Assessment Criteria & Process

 


Assessment Criteria

  • Innovation & Creativity (30 points)
  • Business Model, Commercial and Technical Feasibility (30 points)
  • Applicant's Background / Relevant Strength (25 points)
  • Social / Community Impact (15 points)

TOTAL: 100 points

Remark: Bonus Points will be awarded to applications using PolyU's knowledge, innovations and technologies.


Application Process

Applicants should complete the application form which can be downloaded HERE.

The completed application form should be submitted to: micro.fund@polyu.edu.hk on or before the application deadline stipulated below.

  • Initial screening by internal panel
  • 3-minute elevator pitching by eligible teams to an internal panel *
  • Shortlisted applicants to attend the PolyU Lean Launchpad training programme
  • Submission of business plan with pitch deck (optional) for internal assessment
  • Revival match
  • Due diligence exercise
  • Final assessment: finalists to deliver presentation to an independent assessment committee

* Selected teams will be invited to deliver a 3-minute elevator pitching to internal assessors.

 

Downloads:


Application Deadline

1:00pm, 21 November 2016 (Monday)

 

Results Announcement

Awarded proposals will be announced in April 2017


Timetable

Date Topic

9 September 2016 – 21 November 2016

Open for Application
4-6 November 2016

Entrepreneurial Bootcamp 2017
(PolyU Lean Launchpad Training Programme - Stage 1)

21 November 2016 (1:00pm) Application Deadline
November 2016 Initial Screening of Eligibility
1-3 December 2016 Elevator Pitching by Selected Teams
December 2016 Announcement of Shortlisted Applicants
December 2016 - January 2017

PolyU Lean Launchpad Training Programme - Stage 2

23 January 2017 Submission of Business Plan with Pitch Deck (optional)
February 2017 Internal Assessment of Business Plan
Late February 2017 Announcement of Top 30 Finalists
11 March 2017 Revival Match
March 2017 Announcement of All Finalists
March - April 2017 Due Diligence Exercise
March - April 2017 PolyU Lean Launchpad Training Programme - Stage 3
April 2017 Final Presentation & Assessment
April 2017 Announcement of Awardees

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