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 project and 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)
- What is your product/service and what problem does it solve?
- What is the innovative element of your idea and how will you protect it? Please include details of your Intellectual Property position and IP strategy.
- What is your competition and why is your idea better?
- What is the potential scale and growth opportunity of your proposed business?
- What is your proposed business model?
- What stage of development is your product/service (e.g., prototype, market-ready)? If you are a university spinout, please state your proposed spinout date.
- Please provide details of any previous funding/investment received
Your Customers (250 words)
- Who are your target markets and customers?
- How have you engaged with your customers/end users?
- What is your evidence of product-market fit?
- What is your proposed route to market?
Resource Planning (250 words)
What resources do you require to make your business “market ready”? For example:
- Funding
- Current and future team
- Skills/expertise
- Equipment
- Premises
Your Impact (250 words)
- Please provide a summary of your project’s social, cultural, educational or environmental impact.
Detail the kinds of benefits you would plan to deliver to individuals, the communities and/or the environment. For the Net Zero Challenge, please specify your environmental impact, its potential scalability, and how you intend to measure it.