The concept will be assessed on the scale of 1-10 based on its uniqueness of the concept/idea, suitability of addressing the concept and the problem statement, attractiveness of the solution, value proposition and plan to scale up the technology.
| Category | Sub category | Weightage |
|---|---|---|
| Assessing potential of idea and product features | Uniqueness of the concept/idea | 20% |
| Whether the concept addresses the problem statement suitably | 15% | |
| Attractiveness of the solution | 25% | |
| Value Proposition | 20% | |
| Plan to scale up technology | 20% | |
Evaluation Criteria level - II | ||
| Technical Evaluation Criteria | Solution offered to problem statement Novelty / Uniqueness | 15% |
| Value proposition | 20% | |
| Plan to scale up technology/ Go to market strategy | 15% | |
| Team composition and involvement | 15% | |
| Risk factors/ Challenges and Strategy to overcome | 15% | |
| Plan and presentation | 20% | |
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