Rules
Six Questions for registration of your idea:
1. Problem Statement (Max: 400 words)
*Who is your customer? What customer problems will you solve? How does your customer solve that problem today? What other solutions will compete for that customer?
2. Target Market & Size (Max: 400 words)
*Provide a preliminary description and estimate of the size of the potential market (number of customers that can be reasonably addressed, how much profit one can expect per transaction, and how many repeat transactions you expect from the same customer over a period of time).
3. Proposed Solution and Value Proposition (Max: 600 words)
*Provide a concise description of the proposed business concept and why it is unique / compelling. How will it solve the problem? How will your solution create exceptional value for the customer? How is it different from and superior to other solutions in the market?
4. Business Model (Max: 400 words)
*How will you deliver this solution to your customer affordably and effectively, and how will your venture make money (revenue minus costs)?
5. Stakeholder Impact (Max: 400 words)
*CEOs of some of the largest corporations have revised their definition of the purpose of a corporation from profit maximization to leading their companies for the benefit of all stakeholders (customers, employees, suppliers, shareholders, people and planet). Explain how your idea will create value for all stakeholders.
6. Investor Attractiveness (Max: 200 words)
*Why should someone invest in your venture? Explain why you will be successful.
Participants in the FBCC are a diverse group of students from the University of San Diego (USD), reflecting a wide range of academic disciplines and backgrounds. Here are the key characteristics:
- Must be a current student during FA25 (FT/PT/in person/online)
- Can be from any part of USD
- Can be graduate or undergraduate student
- Can compete as individual or as team
- Teams can be up to 3 other (students or non-students) and be a max of 4
- Only USD student members can present and receive scholarship awards