What should be included in your two-page summary
Your application to the xG-Incubator should be concise, spanning 2, maximum 3 pages, and should address the below key points.
You can download the checklist as a .pdf here.
Project/Startup Name and Mission Statement:
Briefly describe what your startup aims to achieve in the field of telecommunications, focusing on future telecommunication technologies (e.g., 5G and 6G).Team:
Provide details, including the names, roles, and qualifications of key team members. You may also identify missing expertise. We can help with finding team members.Company Information:
If already legally founded, provide details (e.g., founding date, location, number of employees, details on ownership, and managing directors).Problem Statement:
Identify and explain the specific problem that your startup/business idea/technology aims to address.Proposed Solution:
Outline your innovative solution or technology and how it leverages 5G/6G capabilities to solve the identified problem.Unique Value Proposition:
Highlight what makes your solution stand out from existing technologies and competitors.Technical Description:
Provide a short technical overview of your technology, product, or service, including any unique features.Development Stage:
Specify the current stage of your technology/product development.Intellectual Property:
Describe any patents, if existing and/or planned.Target Market:
Define the specific market or customer segments you are targeting. If known, name possible customers. Also, try to estimate the market volume and market share you can address with your product.Competitive Analysis:
List direct and indirect competitors, highlighting your competitive advantages.Revenue Streams:
Explain how your startup will make money, detailing the primary revenue models (e.g. subscription, sales, licensing).Partnerships (if known):
List any strategic partnerships that enhance your business proposition or market reach.Short-Term Goals:
Outline your objectives for the next 12 months, including technical and business development.Financial Needs:
Specify the amount of funding you are seeking and how it will be used to achieve your goals.Which offers of the xG-Incubator do you plan to use?
E.g., office space, lab infrastructure, coaching, etc.