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Selection Criteria

Problem definition and impact with regard to the SDGs

How widespread is the problem being addressed and how crucial is it for the customers to solve the problem? Does the need exist in a big market?

Scalability of the solution

Does the SE currently adopt any useful technologies (electronic or non-electronic) or innovations that could help drive scalability and differentiation (i.e. e-commerce platforms, mobile payments solutions, innovations in supply chain and distribution, etc) in order to increase its impact? Does the SE possess the ability to bring their innovations to scale in order to quickly solve development problems, especially those related to the SDGs?

Quality of the team

Does the startup have topnotch technical and management team able to grow and scale the startup? Does the founder possess deep insights and understanding of the core problem being addressed and proven ability to execute? Does the SE’s leadership demonstrate their commitment to the enterprise’s mission? Is the leadership’s track record compelling evidence of their commitment to the SE and their mission?

Uniqueness of the solution

Does the startup offer a solution that creates benefits that were not possible before? Does the startup offer a change in cost structure and/or revenue model to create a unique advantage? Can the technology be protected and defended through intellectual property?

Financial sustainability

Does the startup have enough runway and resources to execute on their plans and vision? Will the startup be capable of raising funding within the next six to twelve months? Does the SE’s business model clearly show a path towards financial sustainability?