Sample Application Form
Here’s a preview of the questions you will be asked to answer:
Have you previously applied to one of the Converge Challenges?
☐Yes
☐ No
If yes, please clarify what progress you have made since your last application (200 words).
Non-confidential summary (100 words)
- Please provide a brief summary of your idea for an innovative new product/service. This summary may be publicly shared and should not include any confidential information about your business idea.
Marketing Information
- Please provide your business description in 280 CHARACTERS (not words), in the style of a Twitter bio.
Your Business Proposition (500 words)
- Describe your idea for a product/service and the problem your idea solves
- How is your idea innovative?
- If relevant, what is the potential social, cultural, educational or environmental impact of your idea?
- What stage of development is your idea? (e.g., concept stage, prototype stage)
- How will you prevent others from copying your idea?
- How will your business generate income and become financially sustainable?
- Please provide details of any previous funding/investment received
Your Customers (250 words)
- Who is likely to buy your product/service?
- What is your evidence that these customers need/want your product/service?
- How have you interacted with your potential customers?
- How will you get your product/service to your customers?
Resource Planning (250 words)
- Please outline your plan for the next 12 months to develop your business idea
- In which areas do you need support to meet your 12-month plan?
- How much money do you think you need to get your idea to the next stage of development? (e.g., from concept to first prototype; from prototype to minimum viable product)
- What skills/team do you need to turn your idea into a business?
- What other resources will you need to develop your plan? (e.g., lab access, equipment, software, etc.)