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How to Apply
- Open the Word Document link
- Fill out your project information
- Email your submission to arlo@bcit.ca
Key things to think about (Hint: judging criteria):
- Unique
- Clearly explain how the idea is different from what is already on the market.
- Clarity/Comprehensive
- No confusion and guess work from the judges.
- The students have clearly identified the idea, the market, business case, technology needed, next steps to commercialize and have anchored it in fact.
- Pitch
- How strong and persuasive your written and oral (if you make the second round) presentation is.
- How well you sell us your idea and vision.
- Market potential
- Have an understanding of the market the idea is targeted for.
- Estimates (sourced) about the size, demographic of the market.
- Understands what the need is of the target market.
- Business model/financial viability
- Explained elements of their business model.
- Effort into understanding the costs associated with their idea.
- Development Planning
- Listed out and explained what is needed to move the idea closer to commercialization.