Application's questions

In order to prepare your application, please read the questions you are required to fill in your entry form. All questions are mandatory to answer. 

1. What is your company's name? 

2. Under which industry does your company fall? 

• Biotechnology & medicine
• Computer & electronics hardware
• Energy
• Internet & web
• Nanotechnology & materials
• Software
• Telecommunications
• Transportation
• Other

3. Was your company incorporated? If so, please include the type (Inc, LLC, etc).

4. When and where was your company incorporated?

5. Has your company received funding and how much? 

6. How many full/part-time employees does your company have?

7. Please provide your company's website

8. Provide an elevator pitch for Twitter

9. Please provide a full length elevator pitch.

10. Please list your company's advisors and board members.

11. Please describe what problem you are trying to solve.

12. Briefly provide a summary of your solution to the problem.

13. What is your product/service’s competitive advantage?

14. How long can you maintain your competitive advantage? How will you do so?

15. Does your product/service have an IP (intellectual property) component?

16. What is your target market?

17. What is the current size of the target market?

18. What is the estimated annual growth of your target market?

19. Who are your target customers?

20. What steps have you taken to assess demand for your proposed product/service?

21. In U.S. dollar terms, what is your estimated total addressable market?

22. Who are your competitors in the market?

23. What is your company business model?

24. How will your company make money? What will be its primary source of revenue?

25. Does your company have revenues? If yes, how much?

26. What funding is required to launch your company? If you have already launched and received funding, please discuss additional funding requirements. Please provide an explanation.

27. What is your timeline for generating revenue after launch?

28. Please provide financial projections.

29. What is your timeline for breaking even after launch?

30. What are your major challenges? How do you plan to address these challenges?

31. How do you expect MITEF in general and the Startup Competition in particular to help your company?

32. What do you expect to contribute to the local and global MITEF Community?

Notes:

• Almost all answers are limited to 500 characters, so prepare them well before you enter your final application.
• All questions are mandatory to answer

Other Assets

• Link to LinkedIn profile for each member of the management team (optional)
• Upload an executive summary, a 1-2 page PDF written summary
• Upload 1-3 Minute Video Statement pitching your idea (optional)