Procedure Guide + Expectations for Flow of Committee

 Hello, delegates!

Happy Friday. Berkeley Venture Capital is a specialized committee, and thus runs on different procedure and day-to-day structure. As always, reach out to bvcbmunlxx@bmun.org (or my email, cwherritt@bmun.org) if you have any questions.

As the committee page states, BVC is a full tech committee. This means that you are allowed to use your laptop at any time. We understand the depth of research and collaboration that comes with the internet, especially in a venture capital committee, and want to grant you access to the internet. 

In the first committee session, every delegate will get the opportunity to pitch their ideas to the rest of the committee and start to form groups with other delegates. You and your team are going to form a company with the goal of creating a solution that would improve sustainability in the face of global crisis for the other committee sessions. The company's product can be a combination of ideas that you had coming into committee, an expansion of one person's idea, or something completely different.

Rather than having a resolution submitted at the end, you and your team are going to pitch your company to the dais, who will be acting as investors, through a pitch deck. Pitch decks are essentially a set of slides where you detail your business model for your company to help persuade people to invest. An example pitch deck will be attached in this week's BVC newsletter. Based on the feedback of the dais and their initial investment, you're going to adjust your pitch and deal with any obstacles that may come your way.

This all may sound a bit intimidating, but the entire dais will be reiterating this and guiding you through the whole process with micro-lectures, more blog posts, and an unlimited amount of advice. BMUN is a learning conference, and we are here to help you succeed!! Let us know if you have any questions/comments/suggestions at bvcbmunlxx@bmun.org!

*Note: Excellent delegates will consider how they can scale their business idea in the long term. For example, if your idea focuses on launching in the rural cities of Southeast Asia, that’s a great start! Delegates should also consider how they can eventually change their idea to launch in other regions.