Virtual Business Research

Exercise details

Current activities
 

Search phase

·  Searching for partners, customers, possible locations for shop, merchandise, tools ..

·  Group’s limit is extended to 3000 L$.

·  All the enlisted group members with avatars should have active scripts. If you delete the script by accident, you can find it in the communication center.

 

Overdue
 

21.12.2009 Business projections Excel sheet (see left column).

See this page for previous week’s tasks.

 
Next event
 

28.12.2009 End of Search phase. Deadline for Business Idea feedback form (see left column).

 

Other Deadlines

 

11.1.2010 End of Prototyping phase. Deadline for Business Idea Description form (see left column).

11.1.2010 Updates for the Business projections Excel sheet

Overall schedule and budget

Limit — the amount of Linden Dollars (L$) that the group is given in different stages of the exercise. All the money that is saved can be used later in the exercise. In the end of the exercise, the money left on the groups account is counted and is part of the criteria for prize venture capital.

Account — the amount of Dollars ($) (+ VAT) that the group leaders have to pay to Linden Lab during the exercise. This money is refunded to group leader upon receiving certification / receipt for the payment

Stipend / Signup — the amount of Linden Dollars (L$) that the group leader receives from Linden Lab after upgrading to premium account. This money is counted for the group budget.