| 1 |
Venture Conceptualization & Business model development |
Innovation/Novelty of Concept
Internal Team Capability - personal/professional references, education & qualifications & work experience
|
| 2 |
Technology/Product development |
All the above & in addition
Product IP
Market Potential
Business Model Potential
|
| 3 |
Market testing/Product refinement |
All the above & in addition
Product development progress
Market validation of product & business model
|
| 4 |
Market Entry - Product/business model validation |
All the above & in addition
Initial traction
Pilot clients
Investor feedback
|
| 5 |
Scaling up/Fund raising |
All of above & in addition
Revenue Generation
User Feedback / Traction |
