Opportunity Evaluation Meet is about This phase focuses on finding out the technical and commercial feasibility of the proposed and selected ideas.
To evaluate opportunities, we do the following questions:
- What Timeframe do you need to complete the idea into the prototype?
- Idea SWOT Analysis
- What tools and methodologies you are thinking to adopt for development?
- Does the idea cover cross-functional learning and involvement?
- What is the need you fill or problem you solve? (Value Proposition)
- Who are you selling to? (Target Market)
- How will you make money? (Revenue Model)
- How will you differentiate your company from what is already out there? (Unique selling proposition)
- What are the barriers to entry?
- How many competitors do you have and of what quality are they? (Competitive Analysis)
- How big is your market? (Market Size)
- How fast is the market growing or shrinking? (Market Growth)
- What percentage of the market do you believe you could gain? (Market Share)
- What type of company will this be? (Lifestyle or High Potential, Sole Proprietorship or Corporation)
- How much will it cost to get started? (Start-up Costs)
Here we Scrutinize the submitted ideas in following rounds:
Round-I: Domain Expert OEM
Results OEM ROUND II
Round-II: Industry Experts OEM
Results OEM ROUND II
Round-III: IEDC Advisory Panel OEM
Opportunity Evaluation Meet is about This phase focuses on finding out the technical and commercial feasibility of the proposed and selected ideas.
To evaluate opportunities, we do the following questions:
- What Timeframe do you need to complete the idea into the prototype?
- Idea SWOT Analysis
- What tools and methodologies you are thinking to adopt for development?
- Does the idea cover cross-functional learning and involvement?
- What is the need you fill or problem you solve? (Value Proposition)
- Who are you selling to? (Target Market)
- How will you make money? (Revenue Model)
- How will you differentiate your company from what is already out there? (Unique selling proposition)
- What are the barriers to entry?
- How many competitors do you have and of what quality are they? (Competitive Analysis)
- How big is your market? (Market Size)
- How fast is the market growing or shrinking? (Market Growth)
- What percentage of the market do you believe you could gain? (Market Share)
- What type of company will this be? (Lifestyle or High Potential, Sole Proprietorship or Corporation)
- How much will it cost to get started? (Start-up Costs)
Here we Scrutinize the submitted ideas in following rounds:
Round-I: Domain Expert OEM
Results OEM ROUND II
Round-II: Industry Experts OEM
Results OEM ROUND II
Round-III: IEDC Advisory Panel OEM
