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LLP Application

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Kayla Susko

This document outlines a business proposal for a new product or service. It includes sections on the problem or opportunity, the proposed solution, a product description, market research results, competitive comparisons, pricing models, and a request for grant funds to support initial milestones. Details provided include the company name and contact information, a description of the customer pain point or market need, how the product addresses it, product features and target market size, survey results indicating market acceptance, a comparison of offerings to competitors, current and projected manufacturing or business costs and profits, and a budget for grant funds allocation across planned activities.

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Company Name Contact E-mail Phone Date Include logo here 息 2013 Company Name 1
Problem Statement Clearly state either: - the problem or customer pain that your product/service is going to solve - specific market opportunity that your product is targeting 息 2013 Company Name 2
Solution Clearly state how your product fixes the customers pain or what value product/service creates. 息 2013 Company Name 3
Product or Product Line Describe your product or product line. What are the key features? What makes it unique and innovative? [Show photo or sketch with notessell the value of the product.] What is the target market size (number of people) or yearly sales in your market space? 息 2013 Company Name 4
Survey Results Provide summary of survey results that show people would buy this product and there is a market, or other proof of market acceptance. [Specify how many people your surveys, their demographics, when and where you did the survey. ] 息 2103 Company Name 5
Comparison Categories Your Product Competitor #1 Competitor #2 Features Pricing (MSRP) Materials Appearance Other -AAAA - BBBBB -CCCCC -DDDD - XXXXXXX - EEEE -FFFFF -GGGG -HHHHH -YYYYYYYY - JJJJJ - KKKKK -LLLLLL -MMMMM -ZZZZZZZZ 6 息 2013 Company Name Change categories as needed
For manufactured products: Pricing Current Cost of Goods Time to Manufacture Sale Price per item - $ ____ Profit per item - $____ Future Goal Cost of Goods Time to Manufacture Sale Price per item - $____ Profit per item - $_____ 息 2013 Company Name 7
For a web-based or app-based products: How is the company going to make money? Current Future Goal (C) 2103 Company Name 8
Using Lion LaunchPad grant funds A $500 grant would be used for the following X items: 1. Activity or Milesone #1 ($____) 2. Activity or Milestone #2 ($____) - - - X. Activity or Milestone #X ($____) 息 2103 Company Name 9

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LLP Application

  • 1. Company Name Contact E-mail Phone Date Include logo here 息 2013 Company Name 1
  • 2. Problem Statement Clearly state either: - the problem or customer pain that your product/service is going to solve - specific market opportunity that your product is targeting 息 2013 Company Name 2
  • 3. Solution Clearly state how your product fixes the customers pain or what value product/service creates. 息 2013 Company Name 3
  • 4. Product or Product Line Describe your product or product line. What are the key features? What makes it unique and innovative? [Show photo or sketch with notessell the value of the product.] What is the target market size (number of people) or yearly sales in your market space? 息 2013 Company Name 4
  • 5. Survey Results Provide summary of survey results that show people would buy this product and there is a market, or other proof of market acceptance. [Specify how many people your surveys, their demographics, when and where you did the survey. ] 息 2103 Company Name 5
  • 6. Comparison Categories Your Product Competitor #1 Competitor #2 Features Pricing (MSRP) Materials Appearance Other -AAAA - BBBBB -CCCCC -DDDD - XXXXXXX - EEEE -FFFFF -GGGG -HHHHH -YYYYYYYY - JJJJJ - KKKKK -LLLLLL -MMMMM -ZZZZZZZZ 6 息 2013 Company Name Change categories as needed
  • 7. For manufactured products: Pricing Current Cost of Goods Time to Manufacture Sale Price per item - $ ____ Profit per item - $____ Future Goal Cost of Goods Time to Manufacture Sale Price per item - $____ Profit per item - $_____ 息 2013 Company Name 7
  • 8. For a web-based or app-based products: How is the company going to make money? Current Future Goal (C) 2103 Company Name 8
  • 9. Using Lion LaunchPad grant funds A $500 grant would be used for the following X items: 1. Activity or Milesone #1 ($____) 2. Activity or Milestone #2 ($____) - - - X. Activity or Milestone #X ($____) 息 2103 Company Name 9