Scoring legend for each selection criteria
Criteria
Explanation
3
2
Good team but
Team
What is the quality of the
Experienced strong
management team?
management team
lacks experience
or unfil ed gaps
Strong registered IP
IP
What is the strength of the IP
IP assets under
assets?
assets and clear IP
strategy
application
Does the product have a clear
Clear USP but
Competitive position
USP (e.g. Patented technology, USP is clear, sustainable
strategic partnerships, existing
and protectable
limited
customers, first-mover, network)?
sustainability
Proven,
Product Status
What is the product development
status?
Commercialised product
developed
product
Business model
Is there a clear business model?
Clear, proven business Business model
model
is being rolled-out
Large globally accessible >1 Geographical
Market potential
What is the market potential?
markets / multiple
area or market
applications
segment
Strong financial
Financial situation of the What is the financial stability of the
support, heading
company
company?
Profitable company
towards
profitability
Team are hungry for
Team are open to
Commitment to
Is the company open and
support and wil ing to
support but
programme
supportive of assistance?
commit necessary
limited resource
resource
commitment
Wil enable the
Programme impact
How much difference wil Hatch’s Could revolutionise the
support make?
company and its business company to go to
the next level
under the Official Information Act 1982
Released
Scoring
1
0
Blank
Team in place
but
Dedicated team is
inexperienced or
not in place
significant gaps
IP assets under No clear IP assets
development
or IP strategy
Some
advantages but
competing
No clear USP
offerings
Product is tested
but unproven in Product is stil under
the field
development
Not enough
Clear business
information available
model but
Business model
to give a score
unproven
under development
Limited
applications but
Niche or single
significant size market applications
>6 months
runway
<6 months runway
Individual
champion but No clear champion
some scepticism or desire for support
on need for help
Builds on
Limited impact on
current activities
success of the
company
under the Official Information Act 1982
Released
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