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Última actualização: 17-09-2018 Publicado a: 17-09-2018

How are applications assessed?

The selection board will take into consideration the following criterion and weightings according to its respective factors:

 

a) Weighting of 10%: the Novelty of the idea, evaluating its innovation and valuing its disruptive feature: very high (20 points), high (15 points); reasonable (10 points), low (5 points) or non-existent (0 points);

 

b) Weighting of 40%: the idea’s Potential for accelerating the transition to a circular economy, evaluating its effects on the regional economy and valuing its merit: very high (20 points), high (15 points); reasonable (10 points), low (5 points) or non-existent (0 points);

 

c) Weighting of 30%: the idea’s economic viability, evaluating its economic viability potential on the regional economy and valuing its achievement ability: very high (20 points), high (15 points); reasonable (10 points), low (5 points) or non-existent (0 points);

 

d) Weighting of 20%: the idea’s Quality of Presentation, evaluating investors, companies, consumers or entities’ potential receptivity to it and valuing the form of communication: very high (20 points), high (15 points); reasonable (10 points), low (5 points) or nonexistent (0 points).

Proposals will be ranked according to the score obtained, which will be calculated by combining the weighted score attributed to each factor.

The three ideas selected for award will be the ones obtaining the best classification.

Tie-breaking criterion: in the event of two or more applications obtaining identical final scores, the winning application will be the one with the highest score in the Novelty of the idea factor. If the tie subsists, the winning application will be the one with the highest score in the Quality of Presentation factor. 

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