So I got some advice recently to enter my company, Atomic Tower, in the Mass Challenge. MC is a competition for startups and the prize is mentoring, office space and capital!
We entered.
There was of course an application with about 20 questions that describe the company, problem, solution, competitors, market etc. Big catch, the answers could be either 250 or 500
CHARS!
This is common. It reminds me that when you have a business you had better be able to explain it plainly in very few words. And if you're looking for funding, you had better be able to make the reader go "Wow! What an amazing opportunity!"
I think the old-time term would be "Pithy".
Best of luck,
Brian
p.s. If you want to vote for us, go to http://masschallenge.org and register as an observer.
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