SEMIFINALS
1. Semifinals Evaluation
|
Element |
Objective |
Scoring Weight |
A |
Business Plan |
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85% |
1. |
Innovation |
Creativity and Originality |
20% |
2. |
Market Feasibility |
Scalability and Industry connection |
20% |
3. |
Management Feasibility |
Human and Technical Resources |
15% |
4. |
Financial Feasibility |
Profitability and Financial Strategy |
20% |
5. |
Overall Business Plan Presentation |
Technical and Structured Presentation |
10% |
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B |
Website or online presence |
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15% |
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Total Percent |
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100% |
Evaluation Scale: 1-5
Project Plans will be evaluated on the following criteria with points assigned based on this rating scale:
0 |
= Does not meet the criteria at all or attempt to – Unacceptable. |
1 |
= Meets some criteria but unacceptable - Very poor. |
2 |
= Meets the criteria minimally – Poor. |
3 |
= Meets the criteria but does not exceed it – Adequate. |
4 |
= Meets criteria and substantially exceeds it – Good. |
5 |
= Meets criteria and demonstrates highest excellence and superiority – Excellent. |
A. Business Plan Technical Review
1. |
Innovation |
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• The project presents a creative, affordable, feasible solution to one of the two Priorities of this year’s competition. |
10% |
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• The project should bring an innovative solution (though it can be an adaptation or improvement of an existing solution. |
10% |
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Subtotal Innovation – Maximum points |
20 |
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2. |
Market Feasibility |
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• Addresses specific needs. |
10% |
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• Demonstrates the feasibility of implementing the project in developing countries and with limited resources. |
10% |
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Subtotal Market Feasibility – Maximum points |
20 |
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3. |
Management Feasibility |
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• Provides an implementation plan for developing countries |
5% |
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• Demonstrates an investment opportunity for the industry to support the development of the solution, project, or idea. |
5% |
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• Demonstrates opportunities to replicate the project in other countries or regions. |
5% |
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Subtotal Management Feasibility – Maximum points |
15 |
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4. |
Financial Feasibility |
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• Demonstrates efficiency in its financial structure and forecast. |
10% |
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• Demonstrates an investment opportunity for the industry to support the development of the solution, project, or idea. |
10% |
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Subtotal Financial Feasibility – Maximum points |
20 |
5 |
Overall Business Presentation |
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• Present all requirements in a clear and complete form. |
5% | |
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• Visual materials to present the project (video, photos, graphs, website, etc.) |
5% |
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Subtotal Business Presentation– Maximum points |
10 |
B. Website or online presence
1. Website |
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• How efficient and creative is the website to inform about the product/service and achieve the reach for the target audience? |
15% |
Subtotal Website – Maximum points |
15 |
FINALS
2. Finals Evaluation
|
Element |
Description |
Scoring weights |
A. |
Business Project/Plan Presentation |
|
75% |
1. |
Business Project/Plan |
Feasibility/ Overall Quality |
25% |
2. |
Presentation |
Professionalism / Teamwork |
20% |
3. |
Promotional Video |
Originality / Creativity |
10% |
4. |
Prototype |
Functional / Realistic |
15% |
5. |
Elevator Speech |
Compelling / "Short and Sweet" |
5% |
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B. |
Financial and Investment Feasibility |
Growth potential |
25% |
1. |
Funding strategy |
10% |
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2. |
Justifies the Return of Investment |
5% |
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3. |
Cost/Structure Finances and Investment Forecast |
10% |
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Total Percent |
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100% |
Evaluation Scale: 1-5:
Business Plans will be evaluated on the following criteria with points assigned on this rating scale:
0 |
= Does not meet the criteria at all or attempt to – Unacceptable. |
1 |
= Meets some criteria but unacceptable - Very poor. |
2 |
= Meets the criteria minimally – Poor. |
3 |
= Meets the criteria but does not exceed it – Adequate. |
4 |
= Meets criteria and substantially exceeds it – Good. |
5 |
= Meets criteria and demonstrates highest excellence and superiority – Excellent. |
A. Business Plan Final Presentation (Maximum 70 points)
1. |
Business Plan– Maximum points = 25, i.e., 5 points each |
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2. |
Presentation– Maximum points = 20, i.e. 5 points each |
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3. |
Promotional Video – Maximum points = 10, i.e. 5 points each |
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4. |
Prototype– Maximum points = 15, i.e. 5 points each |
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5. |
Elevator Speech– Maximum points = 5 points total |
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B. Financial and Investment Feasibility (Maximum 25 points) |
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10 points |
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10 points |
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5 points |
Comments: |
The judges can include a brief description of their observations and analysis. |