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Effective explanation of the customer/market problem that needs solving and/or the need for the innovation (15%). Is it solving a real- world problem? generated idea
- Effective explanation of the customer/marketproblemthat needs solving and/or theneedfor the innovation (15%).Is it solving a real- world problem? generated idea (10%).What is your value proposition?
- Brief discussion of the proposed business model for the idea.Include the business model canvas and describe the elements.(10%).
- Brief discussion of the key interrelationships in the business model that will support the success of the idea (15%).
- Critical success factors to be managed during the execution of the idea (15%).
- Identification of critical risks and assumptions (10%).
- Evaluation of the overall feasibility (product/service, target market,
organisational and financial feasibility) of the idea (15%).
- Quality of written submission, minimum of 6 relevant peer-reviewed journals and APA referencing format (10%).
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