Start Your Engines! TYE Dates Going Forward

The TYE Leadership Team has confirmed the following milestones for the remainder of the 2008-09 TYE Program. Please mark your calendars accordingly.

Important Dates

• $10,000 Business Plan Competition Winners Announcement @ TiECON East – May 21, 2009
• Final Presentation Date: May 16, 2009
• Mock Presentation Date: April 17, 2009 (10 Weeks Away)

Complete Team Selection – February 14, 2009

• E-mail your Team Information to Hooman Hodjat (hhodjat@gmail.com)
• Share your Top 3 Ideas (1 Paragraph Description of Product or Service)
• If not in a team, e-mail your areas of interest

Milestone 1 – Define your product/service – February 28, 2009

• Complete Opportunity Assessment / SWOT
• Complete Market Research (Identify Target Market, Define Market Size, Competition)
• There will be a work session at 930 Winter Street on February 28, 2009 9-12 pm
  

Milestone 2 – Develop Marketing Strategy – March 7, 2009

• Define Value Propositions – Cost Benefit Analysis
• Develop Marketing Plan to Reach target customers
• Develop Revenue (Business) Model
• There will be a work session at 930 Winter Street on March 7, 2009 9-12 pm

Milestone 3 – Develop Financial Plan – March 21, 2009

• Build Income Statement
• Define Cash Requirements – How much and for what? (Simple Cash Flow Model)
• There will be a work session at 930 Winter Street on March 21, 2009 9-12 pm

Milestone 4 – 1st Draft of Business Plan Presentation – March 28, 2009

• Executive Summary
• Opportunity Definition
• Market Size
• Team (Background, Experience, Interest, Responsibility)
• Revenue Model
• Financial Statement (Income Statement)
• Competition
• There will be a work session at 930 Winter Street on March 28, 2009 9-12 pm

Milestone 5 – 1st Draft of Business Plan – April 17, 2009

Milestone 6 – Final Business Plan and Presentation – May 16, 2009