Ignite Week Program: Objective

Ignite Week Program http://www.waed.net/English/Pages/default.
aspx
Objective: This intense Ignite Week will empower entrepreneurs to turn their innovative business ideas into reality within a compressed timeframe of 5 days. They will develop an entrepreneurial mindset/culture, obtain a unique startup experience, and create a prototype product that will benefit customers. Ignite Week will enable entrepreneurs to build the social media, web application, mobile application, or other technology that theyve been dreaming of developing. The entrepreneurs will meet and work with like-minded developers, designers, and business professionals to turn their ideas into reality. Engaged Parties: Deliverables: Saudi Aramco Entrepreneurship Center (Waed) KAUST Entrepreneurship Center Functional Prototype Market Analysis and Customer Feedback Actionable Business Plan (incl. Budget and Deliverables) April 7-11, 2012, at the Plaza Conference Center- Saudi Aramco
Date and Location:
# Of Participants:
100 = max 50 with an innovative business ideas and max 50 with an interesting professional background (e.g., software development, sales, finance, etc.)
Program Schedule:
U
First day is called Ideathon

April 7th, 2012 Aramco Entrepreneurship Center (Waed) and KAUST Entrepreneurship Center The primary objective of the first day is to sharpen and strengthen the ideas that participants plan on pitching. Following the Ideathon, all participants will have a sharpened idea and a wellrehearsed pitch ready to be presented at the upcoming Ignite Week. The Ideathon will take place over the course of 4 hours, and will function in four different stages based on the strength and maturity of the applicants idea. 1
Date: Engaged Parties: Objective: Deliverables: Event Structure:
Schedule:
10-10:15AM = Welcome and introduction Welcoming notes from Waed and KAUST EC 10:15-11:30AM = Stage 0 Initial pitch of 50 entrepreneurs with Ideas Each entrepreneur will pitch his/her idea in 60 seconds. This will set the stage for the next steps. Judges will evaluate the pitches in real time, and direct entrepreneurs to an appropriate track
10:16AM-3PM = Stage 1-3 10:16AM 1PM = Stage 1: Problem Identification and Solution Entrepreneur will be walked through various exercises to help them communicate the specific problem that their startup will address, and the solution that they have proposed. 10:16AM 2PM = Stage 2: Validating the Market Entrepreneurs will work in small groups to identify and validate their targeted market, and also explore other potential market segments based on the opinions and expertise provided by the other participants in the group. 10:16AM 3PM = Stage 3: Perfecting the Pitch Entrepreneurs will work on mastering their pitch in less than 60 seconds. All participants will receive assistance drafting their pitch, and will have multiple opportunities to be videotaped as they give their pitch, for review and selfimprovement. ___________________________________________________________________________________ Day 2 (Sunday April 8, 2012) 08:00 - 09:00AM 09:00 09:30AM 10:00 10:20AM 10:30 11:30AM 11:30 12:30PM 1:00 2:00PM 2:15 3:00PM Registration and Reception Welcome, Introduction and Program Overview by Waed and KAUST EC Keynote Speaker Pitches, 60 seconds each (see below) Team Formation (see below) Lunch Workshop Generating and Pitching a Professional Business Plan for Startups 2
3:00 7:00PM 7:00 8:30PM 8:30PM

U
Teams start to work Dinner Teams continue to work
Pitches: Before the pitches, all pitch slides (1 slide per pitch) will be printed and posted on a wall Pitch slide shows the business idea and skills needed to form a team
Team Formation Assumptions: All participants will be given 1 sticker (color coded based on their skill set develop, design, business) to vote on their favorite business idea. Team size should be 4-6 people. Once a team is formed, the leader takes the idea off the wall and takes his/her team to a workstation. Waed and KAUST EC will help place any remaining participants on a team.
Coaches:
Coaches will be assigned to 2-3 specific teams. __________________________________________________________________________________ Day 3 (Monday, April 9, 2012) 08:00 9:00AM 09:00AM 1:00PM Breakfast Teams continue to work
10:00 10:45AM Workshop app/web development (optional) 12:00 12:45PM Workshop social media for startups (optional) 1:00 2:00PM 2:15 7:00PM 2:15 3:00PM 7:00 8:30PM 08:30PM Lunch Teams start to work Workshop market validation (optional) Dinner Teams continue to work
________________________________________________________________________________ 3
Day 4 (Tuesday, April 10, 2012) 08:00 - 09:00AM 09:00 01:00PM Breakfast Teams continue to work
10:00 10:45AM Workshop business model (optional) 1:00 2:00PM 2:15 7:00PM 2:15 3:00PM 7:00 8:30PM 8:30PM Lunch Teams start to work Workshop how to pitch (optional) Dinner Teams continue to work and start preparing their presentations
__________________________________________________________________________________ Day 5 (Wednesday, April 11, 2012) 08:00 - 09:00 AM 09:00AM 01:00PM 1:00 02:00PM 2:15 2:35PM 2:35 4:35PM 4:45 4:55PM 4:55 5:00PM
U
Breakfast Teams work on their presentations Lunch Keynote Speaker Startup presentations (see below) Announcing Winners (see below) Closing Remarks from Waed and KAUST EC
Presentations: 3 min to present and 2 min Q&A Judges will discuss the scores and decide upon the 3 winning teams 3 winning teams will be announced by a special guest

Ignite Week Program: Objective

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Ignite Week Program http://www.waed.net/English/Pages/default.

Date and Location:

First day is called Ideathon

Date: Engaged Parties: Objective: Deliverables: Event Structure:

3:00 7:00PM 7:00 8:30PM 8:30PM

Teams start to work Dinner Teams continue to work

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