HOST: Put your school logo here TEAM ORIENTATION
Agenda Schedule walk-through Key Logistics Key Rules Team Hosts –Rules / NDA –Facility tour
Schedule Walk-Through 9:00 Entrepreneur pitches 10:00 Due diligence See Deliverables Schedule for after lunch –1:00 Written deliverables begin –1:30 Negotiations begin 4:30 Awards & VC Round Robin
Key Logistics Food Technology Access codes (delete this slide if not necessary)
Fund Profile You must invest in exactly ONE company Fund size: _____ Other details in folder
Key Rules School anonymity to judges and entrepreneurs No outside contact No help from advisors
Key Rules – Due Diligence You may quickly introduce yourselves to entrepreneur before timer starts (not judges) Hard stop at 15 minutes No contact with entrepreneur outside of session
Judging Criteria Morning 33% Due diligence Afternoon 67% Term Sheet, Negotiation and Q&A
Deliverables to: _____________ (filename: teamname.doc) Written deliverables: 5 pages maximum –1 page executive summary (judges only) –1 page term sheet summary (judges and entrepreneurs) –3 sheets attachments (optional, judges only) Judges will get deliverables just before you arrive for negotiations See schedule for due times
Negotiations 15 minutes hard stop, 10-minute Q&A Not judged on getting to a deal (see judge form), but do need to attempt to make progress Entrepreneur will get Term Sheet Summary just before you arrive for negotiations
Signed Rules & NDA Any questions about rules? Turn in signed Rules and NDA
Facility Tour Study room, classrooms, bathrooms, food, etc. Check internet and printing By back by 8:55 to be ready for 9:00 start