As we are preparing our first HealthStartup event on October 5, we receive quite a lot of questions on how we plan to evaluate the participating projects – and how we plan to measure the output of the event.
Our goal is to develop a tool that would give buyers of the startups’ services – as well as potential investors – a simple, straightforward indication of the project’s impact and viability. It should also be useful as a guideline for the startups themselves in evaluating potential markets, raising funds, and communicating with various target audiences.
With that in mind, we’ve started developing a “project scorecard” which will include three aspects of an innovation and produce an overall score indicating the viability of a project.
The scoring on a simple numeric scale (1-4) will be carried out by participants during the event; scores would be tabulated and communicated after the event.
Attached is our initial thinking on the parameters within the scorecard. We would very much appreciate your input, any additions (or reductions) to the list of the question, clarifications, etc.
So, please read through the article at HealthStartup and leave your comments!