Criteria Parameters Score Comment
Originality * The product design is far from being obsolete in the near future
* The solution is unique to the sector or target audience OR
* The solution is different & effective against existing alternatives
Questions from application:
  • Are there already existing offering in the market similar to your solution?
  • If yes, elaborate on how your solution has better outcomes. If no, then explain how your solution is unique and pioneering. (Ensure that you are highlighting how your solution is innovative)
  • Do you hold any intellectual property rights over the solution ? If yes , please provide details of the intellectual property rights of the solution . Please upload any evidence of intellectual property rights held, if any.
Effectiveness (Readiness of the solution) * The solution is not complex and easy to adopt
* Have clearly identified the key risks
* Have planned action items on mitigating the impact of the risks identified
* It is highly compatible with existing practices
* It is able to effectively address the problem identified
* The proposed improvements are feasible in nature
* Significant impact can be achieved from the proposed improvements
Questions from application:
  • List three successes//turnarounds you have had in getting the solution to this stage.
  • List three failures/challenges you have faced in getting the solution to this stage (if any)? Elaborate on what helped you overcome these challenges
  • Does your solution require support from external stakeholders like Govt., Institutions etc. If yes, who are they and elaborate on how do you intend to ensure that support?
  • What are the main risks to your solution?
  • How would you minimise the impact of these risks?
Criticality * This solution solves a social issue currently affecting the population
* The need for this solution exisits in the market
* There is clear identification of the target audience for the solutions offered.
Questions from application:
  • What is the approximate number of people in India affected by the problem you are trying to solve?
  • Please provide the primary profile of the segment your solution is positively impacting (e.g. demographic, geographic, socio-economic profile)

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