competitive Advantage: Describe what unfair advantages you have over likely competition, that other qualified and well-funded groups could not easily duplicate. Intellectual Property: Describe the status of any intellectual property you may possess or intend to possess.

Risk Assessment: Starting with the highest risk item that you can reasonably de-risk using Bear Cub funds, provide a list of risk factors and associated risk mitigation strategy. Please insert rows as needed.

Risk factor Risk mitigation strategy

Use of Funds: Provide a quantitative and detailed list of specific activities you intend to undertake using Bear Cub funds. Also provide additional funds that will be required to get the product and/or service to market. Please insert rows as needed.

Source of funds Specific activity Funds required Deliverable Delivery by LEAP funds

Sub-total LEAP funds

Post-LEAP funds needed Specific activity Funds required Funding source

Sub-total post LEAP funds

Other relevant information: Please include any other relevant information below. Total application may not exceed 3 pages.