Best Tech Start Up

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Adjudication Criteria

This award recognises the Malta-based tech start-up with the highest potential for growth.

Main Adjudication Criteria

1    Unique selling proposition (USP) of the product or service offered

2    Market and growth potential of the start-up

3    Team’s capability to execute the business strategy

4    Extent of leveraging ICTs in achieving the business’ USP

5    Sustainability/Viability

Bonus Criterion

6     Environmental, Social and Corporate Governance (ESG)

Recognising those who made a considerable effort to contribute towards environmental sustainability, community welfare and those focusing on good corporate governance.

Eligibility Criteria

  • Be ‘independently owned’. This defined as a business which is substantially owned by its founders and/or a group of independent investors; is not quoted on any stock market; and is not a subsidiary company of another business.
  • Operates from Malta but may target international markets

Disclaimer: The Adjudication Committee shall take reasonable precautions to treat written submissions and presentations as confidential, with the exception of the non-confidential description of the Business/Technology provided in the written application. However, it is the duty of the applicant to ensure that the intellectual property being presented is sufficiently protected and/or not prejudiced by entry into this competition.

Ref. Primary Adjudication Criteria Weighting (%)
1 Unique selling proposition (USP) of the product or service offered 20
2 Market and growth potential of the start-up 20
3 Team’s capability to execute the business strategy 20
4 Extent of leveraging ICTs in achieving the business’ USP 20
5 Sustainability/Viability 20
Ref. Bonus Criterion Weighting (%)
6 Environmental, Social and Corporate Governance (ESG) 5

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