Venture Coaching

The Blackstone LaunchPad offers venture coaching support to students, alumni, faculty and staff in a one-on-one setting for individuals or ventures at ANY stage, in ANY industry.

Our student Venture Coaching staff is currently away for the summer. Please see below for updated directions on utilizing our services during this time.

Step 1: Register with the LaunchPad

Before proceeding, please complete this short registration form to allow us to best serve you in
future communications and interactions.

Step 2: Review our FAQ

Below is a list of commonly asked questions/prompts with our responses to get you started or
pointed in the right direction.

1. Where do I get started?
 We have a few resources for people who have a business idea to get started below. We do recommend grabbing the Strategyzer.com books (graphic novels, really) online or from your local library

1. Value Proposition Canvas

2. Business Model Canvas

3. Lean Startup Method

4. Customer Discovery

5. Business Plan vs. Business Model Canvas

Need help with a business plan?

We find that for most early-stage entrepreneurs a business plan is not the best starting point for their idea. In our experience, there usually two main reasons for writing a business plan:
  • Because someone important, most likely a bank, or perhaps an investor, is asking for one
  • Because you and others on your team find it helpful to get your ideas down on paper, and if that's the case we would recommend starting with the business model canvas.

We strongly recommend putting more time and energy first into developing and testing your assumptions using the business model canvas (resources for this above), rather than writing as entrepreneurs often get too focused on making the business plan document look and read well, rather than questioning whether what they are writing is based on good analysis and robust assumptions.

If you do need to write a business plan, there is no definitive template or order for a business plan, but this SBA resource is a good, clear starting point.

1. How do I set up a legal entity for my business? What advantages are provided from a corporation versus an LLC?

2. How do I finance my idea/business? How do I plan for financial success?

3. What options do I have for funding beyond the banks?

4. I would like assistance improving my business operations. Is there anyone available to work with me?

5. I identify as a woman and am seeking support and community with other female entrepreneurs, leaders, executives, etc.

6. I am a part of the rural and/or indigenous community in Montana and would like assistance with my idea or business.

Or contact Karl Untershuetz at karl.unterschuetz@mso.umt.edu with questions.


7. I am a current student or alumni of the University of Montana with an idea or current venture and am looking for resources, guidance, and/or support.

8. I am a current student looking to learn more about the programs and resources available to me through Accelerate Montana.

Questions?

Submit any additional questions to this form and a member of our staff will get back to as soon as
possible.

If you are feeling stuck or unsure which resources are best for you, reach out via this form and any of our staff will be happy to help.