Application Process All Applications must be submitted between 2th May 2014 and 30th June 2014. In each Team there must be a nominated leader who will act as the point of contact and keep the Promoter informed of changes to and within the Team, including current correspondence address throughout the application process from date of their application, until the Accelerators location is confirmed. The team must visit siriusprogramme and complete an application form by answering a series of mandatory questions, upload additional documents and a video in support of the application, plus provide details of each Team Member. Upon submission of the application form, an email confirming receipt will be sent to the nominated leader within 1 working day. Judging of the application forms will take place from 4th July 2014 and will be carried out by the Promoter and an independent judging panel appointed by the Promoter. Each application will be judged within 30 working days of the closing date. Judged scores of the applications will be checked and verified by an independent body. The total scores will be collected and the applications that scored above the threshold of an average marking of 91/130 for the Business Stream and average marking of 49/70 for the Ideas Stream, via the judging criteria in clause 18, will be passed to the Accelerators to review within 15 working days after the judging has been completed. There is separate judging criteria for the Business Stream and Ideas Stream. The maximum marks for each criteria are indicated in brackets: Business Stream (extent to which the business idea demonstrates) Market Strategy (20) Feasibility (30); Financial Model (20); Team Combination (30); UK Impact (30). Ideas Stream (extent to which the Team demonstrates) Market Potential (10); Entrepreneurial Skills (10); UK Impact (30); Team Combination (20). There are 50 places available for Teams that are selected by the Accelerators for a placement on the Programme.
Posted on: Sat, 21 Jun 2014 02:50:08 +0000
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