Life Sciences Business Plan Competition

Judging Criteria

Executive Summaries, Business Plans, and Presentations will be evaluated on the criteria of commercial viability, technical viability, financial viability, and management team viability:

• Commercial viability includes potential need for the product/service, addressable market size, market growth, competitors, and competitive advantage.
• Technical viability includes the unique features of the product/service and intellectual property positions.
• Financial viability includes business model, profit potential, and capital required.
• Management team viability includes industry experience, current industry advisors, and current technical advisors. During the Presentation phase of the Competition, the criteria also will include quality and persuasiveness of the oral presentation.

Entries that describe exciting technological breakthroughs but fail to show a clear path to commercialization will not fair well in the competition. Likewise, winners will not be chosen based solely on the potential size or profitability of the projected enterprise, but rather on how well the team has prepared its business plan, described the business model, explained the implementation, and presented the concept during the live presentation.

Entries that describe exciting technological breakthroughs but fail to show a clear path to commercialization will not fair well in the competition. Likewise, winners will not be chosen based solely on the potential size or profitability of the projected enterprise, but rather on how well the team has prepared its business plan, described the business model, explained the implementation, and presented the concept during the live presentation.