Selection process

The online profile of all applicants will be send for screening to one of the Advisory Board Members as well as at least two Expert reviewers.

The selection process will be based on the following criteria:

• Business potential - The potential market of customers for the presented product is attractive and the model is strong

• Team Experience- Company team ha sskills and experience to grow the business and is able/ willing to work with industry and 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 and 10=maximum