Do you know the criteria for knowing how innovative a startup is?

Judging Criteria Glossary – View facts about Platts and our responses to regulatory consultations and media reports.

Realistic Criteria for Judging New Ventures

The notion of starting a business can be quite alluring, conjuring up images of independence, glory, fame, and riches. Such emotionally uplifting images make it quite easy to be overly optimistic or even totally unrealistic in assessing markets, products, profits, and other aspects of a new venture. This article is not meant to discourage budding (…)


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As simple as this principle seems to be, someone invariably comes along trying to sell last year’s pet rock and then wonders why it seems so difficult. If the entrepreneur is going to attempt business’s version of surfboarding, then he or she had better be up on the wave and not a little behind it.

Too Simple a Product

Such a business frequently starts as an effort by the entrepreneur to “buy” a job. More often than not, the entrepreneur uses his or her own money to start the venture. How rational is this approach? It depends on the size of the salary from the job that is bought. If all the future owner gets out of the business is a salary comparable to what he or she could earn in an alternative situation, then an “opportunity cost” may be involved in terms of what the investment could return if placed in another business or investment medium.

Judging Criteria

Please note judging is based on the application form and the judges’ industry knowledge of the tools. They are a highly experienced judging panel with in-depth industry knowledge so the tool log ins requested are for any judges who feel that want to delve deeper into any claims / functionality detailed in the entry.

  • Judging Criteria
  • Company of the Year Awards Criteria
  • Application of Tech / Best Use of Data Criteria
  • APPLICATION OF TECH / BEST USE OF DATA / APP OF THE YEAR CRITERIA
  • Best Use of Innovation Criteria
  • Tech Deal of the Year Criteria
  • Technology for Good / Transformation Through Technology Award Criteria
  • Tech Accelerator Award Criteria
  • Company / Agency / Individual Awards Criteria
  • Confidentiality

1 JULY

All material will remain confidential to the judges. All judging discussions are confidential and will not be shared or discussed with anyone outside of the judging panel ahead of the ceremony or thereafter. Judges will not share confidential material, judging papers or entries with anyone. Judges will securely delete all judging materials immediately after the judging period or give materials to The Awards Team who will manage this. Judges can only access entries that they have been provided to score.

Judging

Judging information for the Penn State Idea Pitch Competition.

Knowing for that Idea Pitch Competition will be performed through two models. All ideas posted before September 28, 2015 is going to be judged within the initial round. Knowing within the initial round will be performed with the independent assessment with a minimum of two individuals in the following groups”

Market

Of the initial round of ideas, the top four will be selected for the second and final round of judging and will be eligible for cash prizes and potential investment opportunities. Representatives from the selected teams will be expected to present their presentation live to an audience of students, faculty and staff from Penn State University as well as other members of Pennsylvania’s VC community. Select members of the Penn State and Pennsylvania entrepreneurship communities will judge the final round.

How to judge an innovation

Update: George Hacks is being held again this year, January 26-27, 2022. I’ll serve as a judge once again and I can’t wait to see what students come up with! George Hacks is a medical a…

Now we’re searching in the knowing criteria, wishing to infuse your competition using the concepts of affordability in addition to effectiveness. Since competitors is only going to possess a weekend, idol judges won’t search for the polish of the end product but instead the seed of the potentially transformative break through or approach.


Video advice: Startups and Innovation selection criteria

Interview this Pia Dorfinger, Project Director Start-ups and Innovation at Deutsche Energie-Agentur (Dena), German Energy Agency.


Reader Interactions

George Hacks is a medical and assistive device hackathon happening this weekend in Washington, DC. The students organizing the event have done a stellar job recruiting sponsors, “need-knowers” (organizations looking for fresh perspectives) and “problem-solvers” (students from all sorts of majors, from public health to international relations to biomedical engineering). I’ve been advising the team and helping to recruit judges, who include leaders in biomedical 3D printing, health care product design, and the national maker movement (just to name a few fields represented in the group).

IDEAS Social Innovation Challenge

Innovation: We define innovation as a transformative solution to a complex community problem or issue. Your innovation can be a product, a process, a technology, a market-based solution, or a service that is either entirely new or is being used in a novel and beneficial way. Innovation creates value and new opportunities for the community and offers benefits that are an improvement on previous efforts. Tell us what other solutions have been tried and how your project differs from these.

Idol judges will read and pre-score all entry forms, thinking about any supporting materials posted. Idol judges is going to be requested to provide a score for every question inside the entry form, as indexed by the summary sentences below. These can be combined to provide a general score for every entry. All idol judges pre-scores will be combined and… Find Out More.

Judges will be looking for clear company objectives, creative and effective implementation and tangible and demonstrable results in these categories. Judges are looking for a company who show exceptional commitment to delivering the very best in their sector, demonstrate best practice and show an innovative and creative approach to the work they deliver.

  1. TECH DEAL OF THE YEAR CRITERIA
  2. TECHNOLOGY FOR GOOD / TRANSFORMATION THROUGH TECHNOLOGY AWARD CRITERIA
  3. TECH ACCELERATOR AWARD CRITERIA
  4. COMPANY / AGENCY / INDIVIDUAL AWARDS CRITERIA

SVC Rules & Judging Criteria

Our Fellows Eligibility and Judging Criteria The Resolution Social Venture Challenge is a competition for a Resolution Fellowship. A Resolution Fellowship provides a full ecosystem for a new social entrepreneur and a pathway to creating positive impact today. This includes seed funding to launch the venture proposed for the SVC, along with ongoing mentorship, robust … SVC Rules & Judging Criteria.

Eligibility and Knowing CriteriaThe Resolution Social Venture Challenge is really a competition for any Resolution Fellowship. An Answer Fellowship supplies a full ecosystem for any new social entrepreneur along with a path to making positive impact today. Including seed funding to produce the venture suggested for that SVC, together with ongoing mentorship, robust support, accessibility Resolution network, and membership inside a community that’s dedicated to action. All decisions concerning the Fellowship is going to be produced by The Resolution Project in the sole discretion. The amount of support and/or funding is going to be determined by The Resolution Project’s sources and talents, and will be provided on the discretionary basis. Each team receives one grant and venture-specific guidance, but each Fellow also receives individualized mentorship and support. Eligibility for any Resolution Fellowship:You’ve got to be a present undergraduate student attending college or college. To become qualified for any Resolution Fellowship, you have to be enrolled being an undergraduate student and never yet have obtained an undergraduate degree.


Video advice: A New Way to Think About Startup Innovation

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[FAQ]

What makes a startup innovative?

"A startup that creates a sustainable competitive advantage is truly innovative in every sense of the word. Launching a business that provides value in the present is tough enough, but the ability to carve out a niche in the future shows true innovation.

How do you assess a startup?

Top 5 Things VCs Evaluate Before Funding Early-stage Startups

  1. Talent: Does your team have the necessary technical skills to be successful?
  2. Experience: Where did your team come from?
  3. Passion: Does your team have the gumption to persevere through highs and lows?
  4. Adaptability: If necessary, is your team ready to pivot?

Jun 5, 2018.

How do you judge a startup pitch?

Here are five points that the judges—professionals and proven investors, carefully chosen for this purpose—will be evaluating during the pitch competition.

  1. tEaM. In the early stages, investors invest in people. ...
  2. Market Validation. ...
  3. Product. ...
  4. Business Model. ...
  5. Soft skills.

What is innovation startup?

“A Startup is a team of entrepreneurial talent developing new innovations, in identifiable and investable form, in progress to validate and capture the value of the created innovation - with ambition to grow fast with scalable business model for maximum impact.”

Why is innovation important for startups?

The foremost reason why innovation is important for startups is simply that it gives them an edge over their competition and helps them become and then sustain their lead in the market. ... Hence, startups must consistently and persistently innovate to make sure that big companies do not put them out of business.

Erwin van den Burg

Stress and anxiety researcher at CHUV2014–present
Ph.D. from Radboud University NijmegenGraduated 2002
Lives in Lausanne, Switzerland2013–present

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