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IEEE-USA TechMatch
is an online service that allows entrepreneurs access to seasoned businesspersons who, at no charge, will help them improve their business plans.  IEEE-USA TechMatch provides a detailed, automated assessment of the entrepreneur’s plans and objectives, and then a committee of experienced reviewers will provide sustained, customized feedback to help improve the submitted business plan prior to presentation to prospective investors.

Plan submission and evaluation process

  • Plans will be submitted on-line via the IEEE-Tech Match web site, powered by Business Catapult. Here you’ll fill out the Benchmark Survey, complete your investment summary, and up load your executive summary and any other relevant documents.
     
    • In the Benchmark Survey, we'll ask you questions about your business concept and strategy. Your answers will be compared to the answers of successful businesses that completed the survey and whose answers have been audited.
       
    • The Investment Summary is a view of your business as an investment opportunity. It provides a clear snapshot to investors, so they understand the basic financial picture at a glance.
       
    • If you have a clear understanding of your investment goals, you'll find the Investment Summary easy to complete. If not, you'll find it provides a framework of key issues investors will want to understand about your company, and thus will guide your preparations to seek outside investment.
       
  • The IEEE TechMatch Advisory Services will assign your plan to an Advisory Team. The Team will review the plan and make some detailed comments on how to improve the overall plan. These comments will be released back to you for review and modification. If warranted, the Advisory Team will re-review the updated plan and provide additional comments. This process could take up to 30 days. At the end of this process IEEE TechMatch will return the plan and comments back to you with a recommendation of how to go forward, and whether you are ready to seek funding or not.  If you wish to submit your plan to actual investors, you may then transfer it to Business Catapult’s general deal flow (a fee may apply).

[ GO TO IEEE-USA TECHMATCH ]

 

 

 

Updated:  03 November 2010

Contact: Scott Grayson, s.grayson@ieee.org
 

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