Please Print and Use as Outline

 

  INNOVATIVE PRODUCT/SERVICE DEVELOPMENT AND COMMERCIALIZATION PLAN

(25 pages maximum)

 

Outline for Plan

 

      I     Executive Summary (two page synopsis of the Plan)

II.          Describe Your Product/Service. Explain Why it is Innovative and the Market Need it Responds to.

III.      Describe Your Product/Service Development Plan

§      Indicate the Development Stage of your product/service (concept, under development, or working prototype)

§      Do you plan to apply for Federal Small Business Innovation Research (SBIR) Grant Funds?

§      Can the product be patented or protected by other means?

§      How will the product be developed to the prototype stage; and by whom?

§      How will the product be developed to the commercial production stage; and by whom?

§      How long will it take to fully develop the product/service so that it is ready for the commercial market (time to market)?

IV.        Describe Your Product/Service Commercialization Plan.

§      Describe user profile and potential market size for your product/service

§      Potential competition

§      Your Competitive advantages

§      Marketing Strategy and Proposed Distribution Channels

 

V.          Describe the Potential Management Team Members and Partners (include their roles and qualifications) who will establish/operate the Company that will develop and commercialize your product/service.

 

VI.        Financial Projections

§      Estimated Capital Requirements to develop and commercialize your Product/Service and proposed use of capital .

§      Potential Sources of Capital

§      Three-year Pro-Forma Income Statement.

§      Projected Return on Investment (ROI)

 

Plans must not exceed 25 pages.

Five copies of the Plan must be personally delivered to your PFI Competition Campus Coordinator in a 8 1/2 x 11, sealed envelope, marked CONFIDENTIAL, at the following address no later than 3 p.m. on March 31, 2004:

Campus Coordinators:

        Inter American University/Bayamon
            Marcos Menendez
            Dean, Management and Technology
            Building E, Office 143
            Inter American University
            500 Road 830
            Bayamon, PR  00957

            email: mmenendez@bc.inter.edu
            Tel. 787.279.1912 ext. 2013
            Fax  787.279.2205

        Inter American University/Metro Campus
           
Dr. Mario Sverdlik
            School of Business Administration, 5th Fl

            email: msverdik@inter.edu
            Tel. 787.728.4205

        Inter American University/San German Campus
           
  Dr. Zulma Quinones
             Business Administration Department
            
             email: zquino@sg.inter.edu

        Polytechnic University
            Dr. Edberto Leal
            Director, Investigacion Cientifica
            Edificio Nuevo
            Salon P-102
            Hato Rey, PR

            email: eleal@pupr.edu
            Tel. 787.622.8000 ext. 487
            Fax  787.767.2921

        University of Puerto Rico/Mayaguez
            Dr. Jose M. Romaguera
            Edificio Administracion de Empresas
            AE 413-B
            Mayaguez, PR

            email: emprende@coqui.net
            Tel. 787.265.3802
            Fax  787.832.5320

        University of Puerto Rico/Rio Piedras
            Dr. Ana Guadalupe
            Dean of Graduate Studies and Research
            Felipe Janer Bldg. Second Fl.
            Rio Piedras, PR

            email:a_guadalupe@upr1.upr.clu.edu
            Tel. 787.764.0000 ext. 2515
            Fax  787.763.6011

        Ana G. Mendez University System
           University of Turabo
           Dr. Eulalia Marquez Martinez
           School of Business Administration
 
           Tel. 787.743.7979 ext. 4271
           email: emarquez@suagm.edu

            UMET
   
         Dr. Onelio Nunez
            Associate Dean
            School of Business Administration

            Tel. 787.751.0178

 

 

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