SELECTION CRITERIA
For the three (3) elimination rounds – long listing, short listing, and final presentations – the following criteria will be used by judges at each round to eliminate contestants until five (5) winners are awarded Php 100,000 each.
1. Overall Concept (20%)
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originality |
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feasibility (can be done) |
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implementation plan and timetable |
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success measures |
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likelihood of achieving demonstrable results |
2. Community Impact (20%)
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reach, depth and quality of impact (to what degree does the offered solution help solve the identified problem?) |
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impact measures |
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relevance to the community being served |
3. Sustainability (15%)
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potential for project partnerships and to receive additional funding |
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feasibility of the venture's financial model and goals |
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potential for growth or replication (scalability) |
4. Risk Assessment and Contingency Plans (15%)
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identification of risk factors associated with the venture |
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assessment of the external environment |
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competitive analysis, SWOT (strengths, weaknesses, opportunities and threats) analysis |
5. Market (10%)
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evidence of demand in the marketplace |
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assessment of market size and growth opportunity |
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demonstrated knowledge of target market |
4. Management Team (5%)
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leadership potential – ability to achieve results and promote change through working with people |
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strength of the project team, including evidence of previous training or experience in management, leadership, sales and marketing, technology and/or other industry-specific skills |
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previous work experience, where appropriate |
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