Criteria for participants

The nominees will be assessed based on their business concepts, entrepreneurial power and market potential for international expansion. A participating company is to seek external venture capital for the early business stages, or be about to take a new step of expansion in its development. The jury will focus on the entrepreneur and the market potential.

The following selection criteria will be at the centre of attention:

• The first stages of development should be completed.
  
• There should be clear management capacity.
  
• There should be considerable market potential, based on uniqueness in the business model, logistics or inventive step.
  
• Although not required, there may be protection for intellectual property rights.
  
• The need for capital should be no less than SEK 500,000.
  
• There should be a lucid description of the intended use of the added capital.
  
• The company should be aware of the fact that external venture capital comes with competence and business opportunities, but also demands for structured development.