What to Expect
The CIL has put together a comprehensive list of resources for the Swat Tank program. Throughout the process, the CIL and partners from Career Services and the Social Innovation Lab will host workshops and meetings to connect students with different tools to use in their idea development. This collection of resources has been designed to give some extra guidance in topics such as the Business Model Canvas and Social Business Model Canvas, Value Propositions, Pitching, and working with an Alumni Mentor.
- Strategyzer's Business Model Canvas [Downloadable PDF] and [YouTube Video]
- Social Business Model Template [Downloadable PDF]
- Strategyzer's Value Proposition Canvas Explained [YouTube Video]
Early on, students are matched with an alumni mentor relevant to their idea to provide guidance and support as they work through this process. Their mentor is meant to be a resource to talk through ideas and questions, connect with someone in a professional context, and provide experience necessary to help a new business. We are thankful and proud that our mentors are each experienced, knowledgeable, and care tremendously about helping students.
Students will go through First Round Pitches and Judging in February which consists of a four minute presentation and 10 minute question and answer period. Teams have to submit a visual Business Model Canvas or Social Business Model Canvas plus a Project Report to the judging committee. The Project Report will follow a template provided by the CIL and should specifically outline all aspects of their idea. Following the First Round Pitches, the top three projects will go on to compete at the Swat Tank Finals in April where they will give a more developed idea and project presentation.
At the Swat Tank Innovation Competition, the top three teams will have the opportunity win the following prizes based on their presentation:
- 1st place: $3,000
- 2nd place: $1,500
- 3rd place: $500
- Audience Choice: $250