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)?