Participating teams are invited to take part in the Grand Challenge at the CEIBS campus in Shanghai.
On June 18th, the Grand Challenge Question will be released at the welcome ceremony. Together with the question, a package with additional background information on the case will be provided.
On June 19th, a company Q&A session with all participating teams will be held. On June 20th, teams will have the opportunity for individual Q&A.
At the final event on June 21st, each team will give a live 15-minute presentation to the Innovate China jury, followed by a 10-minute Q&A session.
Evaluation Criteria
The judging is based on six dimensions that include the thoroughness and completeness of the solution as well as how innovative the solution is. The scoring criteria are as shown below:
|
|
Attributes |
Weight |
|
1 |
Overall Impression
Thorough and informative. Encourages and entices the audience. Favorable impression and viability. Overall quality and articulation of the plan. |
10% |
|
2 |
Cost and Benefit Analysis
There is a clear and logical cost, margin and economical analysis. |
10% |
|
3 |
Pertinence
Relevance of the analysis pertaining directly to the root of the problem. |
10% |
|
4 |
Industry and competitive analysis
Demonstrated understanding of the market, industry, problem and environment. Industry trend, competitive landscape, market size, relevant issues and concepts are clearly identified. Competitive advantages of the solution are evidently defined. |
20% |
|
5 |
Innovation
Novel, imaginative and innovative both in its ability to meet the issue stated and the means in which it is implemented given its environment. |
25% |
|
6 |
Feasibility in China
Major difficulties, costs, risks and proprietary issues are defined and dealt with appropriately. Regulatory issues are addressed. Feasibility in China. |
25% |
