The document outlines the marking criteria for the semi-finals of the Hult Prize 2024 competition. It will evaluate teams based on their business plan (15 marks), team dynamics (10 marks), financial breakdown (15 marks), and business model (10 marks). The business plan criteria assess the problem statement, solution innovation/creativity, feasibility/scalability, and social impact. Team dynamics criteria cover collaboration, leadership, diversity of skills, and overcoming challenges. Financial breakdown criteria examine financial projections accuracy, revenue/cost assumptions, sustainability over time, and understanding of financial metrics. The business model criteria assess clarity, alignment with solution, and scalability/adaptability.
The document outlines the marking criteria for the semi-finals of the Hult Prize 2024 competition. It will evaluate teams based on their business plan (15 marks), team dynamics (10 marks), financial breakdown (15 marks), and business model (10 marks). The business plan criteria assess the problem statement, solution innovation/creativity, feasibility/scalability, and social impact. Team dynamics criteria cover collaboration, leadership, diversity of skills, and overcoming challenges. Financial breakdown criteria examine financial projections accuracy, revenue/cost assumptions, sustainability over time, and understanding of financial metrics. The business model criteria assess clarity, alignment with solution, and scalability/adaptability.
The document outlines the marking criteria for the semi-finals of the Hult Prize 2024 competition. It will evaluate teams based on their business plan (15 marks), team dynamics (10 marks), financial breakdown (15 marks), and business model (10 marks). The business plan criteria assess the problem statement, solution innovation/creativity, feasibility/scalability, and social impact. Team dynamics criteria cover collaboration, leadership, diversity of skills, and overcoming challenges. Financial breakdown criteria examine financial projections accuracy, revenue/cost assumptions, sustainability over time, and understanding of financial metrics. The business model criteria assess clarity, alignment with solution, and scalability/adaptability.
Hult Prize 2024 - Marking Criteria for Semi Finals
Impact Pitch Marking Breakdown Business Plan (15 marks):
- Clarity of the Problem Statement (4 marks)
- Innovation and Creativity in Solution (4 marks)
- Feasibility and Scalability of the Proposed Solution (4 marks)
- Impact Assessment on the Chosen SDG Goal (3 marks)
Team Dynamics (10 marks):
- Team Collaboration and Communication (3 marks)
- Demonstrated Leadership and Decision-Making (3 marks)
- Diversity of Skills and Expertise Within the Team (2 marks)
- Ability to Overcome Challenges as a Team (2 marks)
Financial Breakdown (15 marks):
- Accuracy and Thoroughness of Financial Projections (5 marks)
- Realistic Revenue and Cost Assumptions (4 marks)
- Financial Sustainability Over Time (3 marks)
- Sound Understanding of Financial Metrics and Ratios (3 marks)
LEADING A GENERATION TO LEAD THE WORLD
Marking Breakdown Business Model (10 marks):
- Clarity and Coherence of the Business Model (4 marks)
- Alignment of the Business Model with the Proposed Solution (3 marks)
- Scalability and Adaptability of the Business Model (3 marks)
This criteria provides a well-rounded evaluation, encompassing the core
elements of a business plan, effective team dynamics, a comprehensive financial breakdown, and a robust business model. Judges can assign scores based on the performance of each team in these categories, ensuring a thorough assessment of their capabilities and ideas.
LEADING A GENERATION TO LEAD THE WORLD
Hult Prize at BRAC University BRAC Business School BRAC University, 66 Mohakhali, Dhaka - 1212