Start-Up of the Year (CC-SU)

For outstanding innovation by a company in the start-up phase of development. The company will have developed an innovative and potentially superior ICT solution and the company itself is still considered at the early stage of inception.

In order to be considered for this award, the following criteria must be met:

The company registration date with the Government’s Company registration must not be more than three (3) years from the date of the APICTA competition; First slide of the startup presentation should show documentary evidence, e.g. government business registration certificate with the date of incorporation, which authenticate its established date eligibility, if necessary accompanied by an English translation of the relevant key messages.

• The individual founder(s) of the company and/or the product developers must still be a major shareholder(s) of the company
• The company must not be a subsidiary of an established parent company

Criteria:

The entry will be judged on five criteria, each examining two attributes:

Judging Criteria	Weighting	Attributes	Weighting
Business Model & Financials	30%	Funding	50%
		Scalability of operations	50%
Client Reach	15%	Quality / type of clients	50%
		Satisfaction	50%
Execution –Team Composition – Implementation	20%	Scalability of Operation	50%
		Team Composition	50%
Investment Viability	10%	Quality of Customer Base	50%
		Market Share / Potential	50%
Unique Selling Proposition	25%	Market Entry Barrier/IPR	50%
		Competitive Advantage & Differentiation	50%