Selection process

The selection process was 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 was from 0=minimum and 10=maximum