The program evaluates applications based on several key criteria to ensure a comprehensive assessment. Some of these criteria include:
Tech-Enabled Solutions: We look for ventures that are developing proprietary technology intended to transform their industry/sector in which this technology is their primary source of revenue. These startups are young, innovative businesses with strong growth potential that is of interest to investors.
Revenue Model: We assess the viability and sustainability of the business by examining the revenue model, however, pre-revenue startups are welcome to apply.
Business Age: The age of the business is a factor in our evaluation. While we welcome applications from early-age startups to more established scale-ups, this criterion helps us tailor our support to specific business needs at different stages.
Number of Employees (global full-time): The size of the team is considered to gauge the company's capacity, talent, and potential for scalability. Whether you're a lean startup or a growing enterprise, we aim to support ventures with diverse team structures. Startups with zero global full-time employees may apply.
These are just some of the criteria that collectively contributes to a holistic evaluation process, allowing us to identify promising ventures that align with our program's objectives and offer them meaningful support.