2021-2022 Resource Guide - POWERED BY - Dimension Mill

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2021-2022 Resource Guide - POWERED BY - Dimension Mill
POWERED BY

2021-2022 Resource Guide
2021-2022 Resource Guide - POWERED BY - Dimension Mill
TIMELINE & IMPORTANT DATES
9/15 & 16 Kick-off and Big Idea
9/29 & 30 Market Research
9/30      ALL STUDENTS MUST BE REGISTERED FOR MAVERICK CHALLENGE
2 WEEK BREAK FOR FALL BREAK & INNOVATION WEEK @ THE MILL
10/20 & 21   Marketing
11/3 & 4     Funding & Financials
11/8         3 MINUTE VIDEO & EXECUTIVE SUMMARY DUE
11/16        FEEDBACK ON VIDEO & SUMMARY DUE TO STUDENTS
11/17 & 18   Business Plan Essentials
12/1 & 2     Presentation Skills & Final Steps
12/10        5 MINUTE VIDEO DUE & LESSONLY COMPLETE
1/21         Feedback & Winners from each school announced (3 from each school)
2/5          Monroe County HS Pitch Competition & Celebration (1 Winner announced)
2/19         Maverick Challenge Finals Competition

STUDENT INFORMATION
Step 1: Students register for the Maverick Challenge online.
Step 2: Students are assigned the Maverick Challenge online curriculum via Lessonly.
Step 3: Students review the Maverick Challenge rules and guidelines (below or posted in the online
        curriculum on Lessonly). Students also review their county’s timeline and use the pacing guide
        on Lessonly to plan ahead for deadlines.
Step 4: Students complete the online curriculum by the stated regional deadline.
Step 5: Students complete deliverables based on their county deadlines and work with their teacher(s)
        and/or county coordinator for assistance. Teacher(s) and/or the county coordinator will
        communicate how students should submit deliverables.

A couple tips for a successful registration:
1. The email you sign up with is the email that you will need to monitor for any Lessonly account info.
   You can use your school email or personal email, whichever you prefer.
2. Please check for typos in your email address!
3. You will need to click “Next” on the registration page until you see a green bar across the top of your
   screen stating that your registration is complete.
2021-2022 Resource Guide - POWERED BY - Dimension Mill
RULES & GUIDELINES
The following are a listing of rules for the Maverick Challenge:
1. All participants of the Maverick Challenge must be a high school student in Bartholomew, Brown,
   Dearborn, Jackson, Jennings, Monroe, Ripley, or Scott Counties (or another participating county).
2. Participants must register for the Maverick Challenge by the September 30!
3. Participants may compete individually or as a team. If participating as a team, no more than three
   students may be on a team. Teams may consist of students from different high schools located within
   their participating county.
4. The business idea can be for a product, service, platform, or system.
5. Teams moving beyond the first round should demonstrate that customer validation has been
   completed.
6. In order to be eligible for the grand prize, participants of the Maverick Challenge should complete the
   following deliverables (if applicable) in their county:

          Pitch
          Round 1: Plan
          Round 2: Present
          Round 3: Present
          Mentor Q&A
          Maverick Challenge Online Curriculum

          ** Please see the next section of this guide, “Entry Components”, for
          details regarding the requirements listed above.

7. All teams MUST submit their deliverables by the due date stated by their county of participation.
   Failure to do so will result in disqualification from the Maverick Challenge. Please refer to your
   county’s timeline and review any additional rules set by your county.
8. Participants MUST read and agree to the rules of the Maverick Challenge. Failure to do so will result
   in disqualification from the competition.
9. While there are criteria and scoring guides for the judging of the business plans, all decisions made
   by the judging panel are final.
10. Please note that these rules may be subject to change at both the local/county and regional level.
ENTRY COMPONENTS
The following is a listing of items students MUST turn in and/or complete as part of the Maverick
Challenge:

1. Pitch: (Local Round) 3 minute video and 1 page Executive Summary
      The Executive Summary should:
   		        - Explain the purpose of the business
   		        - Tell what the business will provide (product/service/platform/system)
   		        - Provide a description of the market
   		        - Share the competitive advantage
   		        - Describe funding sources
2. Round 1: Plan - (Local Round) 5 minute video and up to 10 slides; 10 teams per county advance to
   Round 2
      The Round 1 video should:
   		       - Contain all items from previous round
   		       - Describe the market opportunity
   		       - Share the profitability
   		       - Display professionalism
   		       - Be an organized presentation
3. Round 2: Present - (Local Round) 10 minute in-person presentation and up to 20 slides; 1 team per
   county advances to Round 3
      The Rounds 2 & 3 presentations should:
   		        - Contain all items from previous rounds
   		        - Demonstrate business etiquette
   		        - Include customer validation
4. Round 3: Present - (Regional Round) 10 minute in-person presentation and up to 20 slides
5. Mentor Q&A: (Local & Regional Requirement) Students must show at least three proofs of contact
   with mentors. These may include business cards or copies of communication with mentors. Mentors
   can be members of the community, teachers, professors, business owners, etc.
6. Maverick Challenge Online Curriculum: (Local & Regional Requirement) Students must complete
   ALL lessons, tests, and surveys included in the Maverick Challenge Online Curriculum by the stated
   deadline. Students/teams who do not complete the curriculum by the deadline will be disqualified
   from the Maverick Challenge. The curriculum is housed on Lessonly, and the Maverick Challenge
   Coordinator will provide all participants, teachers, and county coordinators login information.
The Maverick Challenge Entry Components & Process

             Pitch                       Round 1: Plan                 Round 2: Present                    Round 3: Present
         (Local Round)                      (Local Round)                    (Local Round)                     (Regional Round)

        3 minute video                     5 minute video                  10 min. in-person                 10 min. in-person
   1 page Executive Summary                Up to 10 slides           presentation & up to 20 slides     presentation & up to 20 slides

 Executive Summary should:          Round 1 video should:            Rounds 2 & 3 presentations
  - Explain the purpose of the       - Contain all items from        should:
    business                           previous round                 - Contain all items from
  - Tell what the business will      - Describe the market              previous round
    provide (product, service,         opportunity                    - Demonstrate business
    platform, or system)             - Share the profitability          etiquette
  - Provide a description of the     - Display professionalism        - Include customer validation
    market                           - Be an organized
  - Share the competitive              presentation
    advantage
  - Describe funding sources        10 teams per county advance       1 team per county advances        Overall winners announced at
                                            to Round 2                        to Round 3                         competition

  Mentor Q&A                        (Local & Regional Requirement)   Online Curriculum                   (Local & Regional Requirement)
  - At least 3 proofs of contact with mentors                         - Curriculum housed on Lessonly
  - Proofs may be business cards or copies of communication with      - Students must complete all lessons, tests, & surveys included
    mentors                                                             in curriculum by the stated deadline.
  - Mentors are members of the community, teachers/professors,        - Failure to complete Maverick Challenge Online Curriculum will
    business owners, etc.                                               result in disqualification from the competition.

Check your county’s timeline for deadlines and review The Maverick Challenge Resource Guide for complete rules & guidelines.
                                                                                                                                  March 2020
JUDGING CRITERIA
Judges in the Maverick Challenge will be scoring the following items:
    •   Executive Summary
    •   Professionalism
    •   Organization
    •   Market Opportunity
    •   Profitability
    •   Customer Validation
    •   Presentation Skills
    •   Overall Impact
    •   Length

In addition to the above, attention to the following details will help:
    •   Writing Style: Write for your audience - business professionals. Avoid jargon.
    •   Graphics: Graphics should help tell a story. Use them where they make sense.
    •   Edit and Re-Edit: Before submitting your presentation, run it by people who will give you
        an honest assessment about your idea and how it is presented. Typos, misspellings, and
        grammatical errors should be avoided at all costs.

** Complete rubrics and scorecards for each round can be found on the following pages.
PITCH SCORECARD
Student(s):
                                                                                  Comments
Presentation Elements           Needs Work       Good       Excellent

Introduction and opening of        1         2     3    4      5
pitch.

Apparent preparation and           1         2     3    4      5
practice.

Appropriate language and           1         2     3    4      5
overall speaking skills.

Enthusiasm and confidence are      1         2     3    4      5
displayed

Executive Summary               Needs Work       Good       Excellent

Purpose of the Business            1         2     3    4      5
Explanation of what the            1         2     3    4      5
business provides

Market Description                 1         2     3    4      5

Competitive Advantage              1         2     3    4      5
Funding Sources Explained
                                   1         2     3    4      5

Additional Comments

            Evaluator Signature: _______________________________________________________________

The Maverick Challenge
(updated May 2021)
11
ROUND 1 - SCORING GUIDE
                                       10-9                              8-6                               5-3                               2-1
                                   Excellent                      Above Average                           Fair                         Below Average
                         Student(s) displays excellent      Student(s) displays a mostly     Student(s) displays an             Student(s) is consistently
                         professional demeanor.             professional demeanor.           attempt at a professional          unprofessional and/or
                         Tone and language is very          Tone and language is             demeanor, but is                   disrespectful in demeanor,
 Professionalism         respectful and body                respectful and body              unsuccessful. Tone and             tone, and language.
                         language displays                  language displays some           language does not display
                         confidence.                        confidence.                      respect and body language
                                                                                             lacks confidence.

                         Presentation follows an            Presentation follows a           Presentation follows a basic       Presentation lacks
                         exceptionally clear and            mostly clear and purposeful      organization that needs            organization. Points/topics
                         purposeful organization.           organization. Each               improvement for clarity.           are very difficult to follow.
 Organization            Each point/topic leads to          point/topic leads to the next    Points/topics do not always
                         the next to create a               to create some flow of           flow to the next.
                         distinguished flow of              thought.
                         thought.

                         Student(s) displays extensive      Student(s) displays partial      Student(s) displays little         Student(s) displays no
                         understanding of the               understanding of industry        understanding of industry          understanding of industry
 Market                  venture’s industry and             and target market and the        and target market and the          and target market and the
 Opportunity             target market and the role         role the venture will play in    role the venture will play in      role the venture will play in
                         the venture will play in it.       it.                              it.                                it.

                         Presentation includes              Presentation includes some       Presentation includes very         Presentation does not
                         detailed explanation of how        discussion of the venture’s      little discussion of the           include discussion of the
 Profitability           the venture is financially         profitability, but is not well   venture’s profitability with       venture’s profitability.
                         and independently                  detailed.                        little or no detail.
                         profitable.

                         Presentation is unique and         Presentation is somewhat         Presentation conveys few           Presentation does not exude
                         memorable, and student(s)          memorable and unique and         memorable qualities and            any memorable or unique
 Overall Impact          shows enthusiasm for the           student(s) shows some            student(s) lacks enthusiasm        qualities and student (s) lack
                         venture that adds to the           enthusiasm for the venture.      for the venture.                   enthusiasm entirely.
                         overall persuasiveness.

                               5 pts                   4 pts                   3 pts               2 pts                     1 pt                  0 pts

       Length               4:45 - 5:15              5:16 - 5:30           5:31 - 5:45          5:46 - 6:00            6:01 - 6:15           6:16 or longer
    (Presentation                                        or                    or                   or                     or                Less than 3:44
 falls between the                                   4:30 - 4:44           4:15 - 4:29          4:00 - 4:14            3:45 - 3:59
   lengths listed.)

The Maverick Challenge
(updated May 2021)
12
ROUND 1 - JUDGING SCORECARD

     Student/Team Name:_____________________________________________________________________________

Professionalism                                                                                    /10

Organization                                                                                       /10

Market Opportunity                                                                                 /10

Profitability                                                                                      /10

Overall Impact                                                                                     /10

Length                                                                                              /5

TOTAL                                                                                              /55

Feedback for student (s):

                   Criteria is the same or similar as used for the Ball State University “Innovate WithIN” competition.

The Maverick Challenge
(updated May 2021)
13
ROUNDS 2 & 3 - SCORING GUIDE (Local & Regional Finals)

                                    10-9                               8-6                                 5-3                              2-1
                                  Excellent                       Above Average                            Fair                        Below Average
                         Student(s) displays excellent      Student(s) displays a mostly     Student(s) displays an              Student(s) is consistently
                         professional demeanor.             professional demeanor.           attempt at a professional           unprofessional and/or
 Professionalism         Tone and language is very          Tone and language is             demeanor, but is                    disrespectful in demeanor,
                         respectful, and body               respectful, and body             unsuccessful. Tone and              tone, and language.
                         language displays                  language displays some           language does not display
                         confidence.                        confidence.                      respect, and body language
                                                                                             lacks confidence.
                         Presentation follows an            Presentation follows a           Presentation follows a basic        Presentation lacks
                         exceptionally clear and            mostly clear and purposeful      organization that needs             organization. Points/topics
 Organization            purposeful organization.           organization. Each               improvement for clarity.            are very difficult to follow.
                         Each point/topic leads to          point/topic leads to the next    Points/topics do not always
                         the next to create a               to create some flow of           flow to the next.
                         distinguished flow of              thought.
                         thought.
                         Student(s) displays                Student(s) displays partial      Student(s) displays little          Student(s) displays no
 Market                  extensive understanding of         understanding of industry        understanding of industry           understanding of industry
 Opportunity             the venture’s industry and         and target market and the        and target market and the           and target market and the
                         target market and the role         role the venture will play in    role the venture will play in       role the venture will play in
                         the venture will play in it.       it.                              it.                                 it.

                         Presentation includes              Presentation includes some       Presentation includes very          Presentation does not
 Profitability           detailed explanation of how        discussion of the venture’s      little discussion of the            include discussion of the
                         the venture is financially         profitability, but is not well   venture’s profitability with        venture’s profitability.
                         and independently                  detailed.                        little or no detail.
                         profitable.
 Customer                Student(s) has validated           Student(s) has customer          Student(s) has some                 Student(s) has no customer
 Validation              their venture with customer        feedback but has not             customer feedback and has           feedback or validation.
                         feedback and implemented           implemented.                     not yet implemented.
                         those ideas.
                         Student(s) has dressed             Student(s) has partially         Student(s) has little               Student(s) was poorly
                         appropriately and                  demonstrated                     understanding of business           dressed and showed no
 Presentation            demonstrates a clear               understanding of business        etiquette.                          business etiquette.
                         understanding of business          etiquette, but has not
 Skills
                         etiquette (handshake,              mastered the skills.
                         business attire, eye contact,
                         etc.).
                         Presentation is unique and         Presentation is somewhat         Presentation conveys few            Presentation does not
 Overall Impact          memorable, and student(s)          memorable and unique, and        memorable qualities, and            exude any memorable or
                         shows enthusiasm for the           student(s) shows some            student(s) lacks enthusiasm         unique qualities, and
                         venture.                           enthusiasm for the venture.      for the venture.                    student(s) lacks enthusiasm
                                                                                                                                 entirely.

                               10 pts                   8 pts                 6 pts                4 pts                     2 pts                 0 pts

       Length               9:30 - 10:30         10:31 - 11:00           11:01 - 11:30         11:31 - 12:00         12:01 - 12:30           12:31 or longer
 (Presentation falls                                  or                      or                    or                    or                   7:29 or less
    between the                                   9:00 - 9:29             8:30 - 8:59           8:00 - 8:29           7:30 - 7:59
   lengths listed.)

The Maverick Challenge
(updated May 2021)
14
ROUNDS 2 & 3 - JUDGING SCORECARD (Local & Regional Finals)

Student/Team Name:__________________________________________________________ Round:                                       2   3

Judge Name: ________________________________________________________________

Professionalism                                                                                    /10

Organization                                                                                       /10

Market Opportunity                                                                                 /10

Profitability                                                                                      /10

Customer Validation                                                                                /10

Presentation Skills                                                                                /10

Overall Impact                                                                                     /10

Length                                                                                             /10

TOTAL                                                                                              /80
Feedback for student (s):

                   Criteria is the same or similar as used for the Ball State University “Innovate WithIN” competition.

The Maverick Challenge
(updated May 2021)
15
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