The selection committee will assess applications based on the following criteria:
- Business Model: The applicant’s business model will be evaluated on the basis of:
- Innovation:Is business or business idea innovative? Does it create something new or different from existing products & services in the market?
- Sustainability:Is the business or business idea sustainable?
- Ability to scale:Does the business or business idea have the ability to scale in the future?
- Financial stability:Does the business or business idea demonstrate how it can reach long-term financial stability and growth with rational rates of return?
- Replicable:Does the business or business idea have potential to replicate its business model across regions?
- Unique Value Proposition:Does the business or business idea have a unique value proposition that will thrive in a competitive market?
- Social Impact:How does the applicant’s business or business idea impact their community? Will it create job opportunities in Tibetan communities, especially in southern Tibetan settlements?
- Team:Applicants will also be evaluated on the strength of their leadership team and their industry expertise.
