Converge Application Form 2023
Non-confidential summary (100 words)
- Please provide a brief summary of your project and product/service.
- Please provide your business description in 280 CHARACTERS (not words), in the style of a Twitter bio.
Your Business Proposition (500 words)
- What is your product/service?
- What problem does your product/service solve?
- What is your Unique Selling Point?
- What is the “innovative” element of your product/service?
- What is your competition and why is your idea better?
- What stage of development is your product/service (e.g., idea, proof-of-concept, prototype, market-ready)?
- What is your Intellectual Property position and IP strategy?
- Please provide details of any previous funding/investment received
Your Customers (250 words)
- What is your target market?
- Who are your customers? (Is your customer also the end user?)
- Have you spoken to your customers/end users?
- What is your proposed route to market?
- What is your proposed business model?
Resource Planning (250 words)
What resources do you require to make your business “market ready”? For example:
- Current and future team
Your Impact (250 words)
- Please provide a summary of your project’s social, cultural, educational or environmental impact.
- Detail the kinds of benefits you would plan to deliver to individuals, the communities and/or the environment. For the Net Zero Challenge, please specify how you will contribute to the Net Zero goal.