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►About
VCIC-Lite: Less work, more
fulfilling
"We have almost 30 teams interested in competing and I
would welcome receiving the business plans as soon as
possible... I was expecting 15 or so. Thank goodness for VCIC Lite." John Wolff, Columbia Business School
We created this round in response to hearing about
schools using written applications to screen teams. VCIC
is designed to emulate a real-life VC experience.
Written applications don't do that!
Alterntaively, VCIC-Lite is a
format in which you can observe and judge a team's
live performance and interactions. Here's how it works:
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Organizers
email
HQ
to request VC-backable business plans (subject to availability).
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You distribute
business plans to teams 48 hours prior to the "event."
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The event:
a series of 8-minute pitch/Q&A session for each team.
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Require
teams to bring copies of written
deliverables. No PPT.
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5 minutes to "pitch" the
investment opportunity.
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3 minutes Q&A from
organizers/judges.
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Use
VCIC-Lite Judging Form.doc.
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Note importance of coachability
and presentation skills.
Files needed for internal screen
round:
Back to
Help for Organizers: Internal
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