The Arc Tank Process
The Arc Tank
The John F. Kennedy Presidential Library & Museum
Columbia Point, Boston
Wednesday, November 15, 2017
The application process for The Arc Tank will be conducted in two phases:
Phase 1 will include initial application review by a panel of professionals that represent a broad range of experience including, but not limited to: community integration, disability services, business development, and entrepreneurial experience. All applications received will be reviewed and scored by a minimum of three people.
Applications will be scored on the following criteria:
• Creative concept/positive disruptive ideas
• Number of people concept/idea will reach
• Does concept address a need/supply a benefit?
• Is the concept achievable within the timeframe?
• Funding for post-grant sustainability (if necessary)
• Does the concept support people in the greater Boston area, Massachusetts or on a national level?
Up to 10 entries will be invited to move on to Phase 2.
Phase 2 will include a final presentation to a panel of experts, The Arc Tank, comprising industry leaders from various sectors. The panel will have received copies of the submissions participating in Phase 2. Phase 2 will include:
• 5 minute presentation by each applicant(s).
• 5 minutes of Q&A with the panel
• Deliberations and awarding results
The expert panel will have up to $200,000 to invest. The panel may select multiple ideas, may choose to fund ideas over multiple years or provide larger awards to fewer ideas. In their presentations, applicants should clearly state the dollar amount they need to operate and if this is a multi-year request or a one-time request.
The expert panel will announce their decision the day of the competition. Applicants should be prepared to accept or decline the offer that day.
Presentation to The Arc Tank
The day of presentation to The Arc Tank is a time to explain further why your idea is the best idea, why it is disruptive and how it will benefit people supported. The expert panel will have received applications with notes from the review committee. During this presentation you will want to elicit excitement towards your plan. Think visually! This is five minutes that could change lives.
Presentations will be timed and limited. Plan your presentation thoughtfully, highlighting the most important aspects of your idea.