Judging Criteria and Judges Introduction

Judging Criteria and Judges Introduction

Competition Theme

  1. Sustainable Technologies: Focusing on the segment developing innovative, eco-friendly technologies that address environmental challenges, such as clean energy, waste management, sustainable agriculture, etc.
  2. HealthTech Innovations: Emphasizing the segment pioneering new technologies in the health sector, including telemedicine, wearable health devices, AI in healthcare, etc.
  3. EdTech Revolution: Revolutionizing the education segment with innovative solutions in online learning, adaptive learning technologies, education management, etc.
  4. Fintech Disruptors: Focusing on the segment creating innovative financial technologies, such as blockchain, peer-to-peer lending platforms, insurtech, etc.
  5. E-Commerce Innovations: Bringing fresh ideas to the online retail segment, including AI-driven shopping experiences, VR/AR shopping, etc.
  6. Social Impact Ventures: Focusing not only on profit but also on creating a significant positive societal impact in this segment.
  7. AI and Robotics: Emphasizing the segment developing advanced AI solutions, machine learning, or robotic applications across various industries.
  8. Smart Cities: Working on intelligent infrastructure, smart mobility, energy efficiency, or IoT-based solutions for everyday life in this segment.
  9. FoodTech: Focusing on improving the food industry segment, from farm to table, including sustainable farming, food delivery, and health-focused food solutions.
  10. Future of Work: Developing tools and platforms that focus on remote work, team collaboration, productivity, and work-life balance in this segment.

Participating teams are encouraged to prioritize themes that are relevant to the following verticals that are aligned with XEC 7 Schools:

  • AI/ML/Edge Computing
  • IoT, Robotics, and Industry 4.0
  • Web3/Blockchain/Metaverse

First round judging criteria

  1. Quality of Idea: Is the project idea unique, innovative, and potentially disruptive? Does it address an existing problem or fill a market gap?
  2. Market Potential: Is there a significant demand for the product/service? Is the target market large enough and potentially profitable?
  3. Business Model Viability: Is the proposed business model reasonable and sustainable? How does the project plan to generate revenue and achieve profitability?
  4. Progress to Date: Even at an early stage, has the project demonstrated some tangible progress, such as an initial prototype, user testing, or market research?

Second round judging criteria

  1. Scalability: Does the project have the potential to expand in terms of production and market outreach?
  2. Competitive Advantage: Does the project possess distinct competitive advantages, such as proprietary technology, strong partnerships, intellectual property, or a unique business model?
  3. Financial Forecast: Are the financial projections for the project realistic and based on well-researched assumptions?
  4. Investment Potential: Is there a viable exit strategy for potential investors?
  5. Team Quality: Does the team possess the necessary skills, experience, and commitment required for the project’s success? Do the team members demonstrate good chemistry and mutual respect?