Our goal for every applicant is to go through our selection process and gain valuable knowledge about your business, regardless of the outcome.

Please create a lean canvas model for your business and

Lean Canvas - Do you have a succinct grasp of your business model?

Background:

Traditionally, businesses have used extensive business plans to demonstrate their company's value. However, we prefer the Lean Canvas method for founders to communicate their idea/business. This will allow us to better understand your business model (or potential business model).

<aside> ❓ If you’re still in ideation, please do your best to imagine what these answers will look like when you have an MVP.

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Assignment:

Summarize your business model in a concise 1-page diagram. The Lean Canvas provides an ideal format for brainstorming potential business models, prioritizing initial steps, and continuously refining your strategy based on ongoing insights.

First, read the following Lean Canvas info packet to understand how we will grade.

Next, fill out your Lean Canvas using this template.

Lastly, submit your Lean Canvas here.

Resources:

• Lean Canvas info packet
• Lean Canvas worksheet template (sign up for a free account)
• Lean Canvas worksheet template (if the above link does not work)

<aside> ⚠️ Please make sure the text is easy to read, or your application will be skipped.

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Submit your canvas here ⬇️