Topic outline

  • Sprint 6


    Schedule
    DatePlaceDescription
    15 - NovDesign Factory, Main stageFinancing simulation
    17 - Nov U8 - U270, Kandidaattikeskus
    		Scalability, supply chain and operations
    22 - NovDesign Factory, Main StagePsychological flexibility coaching 
    24- NovU8 - U270, KandidaattikeskusTBU


    • Materials

    • Folder icon
      Session 19 Folder
    • Folder icon
      Session 20 Folder
    • Folder icon
      Session 21 Folder

      https://aalto.zoom.us/j/63236001740

    • Folder icon
      Session 22 Folder

    • Assignments

    • Assignment icon
      Update previous process checklists and fill out sprint 5 Assignment
      Students must
      Mark as done

      Fill out this process checklist with your answers

      You will need to revise your answers from the previous sprints (all the previous sprints starting from this sprint). The teaching team will go through your answers and address them during workshops and lab times on Tuesdays. We will track the progress of the team based on the answers and how it changes every sprint. 

    • Assignment icon
      Revised Lean Canvas - Final Version Assignment
      Students must
      Make a submission
    • Assignment icon
      Minimum Viable Product (MVP) - final iteration from the prototypes Assignment
      Students must
      Make a submission

      (Potentially a video, brochure, Powerpoint presentation)

    • Assignment icon
      Individual Reflection - Sprint 6 Assignment
      Students must
      Make a submission

      Record a 3-min video reflecting on your progress during this sprint. Use these questions as guidelines. 

      1. What are your main contribution to the project and the team during sprint 5? 
      2. What did you do for the team to work better together? 
      3. How did you use the course content to understand the problem, and customer needs and improve your team dynamics? 
      4. What can be improved regarding your contribution to the team and the project's progress? Reflect on your progress and performance. 


    • Assignment icon
      Funding and cash flow plan Assignment
      Students must
      Make a submission

      Prepare cash flow plan for 9 to 15 months and a one-pager document explaining your rationale and assumptions, especially how you will utilize the cash and investment.
      There is a template attached for you to use but feel free to make changes as you see fit. 

      Guidelines and things to keep in mind for your funding plan 

      • Calculate minimum expenses to get to revenue, including fixed expenses (salaries, salary expenses, office space) and liquid expenses (marketing, manufacturing, travel etc.).
      • Find out about potential grants from Business Finland, TE-Keskus and other authorities and foundations in Finland. Google “startup grants Finland” for more info. Add realistic grant opportunities to your budget.
      • Fill in the rest of the income needs by estimating investment opportunities (FFF, angel, seed) and possible bank loans depending on your teams’ capabilities and collateral.
      • If your monthly cash at hand is a negative number, it's "game over" 
      • Be realistic and explain by providing a rationale on your assumptions and numbers. 

    • Assignment icon
      Investment pitch: Reading deck Assignment
      Students must
      Make a submission

      This investor pitch decks will be sent as an attachment to the investors and uploaded on Mycourses here by 15th Nov. You will need two separate decks, a reading deck and a presentation deck. 

      Instructions: 

      Use the Kawasaki pitch deck in 2 ways: a reading deck and presentation deck 

      Please change the branding of the slides to match your product or services. Colour, logos and font, etc. 

      https://guykawasaki.com/the-only-10-slides-you-need-in-your-pitch fill all of the slides using this template with the appropriate information. The investors will focus on your proof of traction, financial plan and business model in particular. 

      Send this "reading deck" to the investors by the 15th Nov so you will have more time to finalize the "presentation deck". Upload another copy here on Mycourses. 

      The slim and cut-down version of the "presentation deck" will be used on the Investor Pitch Day - 22nd Nov. Make sure your materials and fonts are sufficiently big to read from the back of the room.  

    • Assignment icon
      Investment pitch: Presentation deck Assignment
      Students must
      Make a submission

      The slim and cut-down version of the "presentation deck" will be used on the Investor Pitch Day - 22nd Nov. Make sure your materials and fonts are sufficiently big to read from the back of the room.  Please submit your copy here on the 21st Nov. 

    • Assignment icon
      Send email to investors (Not submission) Assignment
      Students must
      Mark as done

      Send an email to Tuomas via his email: tuomas@maisala.net. In that email, you will state what kind of investment you are looking for (bank loans, angel investor, VC, Business Finland or other sources) and request for a meeting on 22nd November specifically. 
      You MUST attach your investor reading deck and your funding plan along with the email.       You can also attach your brochure and prototype as long as they can be digested quickly and written in laymen's terms. 
      Your email title: AVP (Team Number) (Project/startup name) 

◄ Previous section
Sprint 5
Next section ►
Wrap-up