Congratulations on being selected as a Next Generation

Congratulations on being selected as a Next Generation Entrepreneurs Round One Finalist!
Your Round One Finalist application with your marketing plan attachment is due no later than February 15,
2013. Judging will occur shortly after the deadline, and all finalists will be notified on their standing by the end of
February 2013. One winner or one winning team will be announced at the Pinellas Education Foundation
Career Education Breakfast on March 20, 2013. Round one finalists will also be briefly recognized at the Career
Education Breakfast.
Next Generation Entrepreneurs Application
Please fill application in electronically and email to [email protected].
Individual
Team Application: (No more than 3 members)
Student Name 1:
School:
Grade:
Student 1 Email:
Phone:
If you are working as a team, list members below.
Student Name 2:
School:
Grade:
Student 2 Email:
Phone:
Student Name 3:
School:
Grade:
Student 3 Email:
Phone:
Project Name:
Answers for all questions following must be 200 words or less.
Your Business Overview
1. Write an Executive Summary. Be sure to describe your business in one or two paragraphs. Be sure to
define your product, service and explain the problem or need your business idea solves.
Answer:
Your Target Market
2. Describe the profile of the customer(s) you expect to benefit from your idea or product. Do you expect
particular ages or genders to be your buyers? Is there a geographic range or limit to your audience? Is this
a luxury item or something that will save customer’s money?
Answer:
The Competition & Your Market Share
3. Do you have a competitor or competitors? If yes, explain what makes you different from your competition?
Assess and identify your strengths and weaknesses.
Answer:
Marketing Plan
4. Explain your Marketing Plan and Tactics. How will you brand your product or service and company image?
How will you reach your target market and the customers you want to sell to?
Answer:
Your Sales Strategy
5. What is your strategy to sell your first 10 units? Be sure to explain tactics you plan to implement. How will
you create more value than the current product or service that is out there? How will you ensure there will
be demand for your product or service?
Answer:
Utilization of the $10,000 Grant
6. If you are awarded the $10,000 grant, how would you use the funding? Are you planning to pursue
obtaining additional funding or income investments for your new business idea? Have you received any
cash or “in kind” donations for your new business, or will you need to do additional fundraising in the future?
7. What expenses will you incur and what are your anticipated start-up costs you will need to fund for your new
business?
Answer 1:
Answer 2:
OPTIONAL:
You or your team may include any exhibits, business models, or prototypes you would like to submit.
By checking this box you agree that you are willing to commit and agree to all the requirements to continue as a
round one finalist: Student 1
Student 2
Student 3
Once you have completed the application, please sign the application and return your round one finalist
application to the Pinellas Education Foundation no later than February 15, 2013.
You can send it by:
 mail to 12090 Starkey Rd, Largo, FL 33773
 fax 727-588-4822 or
 email ([email protected]).
Until this signed copy is received your application or your team’s application will not be considered
complete. All completed applications must be received by the Foundation by no later than the
February 15, 2013 deadline.
1 Student signature
1 Parent/guardian signature
Print 1 Student Name
2 Student signature
2 Parent/guardian signature
Print 2 Student Name
3 Student signature
3 Parent/guardian signature
Print 3 Student Name
All completed applications must be signed by a workshop mentor and a Pinellas County School
representative.
Workshop Mentor signature
Pinellas County School Representative signature
Print Workshop Mentor name
Pinellas County School Representative Name/Title