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Selection Process

Company Profile Sheets (CPS) of all applicants will be screened by one Advisory Board Member as well as two Expert Reviewers.

Based on the result of the selection round the first 35 companies will go directly through to the Nordic Venture 50 and therefore can present at the Nordic Venture Forum, 20 October.

The next 20 companies will be invited for a special review session where they present their case in front of an expert panel. After this review session the Nordic Venture 50 will be selected.

The selection process will be based on the following categories:

  • Business potential - The potential market of customers for the presented product is attractive and the business model is strong

  • Team experience - Company team has skills and experience to grow the business and is able/willing to work with industry & research

  • Product / Technology merit - Technology or product solutions developed are state-of-the-art and well advanced compared to the competitors

  • Competitive position - The intellectual property of the company and its competences and strategic relations are outstanding

  • Investment or partnering interest - The demand/offer to invest in or partner with the company is well defined and potentially attractive for partners

  • Project profile quality - Information available from company profile sheet is complete, clear, balanced and convincing

The rating system will be from 0 = minimum to 10 = maximum.

To apply as a Presenting Company, you should now:

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