Judges support SVIC by sharing their expertise and providing invaluable feedback to help young entrepreneurs evolve their innovative ideas into reality. Join the community that continuously propels entrepreneurship and innovation forward. Contact firstname.lastname@example.org to become an official SVIC judge today.
SVIC competitions are evaluated in two phases:
Phase One: Virtual, On-line Judging
The first phase of judging is virtual and involves assessing submissions on-line. Judges may select the option of reviewing all entries or a smaller subset. One week is allotted for judges to score entries and provide feedback. After the scores are tabulated, finalists are notified by email and invited to the SVIC Finalist Showcase to display their innovation.
Phase Two: On-site, In-person Judging
The second phase is of judging is in-person at the SVIC Finalist Showcase, an all-day event. Judges may select the option of evaluating all poster board displays or a smaller subset. After the 2-hour judging period concludes, judges deliberate for 30 minutes to select the winners.
Entries are evaluated on a scale of 1 to 5 in four different categories during online judging and five categories during Showcase judging.
1.Target Market. Are the potential end-users of this innovation (product, service, or technology) clearly defined? Did the student/team use specific examples, data, and research to demonstrate the market need and size?
2.Value and Benefits. Did the student/team clearly describe the innovation? What are the key benefits? How does it benefit the users or solve their problems?
3.Competitive Advantage and Innovativeness. What is so unique about this innovation? Does the innovation exhibits a clear advantage over other existing products, services or technologies currently or soon to be available on the market? Are the key differentiators from that of the competition clearly described? What are its strengths and weaknesses? Has the student/team thought about how to ward off copycats?
4.Feasibility and Implementation. Did the student/team use specifics to support the feasibility of the innovation? Have they identified what is needed to succeed (like skills, money, time, etc.)? How realistic or feasible is it for this innovation to become an actual product/service/technology? Can it be executed or implemented as is? Is the next iteration of an MVP possible?
5.Poster Board and Presentation.* How well does the display quickly and clearly communicate the essence of the innovation? Does it make you want to read the rest of the poster? How professional and polished is the exhibit? Is it understandable on its own without he presenter? Is it grammatically correct with no typos?