• The jury will shortlist applications based on individual assessments, followed by a consensus meeting. 


• Interviews via video-conference with shortlisted teams. 

• Poor – criteria are inadequately addressed or serious weaknesses exist
• Fair – application addresses the criterion broadly, but there are significant weaknesses
•  Good – application addresses the criterion well, but a number of shortcomings are present
• Very good – application addresses the criterion very well, but a small number of shortcomings are present
• Excellent – application successfully addresses all relevant aspects of the criterion. Any shortcomings are minor

• By validating at least a first mock-up prototype, they are proving the fit of the MVP to solve a market challenge within one of the verticals.


• Business model, implementation, and scalability of the venture.


• The team’s capabilities and quality of execution of the strategy, including clearly defined technical and business skills, are of paramount importance.


• Communication skills demonstrated and general quality of the presentation.

Team composition

Identify the core knowledge and expertise of each team member, as well as any areas of competence in need of improvement. Be as open and honest as possible. Also describe your team’s access to expertise and knowledge in any specialist field outside your own but necessary to implement the solution envisaged, such as your product and/or service, and to launch your venture.

Business model 

Using 2 to 3 sentence statements, describe who is your customer and the challenge that your product and/ or service will actually solve or help to solve. Characterize clearly and quantitatively the current problems faced by customers with existing solutions (from competitors, direct and indirect).

Uniqueness of the solution 

Describe your technology, the stage of technical development and what the next critical steps in development are to establish your MVP and have your solutions ready to launch in the market. What makes it different (better) from existing solutions? In other words, do not describe how your technology works but rather explain what technology it is, what it does and how it meets customers’ needs. 

Innovativeness of the solution 

 In a clear, 2 to 3 sentence statement, describe your solution, the benefits for the customer and how it overcomes the problems identified. 

Impact of the solution 

Describe the main characteristics of the market in which you will introduce your solution (product or service) and in which way your value proposition (to the customer) makes it an attractive opportunity for an investor. Include the financial needs for implementation and the projected returns for a hypothetical investor. Also, highlight how the market has been growing and how it is expected to grow in the foreseeable future.