Question: Develop a new business concept. It could be a Product or Service. This is to be based on a new business idea that you will

  1. Develop a new business concept. It could be a Product or Service.
  2. This is to be based on a new business idea that you will develop and will be presenting. Assume that you will be presenting your Lean Canvas to an Investor.
  3. You will outline your business model using one or more of the driving forces.Just fill the Lean canvas template or you can download it from google to get any simple lean canvas model and fill it with the responses for a new business concept. It can be any product or service.
  4. You will use the concepts or sources of innovation in your business model.
  5. Your business model must clearly show how the revenue is generated and what costs are incurred.
  6. You may use bullet points as long as you clearly communicate the information

Assignment: Lean Canvas

Student Name: Student Number:

LEAN CANVAS

Category - Boxes

(Total /18 points)

Completed Properly

(Understood the type of information that

went in the section)

(1 point)

Relevant Information

(Provided meaningful information related to the new venture idea)

(1 point)

9 BUILDING BLOCKS

Problem/Existing Alternatives
Solution
Key Metrics

Unique Value Proposition/

High Level Concept

Unfair Advantage
Channels

Customer Segments/

Early Adopters

Cost Structure
Revenue Streams

COMMENTS:

Category - Overall Lean Canvas

(Total /12 points)

Exemplary

4.0

Skilled

3.0

Minimal Compliance

2.0

Insufficient

1

EFFECTIVENESS

Uniqueness -degree to which the company is providing a new approach to the business not currently in the market
Fit -how the various building blocks tie into each other and complement each other
Comprehensiveness -how thoroughly the model covers the entirety of the scope it is aimed towards

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