Green Machine
Green Machine – healthy food vending machines powered by solar panels in universities
1,000 words
Task:
“Imagine that each of you are an angel investor in a business angel investor network (Kent Angels) and are looking to fund a start-up. Your group has been asked to evaluate the business plan for the start-up Green Machine. Explain whether you would invest in this start-up and why or why not. What questions would you ask the start-up team or what further information would you seek from the start-up team before making your funding decision? Write a memo to other interested angel investors in the network with your recommendation.”
Opening Segment Royen
Summary segment Royen
If longer than a page include
Brief statement providing key recommendations
Discussion Segment
Ordered strongest to weakest
All details that support ideas
Start with most important (key recommendations)
Research that supports the memo
Further point: (these are asked in the assignment brief)
- What questions would you ask the start-up team:
- What relevant experience do you have that can help support the business
- What are potential issue you can see arising over the first few years of operations
- Do you see the potential of additional employees
- How do you see your responsibilities change as the company matures
- what further information would you seek from the start-up team before making your funding decision?
- Further market research
- A comprehensive financial plan: listing expenses, and justifications/tangible evidence to where this information was taken from