Awards and Evaluation

Awards

The best ideas of this contest will be awarded with the following prizes:

  • 1st place: € 1,500
  • 2nd place: € 1,000
  • 3rd place: € 600
  • 4th - 10th place: € 200

Furthermore, the community management team will select two MVPs (Most Valuable Participant) who will be awarded with € 250 each.

 

Evaluation criteria of the Jury

The jury will evaluate the ideas with the following criteria in mind. Please consider them when making your submission.

  • Market Potential - Is the market interesting for Borealis to enter in regard to the market size and potential?
  • Strategic Fit - Does the idea match Borealis' strategy and competencies?
  • Customer Value - Does the idea create relevant value for the specific industry/market compared to current solutions?
  • Feasibility - Is the implementation technically feasible?
  • WOW-Effect - Are you flashed by the idea?

 

Evaluation criteria for the Community

  • Market Potential - How do you assess the market potential of the idea?
  • Customer Benefit - How attractive is the idea for solving the problem of a specific industry/market compared to current solutions used?
  • Idea Elaboration - Is the idea well explained, structured and added feedback/questions from the community?
  • Novelty - How is this idea new and innovative?