Eclairez > Evaluation process

• The plan should be built around socially relevant ideas. The ventures proposed should not just be innovative, feasible and sustainable but should primarily focus on bringing about a social change.
• Entries should involve original ideas and should have an innovative value (An innovative concept provides a solution for a new need, or offers a new way of fulfilling an existing need. The concept makes a clear advancement compared to existing products, services or technologies). Contestants should register online for the first round and should always use their registration code for any future correspondence.

  First round: In the first round our primary focus will be to judge the innovation and the social change the idea is about to bring. The least weight age will be given to the financial part of the business plan. The summaries will be evaluated according the following parameters.

  PARAMETER	WEIGHTAGE	PRIORITY
  Innovation	40%	High
  Social return	40%	High
  Financial sustainability	10%	Medium
  Feasibility of the venture	10%	Low

  Second round: In the second round the business plan will be judged according to following parameters.

  PARAMETER	WEIGHTAGE	PRIORITY
  Innovation	20%	High
  Social return	20%	High
  Financial sustainability	20%	High
  Feasibility of the venture	15%	Medium
  Presentation of plan and ground work	15%	Medium
  Overall impression	10%	Low