Criteria:

Future-Focused Innovation (30%)

• The team demonstrates a clear understanding of future challenges and proposes innovative solutions, especially tech-based ones.

• The proposed solution addresses a pressing business need while fostering innovation.

• Originality and creativity are evident in the proposed business solution.

• The solution resonates with customers, showing desirability and potential for adoption.

• Demonstrated improvement upon existing solutions, ensuring sustainability.

• Alignment with future-oriented goals and trends is evident.

• Measurable impact of the proposed solution is presented.

Market Viability and Competitive Edge (20%)

• Identification of a target market with a thorough assessment of market potential.

• Differentiation from competitors is clearly articulated.

• A viable business model encompassing financial, marketing, and communication strategies is presented.

• Scalability potential in both geography and scope is demonstrated.

Enterprise Sustainability and Growth Strategy (30%)

• Besides offering a sustainable product/service, the team shows a commitment to building a resilient organization.

• Stakeholder-centric approach: Consideration for customers, employees, shareholders, and communities.

• Demonstrated organizational resilience, adaptability, and capacity for growth.

• Diversity of experience and expertise within the team is showcased.

• Clear goals for organizational development and sustainable growth are articulated.

• Comprehensive risk management and mitigation strategies are integrated into the business plan.

Presentation Excellence (20%)

• Clarity and coherence in the pitch, deck, and/or video presentation.

• Commercial appeal and effectiveness in conveying the message.

• Responsiveness to questions and feedback during the live pitch session.