Question: PLEASE READ INSTRUCTION This is Entrepreneurship and creativity assignment Please choose a new business that incorporates an aspect of innovation for its product or service

PLEASE READ INSTRUCTION

This is Entrepreneurship and creativity assignment

Please choose a new business that incorporates an aspect of innovation for its product or service being offered in the marketplace and that is also being promoted to raise money on one of the Crowding Funding sites of either Kickstarter (Links to an external site.) or Indiegogo (Links to an external site.).

For the new business that you have chosen, please:

  1. Identify the new business and please provide the URL to the crowdfunding site.
  2. Explain the problem that is being solved by this new business.
  3. Describe the market segment of people/businesses who are experiencing this problem (target market).
  4. Describe how the problem is currently being solved by this market segment and explain how this current solution is insuffiucient and/or inadequate.
  5. Please identify the innovative new solution being offered by this new business explain how this new solution is better than what is currently being offered and discuss how it benefits the target market.
  6. Discuss how well the video explained the business concept and how well they convinced you of the potential opportunity that the concept presents.
  7. Evaluate whether you think this new business will be a successful new venture and explain why or why not

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