A panel of experts comprising academia, industry, business and investment groups will evaluate the proposals on the following criteria.

Is the business technically feasible?

Quality of product(s) and/or solution(s)

Market opportunities and competition

New concepts and innovativeness of the proposal

Market potentia

Areas of application of the proposed business

Potential of the proposal to improve and impact the quality of life

Most elegant design for a challenging problem

Overall attractiveness of the plan with financial feasibility and its applicability