Judging
From 2012e.igem.org
At the Entrepreneurship Jamboree, each team will present and give an elevator pitch and then present their business plan. They may show their video elevator pitches or present a live one. Total time for pitches and elevator pitches is up to 20 minutes. That will be followed by 5 min of Q&A.
Five judges with experience as entrepreneurs or investors will evaluate all the teams on their presentation and specific aspects of their business plan. Some of the aspects that they will rate teams on will include:
- The problem or opportunity being addressed.
- Details of the solution being proposed.
- The competitive landscape.
- Skillsets of the founding team and early employees and collaborators required.
- Information about the team.
- The team's competitive advantage.
- Proposed milestones.
- Business model.
- Funding requirements tied to milestones.
- Potential Risks.
- Actions suggested to mitigate risks.
- Attribution of work to team members, advisors, and others.
- If seeking investment, exit scenarios and appropropriately discounted yield calculations.
- The problem or opportunity being addressed.
- Details of the solution being proposed.
- Comparison of alternative solutions.
- Stakeholder maps and actions required to reach them.
- Proposed milestones.
- Potential Risks.
- Actions suggested to mitigate risks.
- Attribution of work to team members, advisors, and others.