Team
- Scientific-technical skills of the team members
- Business-administrative/entrepreneurial skills of the team
- Industry knowledge, founding experience, freelancing activities
- Relation of the project to the research at the university or research institution
- Team constellation (studies, PhD, etc.)
- Support network for the project (coaches, mentors etc.)
- Letter of intent (a good instrument to highlight customer interest in your product or service)
Innovation
- (technological) innovation compared to state of the art
- USPs (short-, medium- and long-term) and customer benefits
- Corresponding prior research and development at the university / research institution
- Product description is understandable
- Project- or work plan (implementation plan)
- Protection rights or strategy to ensure the USPs
- Horizontal objectives of the ESF are considered (equality, non-discrimination, sustainability)
Market
- Business model
- Competitive advantages (direct/indirect)
- Market chances / Market entry barriers
- Plausibility of financial planning