STAGE 1: PRE-QUALIFICATION
These questions probe the applicants' understanding of their product's unique value proposition, its customer benefits, and its tangible impact on productivity.
Question 1: Product / Services
Please describe the innovative aspects of your product, including the technology, processes, or concepts it employs. How does your product differentiate from existing solutions in the market? Provide specific examples of its unique features and the technological advancements it embodies.
Question 2: Problem-Solving and Customer Gains
How does your product address specific problems or improve customer gains? Please detail your target market's challenges and explain how your product provides effective solutions or enhancements. Include evidence or examples of how it has successfully met customer needs or expectations.
Question 3: Productivity Improvement
Describe the impact of your product on customer productivity. Provide quantitative data or case studies demonstrating customer productivity improvements after using your product. How does your product contribute to optimizing operational efficiency, reducing costs, or enhancing user output quality?
Question 4: Current Stage of Project
Select the current stage of your project:
Idea generation / concept development
Development stage
Prototype ready
Experimental
Others:
Evaluation Criteria and Weightage: