2015 Welcome

Kit

SUREN G. DUTIA AND JAS K. GREWAL GLOBAL IMPACT AWARD

Supporting the vision and passion of Washington University in St. Louis students, postdoctoral researchers, and young alumni

who create scalable and sustainable ventures that have large global impact

About the Award

Thank you for your interest in the Suren G. Dutia and Jas K. Grewal Global Impact Award. The award was founded in 2013 to support the vision and passion of Washington University in St. Louis students, postdoctoral researchers, and young alumni who are impacting world societies, including those people who have the least.

This award, provided by and named for Washington University alumnus Suren G. Dutia and his wife Jas K. Grewal, recognizes Washington University students, post-doctoral researchers or recent graduates who create scalable and sustainable ventures that have large global impact. The goal of the award is to invest in individuals and high-growth entrepreneurial ventures that apply technology for developing solutions that spur economic growth and catalyze social change.

The donors recognize that Washington University students and young alumni are making a significant difference around the world, particularly in those communities considered to be economically and socially disadvantaged, by utilizing technology to develop solutions creating scalable, sustainable, potentially high-impact ventures capable of addressing significant challenges. With this award, the donors intend to provide Washington University students and recent alumni from any Washington University undergraduate, graduate, or professional school with financial, mentorship, and relationship resources that accelerate the growth of high-impact ventures and/or utilize technology to address significant social challenges. For more information about the donors, see their bios on page 7.

The donors intend for this fund to be utilized in perpetuity to inspire an interdisciplinary expansion of entrepreneurship and innovation at Washington University. It is the strong desire of the donors that recipients be encouraged and motivated to give a portion of their future earnings or to offer venture equity designated for the Suren G. Dutia and Jas K. Grewal Global Impact Award so that others may also benefit from similar assistance through future contributions of resources and through growth of this fund.

The award provides this support to selected teams to help them achieve their highest potential. The process provides much more that funding; through the experience entrepreneurs learn and develop their personal networks as well as their world-changing ventures.

For information about the donors’ gift and the announcement of the award, see the Washington University Record article in Appendix A. This welcome kit will provide an overview of the process and will help answer any questions you may have. We are excited to present this opportunity and wish success to all who enter!

Overview

The donors believe that Washington University students, scholars, and alumni have the knowledge and skills to address the world’s most pressing problems. Along with that ability, they believe entrepreneurs succeed because of opportunities including education, mentoring, and access to capital, and that entrepreneurs have an obligation to give back in appreciation of their opportunities. (See Appendix B, “Entrepreneurship – Completing the Circle,” by Suren Dutia as well as Suren’s remarks at the 2014 Award Ceremony in Appendix C.)

The goals of the Dutia and Grewal award therefore include:

• Supporting teams whose inventions, products, ideas, and business models have global and lasting impact onsociety including disadvantaged groups

• Developing a community and knowledge that helps future awardees and others engage in high impactentrepreneurial activity

• Promoting collaboration that supports understanding about the practical application of high impactapproaches

• Developing entrepreneurs through financial and mentoring support who find solutions to the world’s mostintractable problems

• Identifying entrepreneurs who are committed to giving back to help others

Deliverables and Submission Dates

The first deliverable is an Opportunity Summary due by Noon Monday, June 15, 2015, St. Louis time. The Selection Committee will review the submissions and announce the finalists on Wednesday, July 15. Finalists will then begin an intensive training and mentoring period to advance their ventures. The final deliverables are a written Impact Summary and oral Final Presentation, due in late October. For additional information and deadlines see the timeline on page 4.

Eligibility

To be eligible to receive the award, the founding team and venture must meet the following criteria:

The founding team:

• must include one or more of the following: a current Washington University in St. Louis enrolledundergraduate, graduate or professional student, or postdoctoral researcher, or an alumnus who hasgraduated within five years of submitting his or her application for the award

• Washington University-affiliated team members must have substantial equity stake in the venture at thetime of its application for the award, which we would typically expect to be 50% or higher

The venture:

• must propose an application of technology to solve a real world problem, with the widest possible globalimpact

• must propose a sustainable and scalable for-profit entity• must have incurred less than $1 million in total debt, equity, grant or prize funding at the time the Dutia

and Grewal award is made• must have completed at least one year of startup activity.

Participants in the award process are expected to have regular interactions with Skandalaris Center-assigned/Center-approved mentors as well as attend Center workshops.

Evaluation Criteria

The Selection Committee will review submissions based on the following criteria:

• Description of the large problem• Overview of the concept that the team is pursuing to address the problem, including the activity, the team and

venture, and their collaboration with others• Level of impact the venture will have, including a description of the current situation, the proposed impact or

disruption and subsequent change, and the social value• Challenges, including technical, market, operational, funding, and others• Description of how the Dutia and Grewal award will increase the team’s probability of success, including

through mentorship and funding, and how the team plans to use the award• Sustainability, including team commitment and coachability, and ability to grow the venture, have economic

impact, and increase social value• Team moral commitment to the spirit and sustainability of the Dutia and Grewal award; finalists will be

required to submit a two-page personal/team statement

See Appendix D for a draft of the submission form.

Selection Committee

The Selection Committee will include: Emre Toker, Managing Director of the Skandalaris Center; Ken Harrington, former Managing Director, Skandalaris Center, and President, The Bayberry Group; Eldar Causevic, Associate Dean for Entrepreneurship & Partnerships; Jim Brasunas, Executive Director of the St. Louis Information Technology Entrepreneur Network (ITEN); and Dougan Sherwood, Co-Founder and Managing Director of Cambridge Innovation Center (CIC) St. Louis.

The Selection Committee will in perpetuity include the Managing Director of the Skandalaris Center and the Dean of the School of Engineering and Applied Science, with three other members recruited annually.

Award

The Selection Committee has full discretion to make one award or split the award as they deem appropriate. In the event no awardee is selected in a given year, multiple awardees could be named the following year. Award winners will receive:

• Mentoring and connections to people or organizations that accelerate venture launch, leading toscalability and sustainability

• Up to $50,000 cash award

Timeline

Date Description Now Post your idea at ideabounce.com/GIA15 to get

connected to the Skandalaris Center and its resources to help you improve your “Opportunity Summary”

Monday, June 15, 2015, Noon St Louis time Deadline to submit the two-page Opportunity Summary by email to sc@wustl.edu. See Appendix D for format of the submission and content of entry form

Monday, June 15 – Wednesday, July 15 Selection Committee will read and evaluate all submissions

Wednesday, July 15 Finalists announced via email and press release

July and ongoing Selection Committee will discuss mentor needs, recruit mentors, and introduce mentors to teams

July – October Three-month intensive training and

mentorship period

Finalists work with mentors and prepare written “Impact Summary” and oral Final Presentation; Skandalaris-led workshops will offer venture-specific training

Monday, October 19 One-page written Impact Summary and two-page personal/team statement of the commitment to the spirit and sustainability of the Dutia and Grewal award due by email to sc@wustl.edu

October 19 – October 30 Selection Committee reads and evaluates written Impact Summary and provides input to judges

Friday, October 30, noon C.S.T. Final Presentation PowerPoint due by email to sc@wustl.edu

Tentative dates Monday, November 2 or

Tuesday, November 3

Final Presentations, awardee selection, and celebratory event

• 9AM – Noon, Finalist Presentations• Noon – 2PM, Selection Committee meets

and determines winner• 5 – 8PM, Reception and winner

announced

FAQ

Q. What are some examples of projects that might apply?

A. Helping constituents trapped in poverty with impact on a specific geographical area or group, i.e. breaking the cycle of poverty in rural subsistence agriculture communities or reducing the number of urban poor; Influencing important health issues that would affect all socio-economic levels; Improve education, promote agricultural innovations, address climate change, or effect social change.

Q. Who are the previous winners?

A. Nanopore, winner of a $40,000 prize, is developing a rapid and portable bacterial diagnostic test to take the guesswork out of prescribing antibiotics. ViFlex, which took home a $10,000 prize, is developing a pair of low-cost, adjustable eyeglasses as part of a sustainable and scalable solution to reduce the burden of poor vision for the 700 million in the developing world who have untreated refractive error. More information is at http://news.wustl.edu/news/Pages/27525.aspx.

Q. What are the advantages if I am not selected as a finalist or winner?

A. You will receive feedback on your idea from the Selection Committee and Skandalaris Center mentors throughout the process. Just because you are not selected to continue to the next phase does not mean your idea will not receive attention, and possible connections to mentors or other funding opportunities.

Q. Are students and alumni from all WUSTL schools eligible?

A. Yes. Alumni must have received a degree from WUSTL within 5 years of the award application being submitted. For the 2015 competition, any alumnus who was awarded his or her degree after May 2010 would be eligible.

Q. Will I receive any funding for mentor meetings during the finalist phase?

A. No.

Q. What are some resources I can access if my idea is too early-stage?

A. The Skandalaris Center sponsors an extensive series of programs to encourage ideas and help entrepreneurs develop. All are free and open to the public. See the Skandalaris Center website at sc.wustl.edu for additional details and to sign up for its weekly newsletter.

Q. What are the expectations for finalists during the July – October period?

A. The Selection Committee will introduce teams to mentors and the Skandalaris Center will offer workshops and venture-specific training. The extent to which they use those resources will be part of the determination of award winners.

Q. How do I keep my commitment to giving back?

A. While this is at the discretion of the winners, the selection committee’s perception of the applicants’ commitment to the spirit of the award is part of the evaluation criteria. As Suren Dutia wrote (see Appendix B), “By giving back to the society that has provided a nurturing environment in which to build wealth through their businesses, entrepreneurs complete the full circle of entrepreneurship, paying it forward as a gesture of appreciation for the success that they have achieved.”

Q. Are Washington University School of Medicine residents eligible to apply for and receive the Global Impact Award?

A. Yes.

Skandalaris friends Suren G. Dutia and Jas K. Grewal

About the Donors

Suren G. Dutia is a passionate advocate for entrepreneurship and an executive with extensive and successful multi-industry leadership experience, including Internet/e-commerce, document management software, medical instrumentation and other varied high technology businesses. Suren served as President and CEO of Xscribe Corporation, a publicly traded company in San Diego for over 10 years. In addition, Suren held a number of leadership positions with Boston-based Dynatech Corporation for 7 years. Prior to working in the private sector, Suren spent 10 years in the non-profit and public sectors. Suren recently completed 4 1⁄2 years as Chief Executive Officer of TiE Global based in Silicon Valley. With 56 chapters in 13 countries, TiE is one of the largest nonprofit organizations involved in fostering entrepreneurship globally. Suren also founded the San Diego chapter of TiE in 2000 and served as its President for 3 years.

Suren served as the Wells Fargo Advisors Visiting Lecturer in Entrepreneurship at Washington University in St. Louis in 2012 – 13, as A Senior Fellow in 2013-14, and still serves the Skandalaris Center as a member of its National Council. He is also Senior Fellow at the Kauffman Foundation. Suren is an investor in a number of ventures and is currently serving as a board member in three start-up ventures. Suren has a B.S. and M.S. degrees in Chemical Engineering and B.A. in Political Science from Washington University in St. Louis, and holds an MBA degree from the University of Dallas in Irving, Texas.

Jas K. Grewal had a 25-year banking career with positions of increasing responsibility with First Interstate Bank of California and its successor entity, Wells Fargo Bank, in both the San Francisco Bay area and San Diego specializing in private and personal banking. In 1992, Jas was one of 12 individuals statewide to receive the prestigious President’s community reinvestment award for her design and implementation of a houseboat loan program in Marin County while serving as a Bank Manager at First Interstate Bank.

For the past 30 years, Jas has volunteered her time for numerous community projects, embodying the spirit of service with her first fundraiser at age 14 for the Muscular Dystrophy Association. Among her many community involvements include serving on the board of Board of Bread & Roses, a Northern California non-profit; trustee for the San Diego Sikh Foundation; and Trustee of the La Jolla Town Council from 2000-2004. Jas was a founding member of the TiE South Coast Chapter in 2000 and was on the Executive Committee for 3 years, Program Chair for 4 years, and Charter Member Event chair for over ten years and champion of the organization’s Young Entrepreneurs Program, including raising funds for this important initiative.

Jas is actively involved with the San Diego Museum of Art (SDMA) and was a Trustee for six years serving on Executive, Finance, Investment and Audit Committees. Jas is co-founder and Chair of The Committee for the Arts of the Indian Subcontinent, a support group of the Museum as well as past office holder and current member of The Asian Arts Council, another support group at the Museum. Additionally, she has served in a number of positions, including as President, of Soroptimist International’s (SI) chapter in La Jolla. SI is a worldwide organization for professional women, with NGO status at the UN, working to advance human rights and the status of women. She also serves as the community representative on the UCSD Human Protection Program’s Research Board. Jas has a Bachelor’s of Science Degree from University of Toronto in Toronto, Ontario, Canada and a Master’s Degree in Banking & Finance from Golden Gate University in San Francisco.

Appendix A:  February 12, 2014 Record announcement:        “Inspiring successful entrepreneurs and social innovators with the        

Suren G. Dutia and Jas K. Grewal Global Impact Award in the Skandalaris Center” 

(/)

KEVIN LOWDER/WUSTL PHOTOS

Jas K. Grewal (left) and Suren G. Dutia

Inspiring successful entrepreneurs and social innovators with the Suren G. Dutia and Jas K.Grewal Global Impact Award in the Skandalaris Center

Applications due March 24 for awards to support business ventures aimed at catalyzing social changeFebruary 12, 2014

By Barbara ReaAfter receiving an excellent education at Washington University in St. Louis,including access to mentors and learning in an environment conducive toinnovation, alumnus Suren G. Dutia (BS ’63, AB, MS ’67) forged a successful careerin several industries, including Internet/e-commerce, medical instrumentation andother high-technology businesses. Along the way, he grew into a passionateadvocate for innovation and transdisciplinary, cross-campus entrepreneurship.

Now, he and Jas K. Grewal, his wife and frequent professional collaborator, arecompleting the circle of opportunity begun at his alma mater by establishing anendowed fund to assist promising entrepreneurs and high-growth entrepreneurialventures to catalyze social change.

Their gift of $1,025,000 will establish the Suren G. Dutia and Jas K. Grewal GlobalImpact Award in the Skandalaris Center for Entrepreneurial Studies at WUSTL.The endowed fund will receive $1 million, and the remaining $25,000 will supportawards made during the current academic year.

The Skandalaris Center is a campus-wide program that supports entrepreneurialinitiatives in every school at WUSTL.

In announcing the gift, Chancellor Mark S. Wrighton said:

“As professionals with a long history of entrepreneurial leadership and success and a genuine commitment to help others,Suren Dutia and Jas Grewal understand the great potential benefits, for both the individual and for society, that can arise froman environment conducive to learning and growth.

“We are honored by their commitment and very grateful to Suren and Jas for this remarkable gift that strengthens theSkandalaris Center’s resources for future generations of entrepreneurs and agents of social change,” Wrighton continued.

The Suren G. Dutia and Jas K. Grewal Global Impact Award Fund has been designed to meet the donors’ overarching goal: toinvest in promising ventures founded by highly motivated entrepreneurs that use technology to develop low-cost products andservices that will spur economic growth and catalyze social change for underserved, disadvantaged populations.

Skandalaris Center managing director Ken Harrington, who has known and admired Dutia for several years, appreciates theway the donors have structured the award process to instill a socially conscious goal and to support future generations.

“I’m extremely grateful to Suren and Jas for this important gift to the Skandalaris Center, which fosters and supports the greatwork of our students, scholars and alumni,” Harrington said. “Their gift adds powerful resources to help entrepreneurs in theWUSTL community develop their skills and social networks and form ventures equipped to change the world.”

Another key aspect of the gift is to encourage award winners to contribute back to the fund after achieving a successful venture.As Harrington points out, the donors are underscoring the importance of expanding what they have begun, to empower morepeople to create more entrepreneurial ventures each year.

“The objective is to establish an ongoing commitment to long-term social responsibility,” Harrington said. “Their gift serves asa wonderful example for others who may be inspired to make impactful gifts consistent with their own values and beliefs. Thishelps complete the circle of ‘giving back to society’ that Suren has written about and exemplifies all that he and Jas do.”

Harrington will establish a selection committee to oversee the awards process. It will be structured, according to the donors’wishes, to include the director of the Skandalaris Center, the dean of the School of Engineering & Applied Science and

(http://www.wustl.edu)

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representatives of St. Louis area organizations and firms that support entrepreneurial enterprises.

Award winners will receive $25,000 to $50,000 to implement their business plans; access to mentors; and connections toorganizations that can accelerate their ventures.

The application process is open to all current WUSTL students, postdoctoral researchers and alumni who have graduated inthe past five years. The application deadline is noon March 24; the first award will be presented in September.

While having a generous funding source is important to a venture’s success, Harrington emphasized the value of the mentoringcomponent, which will be available to all finalists in the competition — not just the winners.

“Though not all applicants will receive funding, all finalist teams will receive mentorship and introductions to importantconnections that can help them develop their ventures, ” he continued.

Dutia, currently a senior fellow with the Ewing Marion Kauffman Foundation, invests in a number of startup ventures and is onthe board of several firms.

Most recently, he served as chief executive officer of TiE (The Indus Entrepreneurs) Global. With 57 chapters in 14 countries,Silicon Valley-based TiE is one of the largest nonprofit organizations involved in fostering entrepreneurship globally.

Earlier in his career, Dutia was president and CEO of Xscribe Corp. and held a number of leadership positions with DynatechCorp.

Dutia holds three degrees from the university: bachelor’s and master’s degrees in chemical engineering and a bachelor’s degreein political science, from Arts & Sciences. He also received a master’s in business administration from the University of Dallas.

From 2011 to 2012, Dutia was the Wells Fargo Advisors Visiting Lecturer in Entrepreneurship at WUSTL.

He continues to serve the Skandalaris Center as a senior fellow and is a member of WUSTL’s Entrepreneurship NationalCouncil. In addition, Dutia chairs the San Diego Regional Cabinet and Grewal serves as a member.

For more information on the Suren G. Dutia and Jas K. Grewal Global Impact Award, including criteria for selection, visit here(http://sc.wustl.edu/Pages/default.aspx) . (http://sc.wustl.edu/Pages/default.aspx)

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Appendix B:  September 24, 2012 Huffington Post Small Business Blog  “Entrepreneurship ‐ Completing the Circle” by Suren Dutia 

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and adequate sanitation are no longer a problem, saving the lives of 1.4 million children yearly. Imagine empowering millions of children all over the world through affordable basic education and access to the Internet. Tapping the extraordinary skills and resources of entrepreneurs can turn these visions for a better world into reality.

Like the generous founders before them, today's entrepreneurs can identify areas of focus that they are passionate about and tackle problems related to them. And solving one social ill can have broad implications for society. In the case of global climate change, for instance, improving electricity challenges in developing countries would reduce the negative consequences of global climate change in developed countries.

Entrepreneurs also can get involved in government-backed initiatives to support impact investing and social innovation. In the UK, the government has set up a Social Impact Bond (SiB), where investors fund nonprofit social ventures that result in social benefit as well as financial savings to the society as a whole. Currently, the Ministry of Justice is doing this to trim down repeat offenders released from the Peterborough Jail. This is an example of how social good also can reduce cost. This model is being replicated in the United States via a sister organization, Social Finance, Inc., that has been established in Boston, New York and other cites to combat social issues such as criminal justice and housing.

Giving back to society is not limited to only the direct, actionable ways in which entrepreneurs can respond to critical social issues. They can engage in philanthropic efforts such as pledging donations to nonprofit organizations, providing grants or scholarships to universities or research institutes that are focused on combating social problems, participating in thought leadership forums, fostering mentoring programs, etc.

Serial entrepreneurs in pursuit of their next new entrepreneurial idea could create a business enterprise with a philanthropic or socially responsible element added to it from the ground up. They can set up a foundation associated with the business, from which resources are deployed to effect positive social change. For example, they can assign a percentage of the venture's equity to a foundation or to an organization pursuing a philanthropic cause. Salesforce.com has adopted a model that contributes 1 percent of the company's financial and intellectual capital to support organizations that are addressing challenges in their communities.

Few months ago, I asked a successful entrepreneur, "How do you spend your time?" He explained to me his willingness to contribute his time and resources to support individuals and organizations that are making positive social contributions. I asked him, "Why do you do that?" He said, "I have all the money I require and now I want to spend my time and energy on helping others, my health and be happy." This sentiment reminded me of an inspiring quote I recently read in a book co-authored by my friend Victor Chan and his Holiness Dalai Lama. In this book, His Holiness Dalai Lama sums up the point of this article aptly.

To be happy, my practice helps me lead a useful life. If I can give a short moment of happiness to others, then I feel that my life has achieved some purpose. This gives me deep mental satisfaction -- this feeling always comes if you serve others. So, when I help others, I feel happy. For me, the most important thing is human compassion, a sense of caring for one another.

Follow Suren Dutia on Twitter: www.twitter.com/kauffmanfdn

Appendix C:         Suren Dutia’s Remarks, 2014 Global Impact Award Ceremony   

Suren Dutia’s Remarks 2014 Global Impact Award Ceremony

I truly feel blessed for having met so many smart and thoughtful persons who took a chance on me, guided and assisted me along the way. For me, moral of the story is simple. While god given talent might have played some role and luck really helped, I succeeded primarily due to our system of education and free enterprise, culture of innovation and entrepreneurship and several mentors who were ready and willing to help me. This is precisely why it is important that I, in turn, share my good fortune by helping the aspiring entrepreneurs.

From my experience managing the War on Poverty programs and being involved in fostering entrepreneurship globally, I have personally concluded that entrepreneurship is the most powerful paradigm for eradicating poverty, creating jobs, developing human capital, facilitating economic development, and even bringing social change. My passion for entrepreneurship stems from the belief that politics and religion divides people but creation of wealth unites people.

Today, I’m grateful that I have the opportunity to come full circle, giving back to my alma mater and getting involved. For me, this award holds a special place in my heart. It’s not about writing a check and then walking away. It’s about learning, sharing, meeting others, and getting involved. I love that approach, because it means that you’re not making a one-time gift. You are giving back to the community at large with a new gift, every day, through your actions, your talents, your connections and resources.

Now let me comment on our intent which has raised questions and should be clarified. Having held senior management positions in government and non-profit organizations as well as privately-held and publicly-traded companies, I have learned that while some vocabulary might be a bit different, management functions and challenges of both for profit and non-profit entities are markedly similar. The primary differentiation is how we measure outcomes i.e. for “profit” versus “social” or “societal” benefits. In fact, an incredible thought leader, Peter Drucker, and others have written about it and stated that “profit” is the only defining difference between these two forms of entrepreneurship.

Often times when one thinks of bringing big disruptive and innovative ideas to lift the disadvantaged segments of our society, one automatically assumes a more philanthropic and social entrepreneurship paradigm of thinking. The view often discounts that form of entrepreneurship as being more charitable than business. Ultimately, I believe that this tunnel vision brings up an interesting belief. The traditional lament has always been that the best talent starts the next sexy, airbnb, uber cool and hot tech startup or goes to Wall Street. Don’t get me wrong. I absolutely support and get excited whenever I hear or see a new innovative and cool idea being introduced in the marketplace. At the same time, we cannot insulate ourselves to making and creating products catered to young, affluent urbanites only. But let me be clear. This Global Impact Award is primarily about entrepreneurship and virtuous cycle of wealth creation.

However, we need to bring in a new spirit to entrepreneurship and change the way the underserved have access to product and services that will spur economic growth. We need smart and well-trained engineers, business leaders, scientists and doctors and others who would want to help cure cancer, solve the world’s water crisis, find ways to increase food production to feed the humanity or fix the healthcare issues here at home than to work for a sexy social media app company.

The Global Impact Award aims to reward the entrepreneur who is bold to stand up for Big Problems, harsh and dirty. We want to encourage a competitive marketplace for big disruptive ideas that will impact millions around the world. It is our earnest hope that entrepreneurs who have participated in this Global Impact Award will be successful in creating jobs, generating wealth for their stakeholders and giving back to their communities by serving as inspirational role models for the next generation of entrepreneurs. I am deeply committed to that vision.

Appendix D:        Opportunity Summary Submission Format 

Suren G. Dutia and Jas K. Grewal Global Impact Award Opportunity Summary

< > Opportunity Summary

One Line Pitch:

Business Summary:

Customer Problem:

Product/Services:

Target Market:

Potential Global Impact:

Business Model:

Collaborators:

Competitors:

Competitive Advantage:

Patents, IP, Proprietary Technology:

Company Profile URL: Industry: Date of incorporation: Contact Info:

Product Stage: __Market Research __Prototype __Customer testing __Launch

Structure of the organization: __Sole Proprietorship or Partnership __Corporation __Limited Liability Company (LLC) __Low-Profit Limited Liability Company (L3C)

Equity held by Washington University-affiliated team members __________%

Funds raised, including debt, equity, grant, or prizes: __less than $50,000 __$50,000 - $100,000 __$100,000 - $250,000 __$250,000 - $500,000 __$500,000 - $1,000,000 __Over $1,000,000

Management:

Advisors:

Suren G. Dutia and Jas K. Grewal Global Impact Award Opportunity Summary

Customer Validation:

Sales/Marketing Strategy:

Use of Award and Milestones: Use of Funds Specific Activity Funds Req. Deliverable Delivery By

Total Initial Capital Needs

Financials: Financials Year 1 Year 2 Year 3 Year 4 Year 5 Revenues Expenses Net Profit

Challenges; How/Where Mentors can Help