MICApreneurship – Oct 31

Talk by Stephanie Ching

1. About me
2. MICApreneurship.com is an online Hub of students & alumni, explore opportunities of investors.
3. UP/start MICA venture competition
4. The Pitch; think of different scenarios. A pitch is in fact storytelling
   1. What is an LLC
      What is a ‘Limited Liability Company – LLC’

      A limited liability company is a corporate structure whereby the members of the company are not personally liable for the company’s debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship. While the limited liability feature is similar to that of a corporation, the availability of flow-through taxation to the members of an LLC is a feature of partnerships.

   2. Mentor
   3. The final round of competition
      1. pitch to teachers
      2. Pitch to public

The Pitch in 2 MIN!

1. Problem Opp
2. Solution & Value proposition – What are you doing and How? Features, Ventures, Comp. advantage
3. Target Market – Who are you selling to? describe persona -> be specific. Channels to professional women between 35-45, who value uniqueness
4. How do you deliver the product? How do you reach customers?
5. Business revenue – How do you make money?
6. Who do you have? How are these qualified to do x?
7. Ask Who do you want/need?
8. Competition: Who is similar? How are you different?
9. Final forecast: What are your projections?
10. Status/ Milestone in 1 year? Have you researched and validated what the market needs?
11. Demo – Mockup, visualize where you are working on.

Look at the AIRB&B pitch 2018

Small Business loan:

• Maryland volunteers lawyers for the Arts (drop-in)
• Small business admin
• A small business resource center
• Maryland Dept of Commerce
• MICA network – job/intern – resource
• MICApreneurship.com Templates for contracts

TIP: Always have things in writing!

The business model canvas (where you get your money from)

8 schools/ 250 innovators

Building a sustainable life as an artist

“Eventbrite – MICApreneurship presents MICA & Artists U: Building a Sustainable Life as an Artist – Saturday, November 10, 2018, at Leake Hall ABOX, Baltimore,

Based on twelve years of work with artists locally and nationally, artist leaders Ashley Minner and Andrew Simonet will offer tools for reconnecting with our deep values, building community, and making it all sustainable. We will focus on strategic planning, financial thinking, artist mission statements, and time management.”

Check out www.micapreneurship.com for additional upcoming events, opportunities, and business resources. Learn more about Artists U here.”

http://micapreneurship.weebly.com/upstart-2019-info-session.html

Upcoming: Exhibit at Open Works

Exhibition and Final Presentation – Margaret

Dec 12 opening 18:00 – 20:00 – Jan 21