Completed the second round – Business Model Innovation

BMI completion

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

People who have earned this: