Evaluation of Proposals
How proposals are evaluated
IZMIR NIC Technical Assistance
Last Update 2 年前
Evaluation of proposals in Accelerate İzmir Calls
- Once you have submitted your application, it will enter the 2-stage evaluation process.
- Firstly, the Accelerate Izmir Call-Application Form, pitch deck, CVs and video will be evaluated by three independent evaluators; two will look at the business aspects of the application, and one will look at the technical aspects.
- Your application will be scored on the following factors, weighed as shown:
| Factor | Description and Scoring | Weight |
|---|---|---|
| Team | Track record, experience, competencies, complementarity, previous collaboration among team members | 20% |
| Commercial & Global Growth potential | Product/Market Fit, Customer Segment Definition, Marketing Plan, Business Model, Growth potential | 20% |
| Technical quality, R&D, Innovation | Technical Feasibility, Solid functionality, Technological Innovation, Valorisation of previous research results, Understanding of technical risks | 20% |
| Institutional & Financial Capacity | Realistic financial projections, own financial and other commitment (such as granted loans or funds or credits or any capital contribution or any potential investment etc), other sources of funding, stage of maturity on legal and organisational matters | 10% |
| Intellectual property | Understanding of IP issues: patent, trade mark and/or copyright. Understanding of freedom-to-operate, patentability of solutions, or plans for patent application. | 10% |
| Presentation skills | Confidence, knowledge of the topic, ability to convince audience, sales skills, “chemistry” of the team | 10% |
| Commitment - ability to execute | Availability, full-time commitment on the company, hands-on approach, well defined roles and responsibilities, relevance of plan | 10% |
- After all applications are evaluated, they will be ranked based on the scores from the evaluators.
- Up to 60 applicants will then be invited to an interview where you will be asked to use the Pitch Deck to present your business, and then answer questions from the interviewers.
- The interviewers will be the same people who did the initial evaluation and the Izmir NIC team will be observers.
- Following the interview, the evaluators will update the scores, if necessary, and a final ranking will be created.
- The top 32 applications will be invited to join Accelerate Izmir, and sign the Izmir NIC Project Support Agreement (İzmir NIC Projesi Destek Hizmetleri Sözleşmesi) to participate, that outlines what you can expect from the programme and what commitment we expect from you.
Coach Assignment
Assuming you are successful, the next step will be to assign a Coach to support you throughout the duration of the programme. The process can be seen in the diagram below.
- As the first step of the coaching process we will propose a Coach to work with you. If you accept them, we will contact the Coach with details of your application.
- If the Coach agrees that they can help you, we will organise an initial introductory call between you both
- Once all companies have been assigned Coaches, we will organise a 1-day On-boarding Workshop. You can see an indicative agenda below.
- During the morning session, coaches and companies will be separated and briefed on what support will be given and what is expected of both parties.
- During the afternoon, coaches and companies will meet for a 4-hour initial coaching session, where the start of the Commercialisation Roadmap will be created.
| Time | Activity |
|---|---|
| 09:30 | Registration and Coffee |
| 10:00 | Coach Briefing || Startup /SME Briefing |
| 12:00 | Lunch and informal networking |
| 13:00 | One-to-one Initial Meetings between Coach and Startups / Initial work on Commercialisation Roadmap |
| 17:00 | Wrap-up |
• During the morning session, Coaches and companies will be separated and briefed on what support will be given and what is expected of both parties
• During the afternoon, Coaches and companies will meet for a 4-hour initial coaching session, where the start of the Commercialisation Roadmap will be created.