Startup Weekends Judging Criteria

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The Startup Weekend judging criteria is broken up into three sections. Teams are judged according to their following performance in these 3 criteria areas (weighed equally):

Business Model
The heart of it all. If you still haven’t obtained the answers to these simple questions, you have spent too much time on frills & features and need to get back to the basics:

  1. Who is your customer?
  2. What is your core value proposition?
  3. What are your key activities?
  4. What are your revenue streams?
  5. What is your cost structure?
  6. Who/what are your key partners/resources?
  7. What are your distribution channels?
  8. What is your roll-out strategy?

 

Customer Validation
Test test: Have you taken the proper steps to ensure that the people who matter (your future customers) support and reinforce your assumptions? Think of Customer Validation as ‘evidence’ to back up the core structure of your ‘theory’ (your Business Model). The more feedback you gather (quantity), the more this feedback comes from your specific target market (quality), and the more you’re able to actually integrate this feedback into the Business Model and product development (execution), the better.

 

Execution
The nitty gritty: What has your team been able to actually build over the weekend? Even the strongest Business Plans are useless in the hands of those who cannot properly execute them. Getting as far as possible in the development of your product/prototype not only helps give Judges a tangible vision of what the final product could be, but proves your strengths and skills as a team. This is what truly matters: investors don’t invest in ideas so much as teams.

(edited by Aisha Serres, thank you so much!)