InnoVits Gymnasium 2018/2019 - application request
Please describe here your business idea, completing ALL the sections.

All submitted projects will be carefully analysed. We will ensure that the process of handling and evaluating proposals is carried out in a confidential manner. All proposals submitted in response to a call are treated equally and evaluated impartially. The process for evaluating proposals will be performed by Innovits team by means of proprietary model with the focus on potential in terms of innovation and feasibility. Privacy upon the submitted projects is guaranteed by the formal internal governance of InnoVits, that directly and strictly involves every InnoVits associate.
Projects selected to enter the InnoVits Gymnasium program 2018/2019 will be communicated by October-November 2018 (date subject to change, depending on the number of requests).

Please send only one application request per project. Filling this form implies that you know and accept the "Regolamento" of InnoVits Gymnasium. For any clarification, please do not hesitate to contact us: info@innovits.it

SECTION 1
General data
Project name *
Please digit the name of the project. It will be your "brand" along the Gymnasium path.
Your answer
Entrepreneur's Last Name, First Name *
Please insert [Surname, Name] of the proponent entrepreneur
Your answer
Email *
Please provide us with the mail address of a main contact.
Your answer
Phone number (international format) *
Please digit a main reference phone number, for any possible direct contact.
Your answer
Effort actually spent by the Entrepreneur in the project *
Describe your current commitment in the project.
Do you live in Milan (metropolitan area or surroundings)? *
This is to have confidence on your possibilities to continuously follow the Gymnasium program. Any possible negative answer will not compromise the evaluation, but it will be a point we will reason about, together.
Are there other team members in the proposed project? *
For "team members" we intend other people you share your project vision, objectives and commitment with. They will spend commitment and time on the project development.
If there are other team members, describe [last name, first name, role in the organization, core competencies]
Please shortly describe (1 row per each member) roles and competences of other team members (if any).
Your answer
Project website (if any)
If the project website has been built please report the link. If you still have not any, don't worry, you will further evaluate whether it's the case to provide it one soon ...:-)
Your answer
If the project is hosted at present in a incubator/accelerator program, please indicate which program
If applicable, please name the incubation/acceleration program your project is already part of.
Your answer
SECTION 2
Project description: answer the following questions.
For each one, choose the answer that most closely describes your situation.
This project refers to a service/product that is is: *
The reference market/industry is: *
This product/service will: *
Global annual revenues in the reference market (or sub-sector) I am competing are (euro): *
The reference market (or sub-sector) I am competing: *
The competitors (i.e. addressing the same customer pain, competing for the same customer euro by satisfying the same customer need) are: *
The (real or potential) customers have: *
The go-to-market plan (sales, marketing) is: *
The revenues over the past 12 months were (in euro): *
The revenues (euro) over the next 12 months are expected to be: *
The revenues 3 years from now are expected to be: *
My strategic partnerships consist of: *
The intellectual property includes: *
The highest level of entrepreneurial experience achieved in my team consists of: *
I developed my expertise in this market by working at senior positions in the industry for: *
The number of Ph.Ds or high-tech experts that have been working for me full time for at least three months is *
The number of sales/marketing/ business development experts, who understand and have extensive contacts within my industry, who have been working for me full time for at least three months is: *
My business plan: *
I have invested "x" hours of my own time into this venture: *
I have invested my own financial funds (savings, credit cards, mortgage/debt, parents&friends) into this venture, up to (in euro): *
I have raised funds from other qualified investors (business angels, venture capitalists, banks), up to (in euro): *
My attorney (for corporate or intellectual property affairs) is: *
If a large company decided to put their resources behind competing with my startup tomorrow, my startup would be *
Once my product/service is on the market, my marginal gross margins - a new euro of revenue minus the cost of producing that revenue - will: *
Other startups in my industry raising funds from qualified investors in a similar stage of development (product, management team, revenues, partnerships, prior funding, etc.) are getting pre-money valuations of (euro): *
SECTION 3
Additional project documentation.
Executive summary (max 1 page) + company report or business plan or institutional presentation (max 10 pages) [insert the URL]
Please use the Executive Summary template provided by InnoVits (DOWNLOAD HERE --> http://bit.ly/2NekW7f). Provide a link to download other documentation in your possession
Your answer
Describe 1-2 major needs/expectations that you would like to address in Gymnasium
Be very specific (i.e. development of a prototype, test with target customers, refinement of the business model/business plan). 100 words max.
Your answer
SECTION 4
Useful information
Where did you discover InnoVits Gymnasium?
Intellectual property, non-disclosure, legal warranties
Please note that the following text is written in Italian in respect of compliance with the Italian law. In case you needed any clarification, please do not esitate to contact us at info@innovits.it
A - Intellectual property, waivers and guarantees.
With the request to participate in the InnoVits Gymnasium, each participant:
- expressly declares that each proposed design idea is original and does not in any way violate, either in whole or in part, the intellectual or industrial property rights of third parties, hereby releasing InnoVits and/or its partners from any liability, liability, claim for damages and/or compensation that may be brought by any third party in this regard;
- assumes the burden of and full responsibility for the protection of its design idea and its inventive and/or original aspects through the means provided for that purpose by the law (registration, patent or similar, as the case may be) before the presentation of the same in the path Gymnasium;
- acknowledges that the presentation of their idea implies visibility to the InnoVits team members and that InnoVits does not assume any responsibility in the event of use and/or abuse of the idea and/or any development and implementation of the same and/or the related project, by anyone who has come to its knowledge, waiving in effect to make any claim for damages and/or compensation against InnoVits for any reason, reason and/or cause.
B - Confidentiality
The documentation submitted will be examined by InnoVits' working group.
InnoVits undertakes to ensure that the subjects indicated above keep strictly confidential the materials and information relating to the ideas and final projects submitted for their evaluation and do not use these materials and information except for the purposes strictly related to participation in Gymnasium, as provided in the Privacy Policy on the site innovits.it.
I declare to have read the above points A-B *
I declare that I have read and agree to the "Regolamento di InnoVits Gymnasium" *
The regulation is available on InnoVits Web site (www.innovits.it) and can be requested by email (info@innovits.it)
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