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Business PlanUS FIRSTyou can make a
businessman out of an engineer but you cant make
an engineer out of a businessman Dean
Kamen, DC regional opening remarks
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Introduction

• ILITEs business plan applies the same
  principles of success as our team applies when
  developing a successful Robot. ILITEs
  organizational structure is based on our research
  of current technology industry business models
  which we adapted to the specific goals of
  ILITE. We take an effects based approach that
  challenges our team to meet increasingly more
  complex goals.

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Team Business Structure

• ILITE is composed of several independently
  operating sub-system teams that are integrated
  into a single functioning team. This approach
  maximizes our teams available resources and
  allows sub-system teams to operate unencumbered
  by many outside factors while still maintaining
  overall project awareness and addressing
  interoperability.

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Growth Plan

• ILITE has developed an aggressive growth plan to
  inspire new members, sponsors, mentors, and
  government leaders through an innovative
  combination of individual contact and technology
  based outreach. Through this process ILITE has
  successfully petitioned for and received grants
  which the team has ear-marked for county wide
  curriculum development at the middle school and
  high school level.

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Risk and Mitigation

• Because ILITE is engaged in an aggressive growth
  strategy requiring significant time, talent, and
  funding we have assumed risk in the availability
  of resources to support the teams robot
  construction. The corporate sponsors and civilian
  officials we petition for curriculum development
  funding are also our teams sponsors. This
  requires ILITE to continuously pursue new
  sponsors to maintain our growing need for support.

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Risk and Mitigation Cont.

• ILITE continues to push the limits of integrating
  innovative and highly technical designs and
  systems into our planning and construction.
• We have continued to maintain the high
  recognition that our stakeholders expect from
  their sponsorship.
• Rookie All-Star (VCU-2006, Palmetto-2006)
• Rookie All-Star World Champion (2006)
• Web site Award (Las Vegas-2006)
• Engineering Inspiration (VCU-2008, DC-2009)

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Success

• ILITEs goal is to inspire and educate future
  science and technology leaders through personal
  contact and collaboration with industry mentors
  and sponsors. This hands-on exposure to current
  technology and business leaders transfers a
  wealth of knowledge and experience to FIRST
  participants. This exchange of knowledge occurs
  in the areas of technology, leadership,
  management and entrepreneurship.

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Success Cont.

• ILITE is continuing to develop funding sources
  and curriculum changes for implementation in the
  2009-2010 school year.
• Continued use of high school underwater robotics
  and middle school robotics curriculum as
  instrumental tools in engaging new members.
• Community and intra/inter-state collaboration and
  outreach assists ILITE and the entire FIRST
  enterprise.

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Success Cont.

• 2009-2010 Grants
• 2009-2010 ILITE (FIRST) enrollment 90 rising
  Freshmen have already signed up
• Continue DC FIRST collaboration and peer
  mentoring (Build Day)
• Balance achievement with fun and education