LaunchBox and LION Tank™ Application

We are looking forward to hearing about your business idea! Our services include general as well as five specific levels of service. Please indicate the kind of service you are seeking.

Helpful Information before You Begin

Please review this entire application before filling it out. Be sure to provide complete answers to that we can give it full consideration. If you are applying to compete in the LION Tank™ Pitch Competition, you will be required to submit a video (as a link to YouTube). Applicants accepted into the competition will be notified and provided with coaches.

Would you like a brief tutorial on building a business model to help you with the application form? This video may answer your questions.

Timeline 2020

Apply by February 28: Online application open for 2020 LION Tank™
February 24 - 28: Selection process finalized, applicants notified
LionTank Event: Wednesday, March 4
Ongoing open application: If you are applying for LaunchBox services without the LION Tank™ pitch contest, please apply at any time.

Attending LION Tank™ as Audience Member

If you'd like to join us to celebrate the ingenius entrepreneurs competing in this year's LION Tank™, please let us know how many seats you'll need! Attendees reserve seats online. LION Tank™ participants do not need to RSVP - we have you covered!

Business Model Worksheet

Project name

Who is involved?

Key partner names

Do you sell a product or a service?

Key activities

Do you have a patent, copyright, idea, or special skills?

Key resources

What unique things will you bring to the marketplace?

Value propositions

How will you find and keep customers?

Customer relationships

Who are your customers?

Customer segments

How will you get your product or service to your customers?

Channels

What costs will you incur to get your product or service to your customers?

Cost structure

How will you make money?

Revenue streams

Application

Primary contact name

Email address

Telephone

I am currently a

If you selected "Other" for the question above, please describe yourself

School name

What is the name of your business / organization?

Has your business / organization ever been legally registered?

Team members

Add team member 1

Name

Role

Add team member 2

Name

Role

Add team member 3

Name

Role

Add more team members

List advisers or mentors you have worked with to date to develop your idea

Has the business generated any revenue or garnered investment?

Please note: this is not a requirement.

Product, service, or business idea

Describe your product, service, or business idea and the problem that it solves

What industry does your business fit into best?

Also, what industries are you interested in exploring if accepted into Penn State Mont Alto Launchbox?

What is the current development status of your business?

If you selected "Other" for the question above, please describe your business development status

Research

Who are your competitors?

What is new or different about your business?

What customer feedback have you received to date?

Additional information

Intellectual property or unique skills

Please tell us about any intellectual property or unique skills that you have that may benefit you as an entrepreneur and your business.

What level of service are you seeking for your business?

Full descriptions of the types of services offered are available on Our Services page: http://montalto.psu.edu/launchbox/services

Are you applying to compete in the LION Tank™ pitch competition?

This annual competition is open to new and early-stage startups.

Yes

No, I am only applying for LaunchBox services.

Why do you think you should be accepted into the Penn State Mont Alto Launchbox?

How will you benefit from this program?

How do you anticipate using the Penn State Mont Alto Launchbox to further your business?

What services do you anticipate utilizing, and what do you hope to accomplish?

Contribution and interaction

How do you plan to contribute and interact with other members of the Penn State Mont Alto Launchbox community, and the greater Mont Alto community?

Video link

Video link for pitch competitors

Please record a short video (three minutes or less) of you and your team describing your business concept, what problem it solves, and why you are uniquely positioned to solve it. Please post the video to YouTube, Vimeo, or another video-sharing site, then provide the link to it here.