April 2 - 3, 2020
10am - 3pm
Hosted and Sponsored by
Mid-Atlantic District Conference Center
5404 Wisconsin Ave. Chevy Chase, MD 20815
Industry Competitions - Serc Tank ("Shark Tank")
Training / Preparation: Thursday, April 2, 2020 1:30pm - 2:45pm
Final Competition: Friday, April 3, 2020 1:30pm - 2:45pm
Level of Knowledge: Beginner
Description: Similar to ABC’s hit show Shark Tank that yields upcoming entrepreneurs, SERC Tank is EduSerc’s version where students will have an opportunity to present a business idea to a panel of successful business owners / managers for the opportunity to win funding, supplies or other resources to help them start their idea.
NOTE: But there is a twist...Each product idea must be able to address a direct need in the community or help solve a problem in community.
Deadline for School Team Submissions - April 6, 2018
Each school can register up to 3 teams to participate and compete. (Each team comprising of 4 students)
Each team must develop the following:
Business Plan Overview (30 points): a brief two (2) page abstract that addresses the business concept, the product, how the business will be setup and managed, and who would be your potential customers.
Marketing Research and Projected Sales (20 points): a brief one page that describes the research you performed that proves your concept will work successfully and an outline of projected sales you will make with your business.
Infomercial (20 points): a brief 30 - 60 second marketing video commercial that sells your product. If you have a logo designed for your product or service, please ensure to use it in your video. (Submit online above)
A Working Prototype (30 points) (or simulated example that your concept works, if you are promoting a service)
Most Innovative Product or Service
Most Successful Business Model
Best Sales / Marketing Presentation