3. What is the problem being
addressed?
How is the problem identified?
Is the problem faced by all or only a segment?
How do you know the problem exists?
What are the existing solutions to the problem?
Hints
4. Solution identified!
What do you think is the solution to the problem identified?
Which are the critical aspects of your solution that helps address
the problem?
Have you done the market analysis of your solution?
HINTS
5. Design Features
Explained
Explain the design and its working features.
Explain the salient features of the proposed design?
How will this design help solve the problem identified?
What are the unique/novel features?
Have you patented/copyrighted your work?
Comparison metrics with other similar products/service
HINT
6. Cost Estimation
What is the cost of the product?
How many products can be sold in the market?
How have you arrived at your profitability?
How are you generating income (Eg subscription model etc)
HINT
7. Business Plan
What is your total market size for your product
Who is your customer?
Which business model are you adopting? (Eg B2B or B2C)
What are your limitations in making this a business at this point of time?
Future plans?
HINT
