Selection Process

 

Company Profiles of all applicants were screened by one Advisory Board Member as well as at least two Expert Reviewers.

The selection process was based on the following criterea: 
 

1. Business Potential

The potential market of customers for the presented product is attractive and the business model is strong. 

2. Team Experience

Company team has skills and experience to grow the business and is able/willing to work with industry & research.

3. Product/Technology Merit

Technology or product solutions developed are state-of-the-art and well advanced compared to the competitors.

4. Competitive Position

The company is well positioned in the market in comparison with its competitors. 

5. Investment/Partnering Interest

The demand/offer to invest in or partner with the company is well defined and potentially attractive for partners.

6. Project Profile Quality

Information available from the company profile sheet is complete, clear, balanced and convincing.

 

The following rating system was used: from 0 = minimum to 10 = maximum.