The business idea is targeting educational institutions

That university should Virtual reality (VR) for their labs as it's a way for it to be more sustainable

and these are the questions that need to be answered

1.Concept and Vision. Where did your idea come from (e.g., an Innovation lab, incubator)? Explain what the market opportunity is and how your solution addresses this. What makes your solution particularly compelling? How does it make the world a better place? Do you have personal experiences with this market? Is there existing intellectual property that you must license or new intellectual property you must develop in order to pursue this opportunity? Has anyone tried something like this before? If so, why did they fail or succeed, and why is the opportunity still attractive?