JA Europe Innovation of the Year – Upper-Secondary Level

Upper-secondary

About the award

The most innovative JA Company will be awarded to recognise ground-breaking innovation of their business.

Criteria

Innovation and Value Creation 30%:

1. How well is the business problem and opportunity clearly defined?

2. How does the solution fulfill a customer need, has resonance and desirability?

3. How impactful is the proposed solution on society & human lives (social, ethical and environmental issues)?

Market and Competition 30%:

4. Did the team clearly identify the target market and the market potential of their product/service?

5. Did the team show an understanding of their competition and their product/service differentiation in relation to them?

Finances 15%:

6. How compelling is the business model (realistic and viable)? How reasonable are the financial projections?

Management & Team 15%:

7. Does the team exhibit the experience and skills required for operation? Has the team managed to recruit advisors when needed?

Ability to Demonstrate Achievements in Learning 10%:

8. To what extent are team members able to reflect on competence development (creativity, self-efficacy, taking initiative, teamwork, resourcefulness, perseverance, taking responsibility)?

Judges

Maria Jose Subiela Alvarez

Director of Grants & Programmes, Euroclear Foundation

Vita Balode-Andrews

Acting Director of the Export and Innovation Services Department at the Investment and Development Agency of Latvia

Winner(s)

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