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    Ksidc - Seed Fund Assistance: 1. Project Overview

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    Iffby Web Solutions
    The document outlines the proposal template for young entrepreneurs to apply for seed funding from KSIDC. The proposal must include: 1. A project overview describing the innovation, product/service, market utility, development status and expected costs. 2. Details of the promoter and key team members, including their qualifications and experience. 3. A description of the product/service and its innovation, feasibility, unique value proposition, competition and social benefits. 4. Stages of the project's development and implementation, including testing and pilot information. 5. The business model encompassing customer segments, value proposition, distribution channels, relationships, activities, resources, scale, and competitive advantages. 6

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    Ksidc - Seed Fund Assistance: 1. Project Overview

    Uploaded by

    Iffby Web Solutions
    629 views3 pages
    The document outlines the proposal template for young entrepreneurs to apply for seed funding from KSIDC. The proposal must include: 1. A project overview describing the innovation, product/service, market utility, development status and expected costs. 2. Details of the promoter and key team members, including their qualifications and experience. 3. A description of the product/service and its innovation, feasibility, unique value proposition, competition and social benefits. 4. Stages of the project's development and implementation, including testing and pilot information. 5. The business model encompassing customer segments, value proposition, distribution channels, relationships, activities, resources, scale, and competitive advantages. 6

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    Seed-Funding-proposal-Template

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    The document outlines the proposal template for young entrepreneurs to apply for seed funding from KSIDC. The proposal must include: 1. A project overview describing the innovation, product/service, market utility, development status and expected costs. 2. Details of the promoter and key team members, including their qualifications and experience. 3. A description of the product/service and its innovation, feasibility, unique value proposition, competition and social benefits. 4. Stages of the project's development and implementation, including testing and pilot information. 5. The business model encompassing customer segments, value proposition, distribution channels, relationships, activities, resources, scale, and competitive advantages. 6

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    629 views3 pages

    Ksidc - Seed Fund Assistance: 1. Project Overview

    Uploaded by

    Iffby Web Solutions
    The document outlines the proposal template for young entrepreneurs to apply for seed funding from KSIDC. The proposal must include: 1. A project overview describing the innovation, product/service, market utility, development status and expected costs. 2. Details of the promoter and key team members, including their qualifications and experience. 3. A description of the product/service and its innovation, feasibility, unique value proposition, competition and social benefits. 4. Stages of the project's development and implementation, including testing and pilot information. 5. The business model encompassing customer segments, value proposition, distribution channels, relationships, activities, resources, scale, and competitive advantages. 6

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 3

    KSIDC - SEED FUND ASSISTANCE

    (Seed fund scheme of KSIDC primarily aims at supporting scientific,


    technological and innovative projects promoted by YOUNG
    ENTREPRENUERS which are commercially viable)

    PROPOSAL TEMPLATE
    All proposals must be submitted in English with the following information:

    1. PROJECT OVERVIEW

     what is the innovation


     product or service – USP/Entry barriers
     market or utility of the product/service
     present status(cost incurred/physical status)
     expected project cost/means of finance with breakup
     revenue model & pricing
     scalability/opportunities

    2. PROMOTER(S) & TEAM

     Chief Promoter(s)

     detailed profile of promoters:


    Age, Academic/professional qualifications, previous
    employments, business /professional experience, Contact
    details etc.

     Key team members profile

     Name, Age and contact details


     Academic Background
     Role in the Project, value addition to the project
     Professional Experience ( Knowledge / expertise in business
    management, Knowledge / expertise in technology and the
    technological aspects of proposed solution, Knowledge / expertise
    of the market or business segment)

    3. PROJECT DESCRIPTION (PRODUCT/SERVICE)


    In this section applicant should present complete information on the solution
    (product or service) to be developed in order to facilitate proper, professional
    assessment.

     degree of innovation
     technical feasibility
     unique selling point
     entry barriers for similar projects/early bird advantage
     anticipated competition/substitute products or services
     social relevance / benefit to end user

    4. STAGES OF DEVELOPMENT / IMPLEMENTATION

     concept
     developing functional prototype
     finished functional prototype
     finished product
     finished product with revenue

    Applicant must present a brief description of the solution / project stage of


    development, including information on testing, pilot project, number of users,
    clients and other information applicant deems relevant.

    5. BUSINESS MODEL

    In this section applicant must present the project’s business model necessarily
    encompassing the following items.

     Customer segment/ Target Audience


     Relevance of the product/service identified w.r.t the size of the
    target market
     Value proposition, or the product’s contribution to end users
     Delivery channels, the way the product or service will be used or
    consumed
     Customer Relationship, the way the solution manages relationship
    with customer segment
     Key Activities
     Key Resources, financial, human and material, etc
     Scale: possibility to replicate the solution and produce/manufacture
    it in commercial scale
     Clarity of the value proposition designed for the product/service
    and of the target- customer segments
     Clarity of the commercialization and distribution channels for
    product or service
     Target-market´s size, relevance, business attractiveness and entry
    barrier (including regulatory constraints, business competitors,
    etc.)
     Competitive advantages vis-à-vis similar solutions

    6. REVENUE MODEL

     pricing
     identified revenue streams
     inputs cost - materials, consumables, other direct cost
     manpower cost
     marketing expenses
     indirect expenses/administrative cost

    7. FINANCIAL ASPECTS

     project cost & means of finance with breakup details


     amount sought from KSIDC
     proposed utilization of KSIDC funds
     other funding sources
     financial projections, IRR, payback
     cash flow
     Exit options/offers to KSIDC

    ***

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