Selection Process

The online profile of all applicants will be sent for screening by the selection committee.
 
Based on the result of the selection, 12 companies are selected to participate in the Fast-Track Funding Kick Off Meeting and the programme itself. These 12 companies also qualify for two Venture Events (one of which is the European Venture Summit on 28 & 29 November 2011).
 
The selection process will be based on the following categories: 
 

  • Business potential - The potential market of customers for the presented product is attractive and the business model is strong
     
  • Team experience - Company team has skills and experience to grow the business and is able/willing to work with industry & research
     
  • Product / Technology merit - Technology or product solutions developed are state-of-the-art and well advanced compared to the competitors
     
  • Competitive position - The intellectual property of the company and its competences and strategic relations are outstanding
     
  • Investment or partnering interest - The demand/offer to invest in or partner with the company is well defined and potentially attractive for partners
     
  • Project profile quality - Information available from company profile sheet is complete, clear, balanced and convincing 
     
    The rating system will be from 0 = minimum to 10 = maximum.

To apply as a Presenting Company please click here