15 Project Formulation

🎯 Session Objectives

  • Structure a technology project using standard funding frameworks.

  • Understand the logic behind public funding formats (MGA, Minciencias).

  • Consolidate technical, strategic, and financial data into a single Technical Datasheet.


🧠 Theoretical Content

1. Securing Funding for TBCs

A great idea with a working prototype (TRL 5-6) still needs capital to scale. Sources include:

  • Seed Capital: Bootstrapping, Friends & Family.

  • Angel Investors: High net-worth individuals funding early-stage startups.

  • Public Funds: In Colombia, institutions like Minciencias, iNNpulsa, and SENA (Fondo Emprender) provide grants or competitive funding.

2. Problem Tree & Objective Tree (Logical Framework)

Many public funding applications (like the MGA - Metodología General Ajustada) require organizing your project logically.

  • Problem Tree: Identifies the core problem, its root causes, and its effects on society/industry.

  • Objective Tree: Transforms the negative states of the problem tree into positive, achievable goals.

3. The Project Datasheet (One-Pager)

Investors and review panels don't read 50-page documents initially. They read a 1-page summary. It must be dense but readable.


🛠️ Class Activity: The 1-Page Summary

Goal: Create a compelling, professional "One-Pager" for your technology project to share with prospective mentors or investors.

Structure of the One-Pager:

  1. The Problem: 2 sentences describing the industrial pain point.

  2. The Solution: 2 sentences explaining your tech (Python/Arduino/Anylogic).

  3. Current Status: Your current TRL and pilot test results.

  4. Market & Business Model: Who pays for it and how? (Lean Canvas summary).

  5. The Ask (Financial): How much money/resources do you need to reach the next milestone? (Based on Week 14 Valuation).


📚 Assignments

1

Finalize One-Pager

Polish the design and wording of your Tech Datasheet.

2

Prepare the Pitch Deck

Start designing the slides for your upcoming Tech Pitch presentation.

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