Criteria for selecting projects/ventures
- Describe team members, skills, experience and availability
- What is their ability to execute or ability to build a suitable team?
- Previous experience on startups
- What is the need/problem that the solution solves?
- Innovation / potential Intellectual property
- Applicability (The team have the ability to reach an initial prototype until the end of the accelerator program)
- Solution description (up to 5 lines – if needed attached a short presentation / video
- Current status (Idea, prototype, demo, Proof-of-Concept, existing customers/sales, existing revenue)
- Existing materials – Once pager, presentation, investor deck, web site etc.
- Who is the customer (User/Buyer)
- Target market
- Existing Competition and What is the competitive advantage of the proposed solution
- Market size
- Business Model (how the venture will make revenue?)
- Business Potential (Year 1-5)
- Other solution impact (Social, Environmental)
- Solution Domain (e.g Health care, Medical device, Aggrotech, Education, PropTech, Fashion, B2B (Software, , B2C, etc.)