Project for evaluation (Click on the name of your assigned project for more information)

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ROUND 2 - BUSINESS MODEL INNOVATION

Task: The leader must upload a 10-minute video-recorded pitch along with fieldwork evidence to his/her group space on www.socialbusinesscreation.com. Provide a document that lists all evidence and explains the purpose of each piece of evidence according to the criteria of Round 2.
Deadline: 14 June 2024 (23h59 Montreal time)
Passing grade: 30 points

A. Social business design

A1. Social mantra one-liner

In one line (maximum 15 words), state your social mantra. The mantra must appear in both your video-recorded presentation and your group description on  www.socialbusinesscreation.com. The score shall be zero if the one-liner exceeds the word limit.

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

A2. Product/service presentation

Present your product/service and explain to potential buyers (1) what the products/services look like and (2) how the products/services are used.

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

B. Business model

B1. Business model overview

Describe your business model in such a way that people can quickly grasp your business logic and its innovativeness.

  • Information presented in the pitch (6 points)

B2. Economic value for customers

Describe your market and explain how the products/services create economic value for the customers so that they will pay you.

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

B3. Target social impacts

Explain how your business creates social impacts through the provision of your products/services.

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

B4. Feasibility

Demonstrate the feasibility of your business model (i.e. your team's ability to carry out the required activities through in-house resources and capabilities and/or committed partners).

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

B5. Profitability

Explain your logic for making profits including your revenue model and cost structure.

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

B6. ESG integration

Explain how you integrate environmental, social, and governance (ESG) principles in your business model to contribute to sustainable economic development, investor confidence, and the well-being of society.

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

C. Business model validation

C1. Crowdfunding/crowdsourcing campaign

Present your campaigns both online and offline.

  • Information presented in the pitch (4 points)
  • Fieldwork evidence (6 points)

C2. Learning curve

Describe what you have learned from the fieldwork to develop your social solution and how you improve your project.

  • Information presented in the pitch (6 points)
  • Fieldwork evidence (4 points)

Overall comments and suggestions to improve the project

You should apply the GIFT principle when giving your comments (Generous; Inspiring; Future-oriented; Timely)
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