How are the criteria weighed?
Technical merit and innovation 0 = many substitutes or competitors exist, not likely to be protectable in terms of patents and copyrights 5 = protectable, disruptive technology that overcomes a serious market pain point Management team 0 = no team is in place to take this technology to market 5 = employees or advisors with relevant domain and functional expertise are in place Market potential 0 = market is poorly defined or small (less than $10 million) 5 = large, well-defined market (over $100 million) with accessible sales channels Financial viability 0 = low margins likely, little chance of raising additional funds to grow the business 5 = high profit margins, will be attractive to outside investors Overall assessment 0 = no direct ties to USTAR / regional focus areas, low likelihood of creating jobs 5 = good fit with USTAR / regional focus areas, high likelihood of creating jobs We must also stress that the overall intent of the USTAR TCG program is to foster the growth of companie
Technical merit and innovation 0 = many substitutes or competitors exist, not likely to be protectable in terms of patents and copyrights 5 = protectable, disruptive technology that overcomes a serious market pain point Management team 0 = no team is in place to take this technology to market 5 = employees or advisors with relevant domain and functional expertise are in place Market potential 0 = market is poorly defined or small (less than $10 million) 5 = large, well-defined market (over $100 million) with accessible sales channels Financial viability 0 = low margins likely, little chance of raising additional funds to grow the business 5 = high profit margins, will be attractive to outside investors Overall assessment 0 = no direct ties to USTAR / regional focus areas, low likelihood of creating jobs 5 = good fit with USTAR / regional focus areas, high likelihood of creating jobs We must also stress that the overall intent of the USTAR TCG program is to foster the growth of companie
