IX - Evaluation Criteria

1. Judging Criteria and Scoring for Startup Challenge

 I. Semi-Finals Evaluations

 

Element

Objective

Scoring Weight

A.- Project Plan

 Technical Review

65%

Innovation

Creativity and Originality

15%

Market Opportunity

Response to Clear Market Needs

15%

Management Feasibility

Human and Technical Resources

15%

Financial Feasibility

Costs and Income Structure

15%

Overall Business Plan Presentation

Technical / Presentation Professionalism

5%

     

B.- Video, Website and Prototype

 

35%

Promotional Video

 

10%

Website

 

10%

Prototype

 

15%

Total Percent

 

100%

 

A. Business Plan Technical Review

Maximum 65 points – Maximum 5 points each section

1. Innovation

• The product/service responds to the challenge proposed

• Demonstrates improvement in the Business process

• The business idea demonstrates improvements by introducing something new/different

Subtotal Innovation – Maximum points = 15

 

2. Market Feasibility

• Demonstrates the market for the company's product/service

• Understands the market and identifies the customers

• States that the product/service will be competitive to achieve a leadership position in its market

Subtotal Market Feasibility – Maximum points = 15

3. Management Feasibility

• Integrates the resources with its development strategies

• Clearly defines the organizational structure

• Combines technology with the production process

Subtotal Management Feasibility – Maximum points = 15

4. Financial Feasibility

• States its funding strategy

• Justifies the return of investment

• Analyzes its cost structure/financial and investment forecast

Subtotal Financial Feasibility – Maximum points = 15

 

B. Video, Website and Prototype
Maximum 35 points – Maximum 5 points each section

Description

1. Promotional Video

• How effectively does the promotional video present the product / service benefits responding to the challenge proposed?

• How well does the promotional video incorporate the corporate image of the enterprise?

Subtotal– Promotional Video Maximum points = 10

2. Website

• How effective does the website inform about the product/service?

• How creatively does the website outreach the target audience?

Subtotal Website – Maximum points = 10

3. Prototype

• The prototype demonstrates the product/services features/characteristics and responds to the challenge proposed

• How well does the Team present a credible and / or functioning prototype?

• How well does the prototype demonstrate innovative design / functionality?

Subtotal Prototype - Maximum points = 15

 

1. Finals Evaluation: Judging Criteria and Scoring for Startup Challenge

 

Element

Objective

Scoring Weight

A.- Project Plan

 

70%

Business Project/Plan

Feasibility / Overall Quality

15%

Presentation

Profesionalism / Teamwork

15%

Promotional Video

Originality / Creativity

10%

Exhibition

Attractive / Attention-grabbing

10%

Prototype

Functional / Realistic

15%

Elevator Speech

Compelling / "Short and Sweet"

5%

     

B.- Financial and Investment Feasibility

Growth potential

30%

Total Percent

 

100%

 

Evaluation Scale: 1-5


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. Busines Plan - Maximum points 15, i.e. 5 points each

  • How feasible is the business idea in real market conditions
  • How well does the overall business plan present the idea and its elements
  • How well respond to the challenge

2. Presentation - Maximum points 15, i.e. 5 points each

  • How effectively and compellingly does the team present the project
  • How well does the presentation demonstrate personal teamwork and cooperation
  • How clear is the verbal presentation of the business idea and activities

3. Promotional Video - Maximum points 10, i.e. 5 points each

  • How effective does the promotional video sell the product / service
  • How well does the promotional video present an image of quality for the business

4. Exhibition– Maximum points = 10, i.e. 5 points each

  • How much attention the Team's booth attracts in the exhibition
  • How professional and creative does the Team's booth appear in the exhibition

5. Prototype– Maximum points = 15, i.e. 5 points each

  • The prototype demonstrates the product/services features/characteristics
  • How well does the Team present a credible and / or functioning prototype
  • How well does the prototype demonstrate innovative design / functionality

6. Elevator Speech– Maximum points = 5 points total

  • How well does the Elevator Speech summarize the business idea

 

 

B. Financial and Investment Feasibility (Maximum 30 points, i.e. 15 points each)

 

Demonstrates efficiency in its financial structure and forecast

15

Demonstrates an investment opportunity for the industry to support the development of the solution, project or idea

15

 

Comments: The judges can include a brief description of their observations and analysis.

 

 

2. Judging Criteria and Scoring for Eco-Challenge Awards

 I. Semi-finals (On-line)

 

Element

Objective

Scoring Weight

A) Project Plan

 Technical Review

90%

Innovation

Originality & Viability

20%

Market Feasibility

Scalability and Industry connection

20%

Management Feasibility

Human and Technical Resources

20%

Financial Feasibility

Profitability and Financial Strategy

20%

Overall Project Plan Presentation

Technical / Presentation Professionalism

10%

 

B) Website or online presence

10%

Total Percent

100%

 

Evaluation Scale: 1-5

Business Plans will be evaluated on the following criteria with points assigned from 0 to 5 following 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.

 

II. Business Plan Technical Review -Maximum 90 points

Scoring Elements

Percentage

1. Innovation

 

• The project presents a creative, affordable, feasible solution to one of the four challenges of this year’s competition

10%

• The project should bring an innovative solution (though it can be an adaptation or improvement of an existing solution)

10%

Subtotal Innovation– Maximum Percentage: 20%

 

2. Market Feasibility

 

• Provides an implementation plan for developing countries

5%

• Demonstrates how the community can take ownership of the project and maintain it in a sustainable way

10%

• Demonstrates opportunities to replicate the project in other countries or regions

5%

Subtotal Management Feasibility– Maximum Percentage: 20%

 

4. Financial and Investment Feasibility

 

• Demonstrates efficiency in its financial structure and forecast

10%

• Demonstrates an investment opportunity for the industry to support the development of the solution, project or idea

10%

Subtotal Financial Feasibility– Maximum Percentage: 20%

 

5. Overall Project Plan Presentation

 

• Visual materials to present the project (video, photos, graphs, website, etc.)

5%

• Presents all requirements in a clear and complete form

5%

Subtotal Project Plan Presentation – Maximum Percentage: 10%

 

 

B) Website or online presence

 

• How effectively does the website inform about the product/service?

5%

• How creative is the website outreach to the target audience?

5%

Subtotal Website or online presence – Maximum Percentage: 10%

 

Total Project Plan Technical Review

100%