Criteria

First round criteria of the Draft Program

  • Experience: Compatibility of the team’s experience and/or expertise with the business idea.
  • Progress and Resources: How well has the team already advanced and how will it continue to advance the business idea with the resources they already have or can acquire?
    • For example: Time, money, equipment, partners
  • Innovativeness, Competitive Advantage, and Its Development: Does the business idea have novelty or innovation that enables a competitive advantage in the target market? Does the team have the capability to maintain this competitive advantage?
  • Preconditions for Profitable Business: Is it possible to implement the business idea profitably, and is there sufficient demand?
  • Connection to the Region: What benefits would the realization of the business idea bring to the region?
    • For example: Jobs, services, visibility, tax revenues, culture, research and development activities

Next stage criteria

  • Experience: Compatibility of the team’s experience and/or expertise with the business idea
  • Progress and Resources: How well has the team already advanced and how will it continue to advance the startup idea with the available resources (time, money, etc.)?
  • Competitive Advantage, Innovativeness, and Its Development: Does the business idea have novelty or innovation that enables a competitive advantage from the customer’s perspective in the target market? Does the team have the capability to maintain this competitive advantage?
  • Growth Potential: Does the startup have the potential to grow into a significant (international) business?
  • Connection to the Region: What benefits would supporting this business idea bring to the region?
    • For example: Jobs, services, visibility, tax revenues, culture, research and development activities