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The second competition round is Business Model Innovation, in which contestants demonstrate their ability to design a business model with dual objectives of profitability and social impact.
Members of the labs that obtained at least 30 points on a 100-point scale are awarded this recognition.
Evaluation criteria
Startup track
Part A. Social business design
A1. Social mantra one-liner in a maximum of 15 words (10 points)
A2. Products/services
A2.1. Prototype (10 points)
A2.1. Economic values proposed to buyers (10 points)
A2.1. Social values created through the products/services(10 points)
A3. Business model
A3.1. Model overview (10 points)
A3.2. Feasibility (10 points)
A3.3. Profitability(10 points)
Part B. Business model validation
B1. Crowdfunding/crowdsourcing campaign(10 points)
B2. Lessons learned (10 points)
Part C. Story-telling
C1. Contents (6 points)
C2. Visual effect (4 points)
TOTAL SCORE 100
Established business track
Part A. Social business design
A1. Social mantra one-liner in a maximum of 15 words (10 points)
A2. Products/services
A2.1. Products/services demonstration (10 points)
A2.1. Economic values proposed to buyers (10 points)
A2.1. Social values created through the products/services(10 points)
A3. Business model
A3.1. Model overview (10 points)
A3.2. Feasibility (10 points)
A3.3. Profitability(10 points)
Part B. Business model validation
B1. Internal and external validation campaign(10 points)
B2. Lessons learned (10 points)
Part C. Story-telling
C1. Contents (6 points)
C2. Visual effect (4 points)
TOTAL SCORE 100
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