Teams should clearly show how their business idea is innovative and different from what is currently available in the market. Does the business affect different customers, businesses regions, and sectors?
Has the team conducted proper research such as strictly identifying proper market fit? Does the team have the right skills and support to build and gain traction in the market place?
Has the team actually tested their business to see if the business is viable? Did the team make any prior sales, add clientele or bring in revenue? Has the team clearly explained next steps moving forward? What will the funding be used towards?
Did the team successfully and compellingly explain how their idea will solve a problem and/or need? Prepare a 4-5 minute presentation with a slide deck.