MNE2601
ASSIGNMENT 4 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 26 OCTOBER 2024
, Part 1: Before the Pitch (Preparation)
1. Know Your Audience:
Identify who you will be presenting to. For example, if you're pitching to
investors, they will want to see the return on investment. If it's to partners or
customers, they will focus on how your idea solves their problems. This will
shape how you position your idea.
2. Refine the Idea:
Clearly outline what your innovative idea is. Consider: what gap or problem
does it address? What is the core benefit that sets it apart from existing
solutions?
Example Idea: A solar-powered mobile charging station aimed at rural
communities with unreliable electricity. It is designed to provide affordable and
accessible power for essential communication devices.
3. Research and Validation:
Back your idea with evidence—research market demand, existing
competitors, or potential growth. For example, research could show that 70%
of people in rural areas lack reliable electricity, indicating a need for
alternative energy solutions.
4. Create a Narrative:
Build a narrative around your innovation, outlining the journey from the
problem, the solution, and the impact it will have. This story will keep your
audience engaged.
5. Visual Aids (PowerPoint):
ASSIGNMENT 4 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 26 OCTOBER 2024
, Part 1: Before the Pitch (Preparation)
1. Know Your Audience:
Identify who you will be presenting to. For example, if you're pitching to
investors, they will want to see the return on investment. If it's to partners or
customers, they will focus on how your idea solves their problems. This will
shape how you position your idea.
2. Refine the Idea:
Clearly outline what your innovative idea is. Consider: what gap or problem
does it address? What is the core benefit that sets it apart from existing
solutions?
Example Idea: A solar-powered mobile charging station aimed at rural
communities with unreliable electricity. It is designed to provide affordable and
accessible power for essential communication devices.
3. Research and Validation:
Back your idea with evidence—research market demand, existing
competitors, or potential growth. For example, research could show that 70%
of people in rural areas lack reliable electricity, indicating a need for
alternative energy solutions.
4. Create a Narrative:
Build a narrative around your innovation, outlining the journey from the
problem, the solution, and the impact it will have. This story will keep your
audience engaged.
5. Visual Aids (PowerPoint):
