Next Big Idea Competition Nomination Form 2020 Posted November 13th, 2019 by Tony Muka. Contact Name* First Last Organization*Phone*Email* 1. Please describe your "Big Idea"*2. Benefits of your idea to consumers and/or credit unions who utilize your "Big Idea"*Describe the specific benefits to a credit union, credit union members and/or CUSO that uses your idea?3. How is your idea different from other solutions in the market?*What distinguishes your idea from similar products, services and/or delivery channels? Why should a credit union use your idea over other solutions? What markets does your idea create or open up for credit unions and/or CUSOs?4. Is your product/service currently being sold or is it ready to go to market? Is the market or future market, credit unions?*Is your idea "ready to offer" or does it need to be developed? If it is not ready to offer, what is your timeline for development?5. Do you need Capital/Investment? If so, how much are you seeking, and for what % of ownership?*Do you need capital to finish your idea, or is it built and ready to offer? If you need capital, how much do you need? What is the return on investment for a credit union or CUSO who invests in your idea? 6. Are you a CUSO?*If not, are you open to credit union ownership, so you can become a CUSO?7. Describe your Business ModelDescribe your business model. Describe the organizations that will be involved in the services (including credit unions and/or CUSOs), how the organizations will interact, who will control the organizations and how the revenues and costs will be shared among the organizations.8. Why should your idea be one of the 5 that we showcase in The Next Big Idea Competition?*9. Should you make it to the finals, for marketing and printing purposes, please provide the following:- A one paragraph summary description of your idea:10. Should you make it to the finals, for marketing and printing purposes, please provide the following:- A single sentence "one-liner" to best describe your idea:Additional CommentsCommentsThis field is for validation purposes and should be left unchanged. This iframe contains the logic required to handle Ajax powered Gravity Forms.
