{"id":103,"date":"2023-02-17T05:18:06","date_gmt":"2023-02-17T05:18:06","guid":{"rendered":"https:\/\/ticamericas.net\/cic\/?page_id=103"},"modified":"2023-02-17T05:44:27","modified_gmt":"2023-02-17T05:44:27","slug":"judging-criteria-and-scoring","status":"publish","type":"page","link":"https:\/\/ticamericas.net\/cic\/rules\/judging-criteria-and-scoring\/","title":{"rendered":"Judging Criteria and Scoring"},"content":{"rendered":"\t\t
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Semifinals Evaluation<\/h3>

Element<\/strong><\/p><\/td>

Objective<\/strong><\/p><\/td>

Scoring Weight<\/strong><\/p><\/td><\/tr>

A.- Project Plan Technical Review<\/strong><\/p><\/td>

\u00a0<\/p><\/td>

65%<\/strong><\/p><\/td><\/tr>

1. Innovation<\/p><\/td>

Creativity and Originality<\/p><\/td>

15%<\/p><\/td><\/tr>

2.- Market Feasibility<\/p><\/td>

Response to Clear Market Needs<\/p><\/td>

15%<\/p><\/td><\/tr>

3.- Management Feasibility<\/p><\/td>

Human and Technical Resources<\/p><\/td>

15%<\/p><\/td><\/tr>

4.- Financial Feasibility<\/p><\/td>

Start up and Sustainability<\/p><\/td>

15%<\/p><\/td><\/tr>

5.- Overall Business Plan Presentation<\/p><\/td>

Technical \/ Presentation Professionalism<\/p><\/td>

5%<\/p><\/td><\/tr>

\u00a0<\/p><\/td>

\u00a0<\/p><\/td>

\u00a0<\/p><\/td><\/tr>

B.- Promotion tools and Prototype<\/strong><\/p><\/td>

\u00a0<\/p><\/td>

35%<\/strong><\/p><\/td><\/tr>

1.- Graphical presentation OR video<\/p><\/td>

\u00a0<\/p><\/td>

10%<\/p><\/td><\/tr>

2.- Facebook group\/page or Blog<\/p><\/td>

\u00a0<\/p><\/td>

10%<\/p><\/td><\/tr>

3.- Prototype<\/p><\/td>

\u00a0<\/p><\/td>

15%<\/p><\/td><\/tr>

Total Percent<\/strong><\/p><\/td>

\u00a0<\/p><\/td>

100%<\/strong><\/p><\/td><\/tr><\/tbody><\/table>


Evaluation Scale:<\/strong>\u00a01-5\u00a0
Project Plans will be evaluated on the following criteria with points assigned on this rating scale:\u00a0<\/p>

0 = Does not meet the criteria at all or attempt to \u2013 Unacceptable<\/strong>.<\/p><\/td><\/tr>

1 = Meets some criteria but unacceptable – Very poor<\/strong>.<\/p><\/td><\/tr>

2 = Meets the criteria minimally \u2013 Poor<\/strong>.<\/p><\/td><\/tr>

3 = Meets the criteria but does not exceed it \u2013 Adequate<\/strong>.<\/p><\/td><\/tr>

4 = Meets criteria and substantially exceeds it \u2013 Good<\/strong>.<\/p><\/td><\/tr>

5 = Meets criteria and demonstrates highest excellence and superiority \u2013 Excellent<\/strong>.<\/p><\/td><\/tr><\/tbody><\/table>



A. Business Plan Technical Review<\/strong>
Maximum 65 points \u2013 Maximum 5 points each section\u00a0<\/p>

1.- Innovation<\/strong><\/p><\/td><\/tr>

\u2022 The product\/service responds to the challenge proposed<\/p><\/td><\/tr>

\u2022 Demonstrates improvement in the Business process<\/p><\/td><\/tr>

\u2022 The business idea demonstrates improvements by introducing something new\/different<\/p><\/td><\/tr>

Subtotal Innovation<\/strong>\u00a0\u2013 Maximum points =\u00a015<\/strong><\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

2.- Market Feasibility<\/strong><\/p><\/td><\/tr>

\u2022 Demonstrates the market for the company’s product\/service<\/p><\/td><\/tr>

\u2022 Understands the market and identifies the customers<\/p><\/td><\/tr>

\u2022 States that the product\/service will be competitive to achieve a leadership position in its market<\/p><\/td><\/tr>

Subtotal Market Feasibility<\/strong>\u00a0\u2013 Maximum points =\u00a015<\/strong><\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

3.- Management Feasibility<\/strong><\/p><\/td><\/tr>

\u2022 Integrates the resources with its development strategies<\/p><\/td><\/tr>

\u2022 Clearly defines the organizational structure<\/p><\/td><\/tr>

\u2022 Combines technology with the production process<\/p><\/td><\/tr>

Subtotal Management Feasibility<\/strong>\u00a0\u2013 Maximum points =\u00a015<\/strong><\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

4.- Financial Feasibility<\/strong><\/p><\/td><\/tr>

\u2022 States its funding strategy<\/p><\/td><\/tr>

\u2022 Justifies the return of investment<\/p><\/td><\/tr>

\u2022 Analyzes its cost structure\/financial and investment forecast<\/p><\/td><\/tr>

Subtotal Financial Feasibility<\/strong>\u00a0\u2013 Maximum points =\u00a015<\/strong><\/p><\/td><\/tr>

5.- Overall Business Presentation<\/strong><\/p><\/td><\/tr>

\u2022 Visual materials to present the project (video, photos, graphs, website, etc.)<\/p><\/td><\/tr>

\u2022 Presents all requirements in a clear and complete form<\/p><\/td><\/tr>

Subtotal Overall Business Presentation<\/strong>\u00a0\u2013 Maximum points =\u00a055<\/strong><\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr><\/tbody><\/table>

\u00a0<\/p>

B Video, Website and Prototype<\/strong>
Maximum 35 points \u2013 Maximum 5 points each section<\/em>\u00a0<\/strong><\/p>

Description<\/strong><\/p><\/td><\/tr>

1. Promotional Video<\/strong><\/p><\/td><\/tr>

\u2022 How effectively does the promotional video present the product \/ service benefits responding to the challenge proposed?<\/p><\/td><\/tr>

\u2022 How well does the promotional video incorporate the corporate image of the business?<\/p><\/td><\/tr>

Subtotal<\/strong>\u2013 Promotion Maximum points = 10<\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

2. Website or online presence<\/strong><\/p><\/td><\/tr>

\u2022 How effective does the website inform about the product\/service?<\/p><\/td><\/tr>

\u2022 How creatively does the website outreach the target audience?<\/p><\/td><\/tr>

Subtotal Website or online presence\u00a0 = 10<\/strong><\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

3. Prototype<\/strong><\/p><\/td><\/tr>

\u2022 The prototype demonstrates the product\/services features\/characteristics and responds to the challenge proposed<\/p><\/td><\/tr>

\u2022 How well does the Team present a credible and \/ or functioning prototype?<\/p><\/td><\/tr>

\u2022 How well does the prototype demonstrate innovative design \/ functionality?<\/p><\/td><\/tr>

Subtotal Prototype<\/strong>\u00a0– Maximum points\u00a0= 15<\/strong><\/p><\/td><\/tr><\/tbody><\/table>

\u00a0<\/strong><\/p>

Evaluation for the Finals<\/h3>

\u00a0<\/strong><\/p>

Element<\/strong><\/p><\/td>

Objective<\/strong><\/p><\/td>

Scoring weights<\/strong><\/p><\/td><\/tr>

Team Presentation<\/strong><\/p><\/td>

\u00a0<\/p><\/td>

\u00a0<\/p><\/td><\/tr>

1.- Business Project<\/p><\/td>

Feasibility\/ Overall Quality<\/p><\/td>

25%<\/strong><\/p><\/td><\/tr>

2.- Presentation<\/p><\/td>

Professionalism \/ Teamwork<\/p><\/td>

15%<\/strong><\/p><\/td><\/tr>

3.- Promotional video<\/p><\/td>

Originality \/ Creativity<\/p><\/td>

10%<\/strong><\/p><\/td><\/tr>

4.- Prototype<\/p><\/td>

Functional \/ Realistic<\/p><\/td>

15%<\/strong><\/p><\/td><\/tr>

5.- Elevator Speech<\/p><\/td>

Compelling \/ “Short and Sweet”<\/p><\/td>

5%<\/strong><\/p><\/td><\/tr>

Total Percent<\/strong><\/p><\/td>

\u00a0<\/p><\/td>

100%<\/strong><\/p><\/td><\/tr><\/tbody><\/table>


Evaluation Scale:<\/strong>\u00a01-5:\u00a0
Project Plans will be evaluated on the following criteria with points assigned on this rating scale:\u00a0<\/p>

0 = Does not meet the criteria at all or attempt to \u2013 Unacceptable<\/strong>.<\/p><\/td><\/tr>

1 = Meets some criteria but unacceptable – Very poor<\/strong>.<\/p><\/td><\/tr>

2 = Meets the criteria minimally \u2013 Poor<\/strong>.<\/p><\/td><\/tr>

3 = Meets the criteria but does not exceed it \u2013 Adequate<\/strong>.<\/p><\/td><\/tr>

4 = Meets criteria and substantially exceeds it \u2013 Good<\/strong>.<\/p><\/td><\/tr>

5 = Meets criteria and demonstrates highest excellence and superiority \u2013 Excellent<\/strong>.<\/p><\/td><\/tr><\/tbody><\/table>


A. Project Plan Final Presentation (Maximum 70 points)<\/strong><\/p>

1.- Business Project \u2010 Maximum points = 25, i.e. 5 points each<\/strong><\/p><\/td><\/tr>

How feasible is the business idea in real market conditions?<\/p><\/td><\/tr>

How well does the overall business plan present the idea and its elements?<\/p><\/td><\/tr>

How well does the idea respond to the challenge?<\/p><\/td><\/tr>

How clear is the scalability strategy?<\/p><\/td><\/tr>

How well is the risk management\/mitigation explained?<\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

2.- Presentation\u2013 Maximum points = 15, i.e. 5 points each<\/strong><\/p><\/td><\/tr>

How effectively and compellingly does the team present the project?<\/p><\/td><\/tr>

How well does the presentation demonstrate personal teamwork and cooperation?<\/p><\/td><\/tr>

How clear is the verbal presentation of the business idea and activities?<\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

3.- Promotional video \u2013 Maximum points = 10, i.e. 5 points each<\/strong><\/p><\/td><\/tr>

How effective does the promotional video sell the product \/ service<\/p><\/td><\/tr>

How well does the promotional video present an image of quality for the business<\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

4.- Prototype \u2013 Maximum points = 15, i.e. 5 points each<\/strong><\/p><\/td><\/tr>

The prototype demonstrates the product\/services features\/characteristics.<\/p><\/td><\/tr>

How well does the Team present a credible and \/ or functioning prototype?<\/p><\/td><\/tr>

How well does the prototype demonstrate innovative design \/ functionality?<\/p><\/td><\/tr>

Overall Prototype evaluation<\/p><\/td><\/tr>

\u00a0<\/p><\/td><\/tr>

5.- Elevator Speech \u2013 Maximum points = 5 points total<\/strong><\/p><\/td><\/tr>

How well does the Elevator Speech summarizes the business idea<\/p><\/td><\/tr><\/tbody><\/table>


B. Financial and Investment Feasibility (Maximum 30 points, i.e. 10 points each)<\/strong><\/p>

Demonstrates efficiency in its financial structure and forecast<\/p><\/td><\/tr>

Demonstrates an investment opportunity for the industry to support the development of the solution, project, or idea<\/p><\/td><\/tr>

Explains well the Return of Investment opportunity<\/p><\/td><\/tr><\/tbody><\/table>

Comments:<\/strong><\/p>

The judges as well can include a brief description of their observations and analysis.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Semifinals Evaluation Element Objective Scoring Weight A.- Project Plan Technical Review \u00a0 65% 1. Innovation Creativity and Originality 15% 2.- Market Feasibility Response to Clear Market Needs 15% 3.- Management Feasibility Human and Technical Resources 15% 4.- Financial Feasibility Start up and Sustainability 15% 5.- Overall Business Plan Presentation Technical \/ Presentation Professionalism 5% \u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":59,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-103","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/pages\/103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/comments?post=103"}],"version-history":[{"count":4,"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/pages\/103\/revisions"}],"predecessor-version":[{"id":158,"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/pages\/103\/revisions\/158"}],"up":[{"embeddable":true,"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/pages\/59"}],"wp:attachment":[{"href":"https:\/\/ticamericas.net\/cic\/wp-json\/wp\/v2\/media?parent=103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}